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.