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ARTICLE · 23 APRIL 2020

COVID-19 News: Details Of The Canada Emergency Wage Subsidy (CEWS) Program Released

Employers of all sizes, including charities and not-for-profit organizations, are now eligible for the federal government's new Canada Emergency Wage Subsidy (CEWS) if they meet the qualifying criteria

CanadaCoronavirus (COVID-19)

Employers of all sizes, including charities and not-for-profit organizations, are now eligible for the federal government’s new Canada Emergency Wage Subsidy (CEWS) if they meet the qualifying criteria. The previous wage subsidy program remains available but applies only to small or medium size businesses.

To be eligible for the CEWS, an employer must have experienced a 30% decrease in revenue as compared to the same month in the previous year, although there are a few exceptions such as businesses that didn’t exist in 2019. This program will run for three months and applications, including proof of the monthly 30% revenue decrease, must be made each month.

Highlights of the program are:  ·

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