As previously reported, the Government is implementing the
Canada Emergency Wage Subsidy (CEWS), which will provide a 75% wage
subsidy of up to $847 per employee per week, to eligible employers,
for up to 12 weeks.
The government has now launched the Canada Emergency Wage
Subsidy calculator to support employers as they prepare to
apply for the CEWS. The calculator can be found on the Canada
Revenue Agency's Canada Emergency Wage
Subsidy web page. This Web page also includes information
and instructions about who can apply for the subsidy, how
eligibility is assessed, and how the subsidy is calculated.
Employers are encouraged to sign up for My Business
Account or Represent a Client,
as they will be able to apply through these portals. The
application process will be opened on April 27 and funds will begin
to be released on May 5.