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ARTICLE · 22 APRIL 2020

COVID-19: Canada Emergency Wage Subsidy

On April 1, 2020 the Federal Government announced additional details on the $73 billion Canada Emergency Wage Subsidy (CEWS) program for employers impacted by COVID-19.

CanadaCoronavirus (COVID-19)

On April 1, 2020 the Federal Government announced additional details on the $73 billion Canada Emergency Wage Subsidy (CEWS) program for employers impacted by COVID-19.

What is the CEWS

The Federal Government will cover up to 75% of each employee's salary on the first $58,700 that they earn this year, or up to $847 per week.

The program is effective for a 12-week period, from March 15 to June 6, 2020.

Eligibility

Eligible employers will include employers of all sizes and across all sectors of the economy, with the exception of public sector entities.

  • Eligible employers will include individuals, taxable corporations, and partnerships consisting of eligible employers, as well as non profit organizations and registered charities.

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