The new Canada Emergency Wage Subsidy (CEWS) was officially
passed into law as of April 11, 2020. Employers waiting in
anticipation can now move forward with planning, analysis and
implementation (bearing in mind applicable formalities and
deadlines). The CEWS program can have significant implications on
employers' operations, including workforce reductions and/or
recalls. Employers would be well advised to develop and implement
an appropriate strategy.
We have
written extensively about the CEWS. While many details of the
new legislation are
consistent with previously released public information, additional
specifics have been clarified or changed – including
deadlines for application, information for corporate groups and
penalties. The following practical guide summarizes the new
legislation for employers seeking to use and understand the
subsidy.