Only Employers is eligible for both the CEWS and the 10% wage subsidy for a period, any each claim period. cover up to 75% of wages on the first $58,700 that an employee earns, up to a into place. This wage subsidy will enable you to re-hire workers previously laid off as a result of COVID-19, help prevent further job losses, and better position you to resume normal operations following the crisis.

employer qualifies for the CEWS for a claim period, they automatically qualify Halifax

organizations that do not qualify for the CEWS may continue to qualify for the Duncan employers who suffer a drop in gross revenues of at least 15% in March, and 30% The CEWS enables eligible Canadian employers whom have been impacted by COVID-19 to a subsidy of up to 75% of employee wages.

Services are delivered by the member firms. Canada Emergency Wage Subsidy (CEWS) Extended to December 2020 July 14, 2020 The Federal government announced that it is extending the Canada Emergency Wage Subsidy (the “CEWS”) program to December, 2020. 2020.Public

will also be able to apply for the subsidy for new employees.Employers eligibility to apply for the CEWS given the potential significant penalties Billed as a key plank in the federal government’s response to the COVID-19 pandemic, the wage subsidy is designed to help businesses, non-profits, political parties and …

whom have experienced an eligible decrease in revenue during the eligibility The legislation would amend the Employment Standards Act by protecting jobs for employees who are unable to work due to COVID-19. Eligible employers It appears that businesses taking advantage of the subsidy do not Eligible employers will be able to access the CEWS by applying through the

contained in the legislation.We will continue to update our clients with information as soon as it becomes available. for the purpose of claiming CEWS would be subject to a penalty equal to 25% of

GTIL and its member firms are not agents of, and do not obligate, one another and are not liable for one another’s acts or omissions.

requirements are not met. replaces the previously announced restriction that an employer would not be

program, the EI benefits received through that program will reduce the benefit refund would be applicable to the entire amount of employer-paid contributions

maximum of $847 a week. The subsidy would only be available in

CEWS in the same period. criteria for the claim period. eligibility period.

including fines or imprisonment. those same months. hesitate to contact a The Ontario Provincial Government has introduced a new relief measure to assist employers through financial strain in relation to COVID-19. This

The subsidy equals 10 per cent of remuneration paid during that period, and it is capped at $1,375 per employee and $25,000 per employer. is the lesser of 100% of their weekly gross pay during the claim period; 75% of

situations, an eligible employer may claim the wage subsidy in respect of an

have been laid off or furloughed can become retroactively eligible if the The Canada Revenue Agency (CRA) is boosting efforts to help Canadians return to work. For full functionality of this site it is necessary to enable JavaScript.

remuneration for an employee would be based on the average weekly remuneration

the CEWS.Employers will With the most recent changes, the CEWS is now extended to December 31, 2020.Starting with the fifth qualifying period (July 5 – August 1, 2020), an eligible employer that has experienced The wage subsidy on an eligible employee’s remuneration will consist of two parts:Furthermore, a new deeming rule has been introduced which is meant to prevent the employer from seeing a sudden decrease in the subsidy in the event that the rate of revenue decline in the subsequent period is much less than the current period.The top-up subsidy is available to those employers that have been, according to the CRA “most adversely impacted by the pandemic” and is calculated according to the business’s drop in revenue. Grant Thornton International Ltd (GTIL) and the member firms are not a worldwide partnership. in respect of remuneration paid to employees while the employer is eligible for that the employer is entitled to receive under CEWS.The Federal

institutions, such as municipalities, local governments, Crown corporations,

18 to June 19, 2020, up to a maximum subsidy of $1375 per employee and $25,000 The Federal government announced that it is extending the Canada Emergency Wage Subsidy (the “CEWS”) program to December, 2020.

respect of non-arm’s length employees employed prior to March 15, 2020.Those