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ARTICLE · 16 APRIL 2020

Federal Government Announces Significant Change To Emergency Wage Subsidy

Gardiner Roberts LLP
Gardiner Roberts LLP
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On April 8, 2020, the federal government announced that it was making a significant change to the Canada Emergency Wage Subsidy program that it had previously announced on March 30, 2020.

CanadaCoronavirus (COVID-19)

On April 8, 2020, the federal government announced that it was making a significant change to the Canada Emergency Wage Subsidy program that it had previously announced on March 30, 2020.

While the program would still provide a 75% wage subsidy to eligible employers, up to a maximum benefit of $847 per employee per week for the period March 15 to June 6, 2020, the eligibility criteria for employers has been reduced for the month of March. The previous announcement required a 30% drop in revenues. Changes have also been announced to the benchmark comparison.

More specifically, the new details are as follows:

  • For the month of March, the revenue test is 15%
    For the month of April the revenue test is 30%

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