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ARTICLE · 02 MARCH 2021

Federal Government Releases Draft Legislation To Amend Wage Subsidy And Rent Subsidy Programs

McCarthy Tétrault
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On February 24, 2021, the Department of Finance released draft legislative proposals (the "Proposals") to amend the Canada Emergency Wage Subsidy

CanadaFinance and Banking
McCarthy Tetrault LLP
McCarthy Tetrault LLP
Stefanie Morand
Stefanie Morand
Jeremy Ho
Jeremy Ho
Brendan Festeryga
Brendan Festeryga
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On February 24, 2021, the Department of Finance released draft legislative proposals (the "Proposals") to amend the Canada Emergency Wage Subsidy ("CEWS") and the Canada Emergency Rent Subsidy ("CERS") to, inter alia:

  1. provide applicants with additional flexibility in determining their revenue decline for Period 11 (i.e., December 20, 2020 to January 16, 2021); and
  2. ensure that landlords with non-arm's length tenants who are subject to a "public health restriction" are not precluded from accessing the lockdown support subsidy of the CERS ("Lockdown Support") due to a drafting issue.

Brief details of these relieving Proposals are provided below. The draft legislative proposals can be found here and the related Government Backgrounder and news release can be found here and here.

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