Canada Emergency Wage Subsidy extended, redesigned

On July 17, the federal government announced proposed changes to the Canada Emergency Wage Subsidy (CEWS) that would broaden the reach of the program and provide better targeted support so that more workers can return to their jobs quickly as the economy restarts.

Click here for more details, including the revised rate structure of the base CEWS.

Highlights of the proposed changes include:

In order to implement the measures included in the July 17 announcement, the Government of Canada needs to introduce legislation to be considered by Parliament.

CEWS was put in place for an initial 12-week period from March 15 to June 6, 2020, providing a 75-per-cent wage subsidy to eligible employers. On May 15, the Finance Minister, Bill Morneau, announced that the Government of Canada would extend the CEWS by an additional 12 weeks to August 29, 2020. The latest proposed changes would further extend the program until November 21, 2020, with the intent to provide further support until December 19, 2020.

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