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ARTICLE · 09 MARCH 2021

Federal Government Extends Wage Subsidy And Rent Subsidy Programs Until June 2021

McCarthy Tétrault
McCarthy Tétrault
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On March 3, 2021, the Government of Canada (the "Government") announced additional particulars as to how the Canada Emergency Wage Subsidy...

CanadaGovernment, Public Sector
Tax Perspectives
Tax Perspectives
Stefanie Morand
Stefanie Morand
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On March 3, 2021, the Government of Canada (the "Government") announced additional particulars as to how the Canada Emergency Wage Subsidy (the "CEWS") and the Canada Emergency Rent Subsidy (the "CERS"),will apply for Periods 14 to 16 (i.e., March 14, 2021 to June 5, 2021).

This release highlights the particulars announced on March 3, 2021. Additional commentary from our firm on the CEWS can be found here, here, here, here, here, here, here, here, here, here, here and here, and commentary on the CERS can be found here, here and here.

Existing Rate Structures

Prior to the Government's announcement, the existing rate structures for the CEWS (for both active and furloughed employees) and the CERS (including the lockdown support subsidy) were set to expire at the end of Period 13 (i.e., March 13, 2021). The Government announced that it will extend the current rate structures for these programs until the end of Period 16 (i.e., June 5, 2021).

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