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ARTICLE · 05 MAY 2020

COVID-19 Impact: Canada Emergency Wage Subsidy Enacted

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During an emergency sitting of Parliament on Saturday night, the federal government's wage subsidy legislation was passed by both the House of Commons and the Senate and received Royal Assent.

CanadaCoronavirus (COVID-19)

During an emergency sitting of Parliament on Saturday night, the federal government's wage subsidy legislation (entitled A Second Act Respecting Certain Measures in Response to COVID-19) was passed by both the House of Commons and the Senate and received Royal Assent. The new Canada Emergency Wage Subsidy (CEWS) provides a 75% wage subsidy to eligible employers for up to 12 weeks, retroactive to March 15, 2020.

Eligible Employers

Eligible employers can include the following entities:

  • individuals
  • taxable corporations
  • registered charities, other than public institutions such as school boards, colleges or hospitals
  • partnerships, all members of which are eligible employers

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