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ARTICLE · 08 MARCH 2021

Wage Subsidy And Rent Subsidy Amounts To Be Extended

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On March 3, 2021, the federal government announced that it intends to extend the current rate structures for the Canada Emergency Wage Subsidy, the Canada Emergency Rent Subsidy and Lockdown Support from March 14 to June 15, 2021.

CanadaEmployment and HR

On March 3, 2021, the federal government announced that it intends to extend the current rate structures for the Canada Emergency Wage Subsidy, the Canada Emergency Rent Subsidy and Lockdown Support from March 14 to June 15, 2021. These programs are intended to assist businesses, non-profits and charities that have experienced a decline in revenues during the COVID-19 pandemic. For more information regarding these programs, see the government's Backgrounder.

In particular, the government announced that:

  • the maximum wage subsidy rate for active employees will remain at 75%;
  • the maximum rent subsidy rate will remain at 65%; and
  • Lockdown Support will remain at 25% and will continue to be provided in addition to the rent subsidy, providing eligible hard-hit businesses with rent support of up to 90%.

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