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ARTICLE · 20 MAY 2021

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Federal Government Announces Changes To The CEWS And CERS Programs And Introduces The Canada Recovery Hiring Program

McCarthy Tétrault
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On April 19, 2021, Deputy Prime Minister and Finance Minister Chrystia Freeland tabled in the House of Commons the Liberal Government's first federal budget in more than two years...

CanadaTax
Tax Perspectives
Tax Perspectives
Stefanie Morand
Stefanie Morand
Jeremy Ho
Jeremy Ho
Anthony Campione
Anthony Campione
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On April 19, 2021, Deputy Prime Minister and Finance Minister Chrystia Freeland tabled in the House of Commons the Liberal Government's first federal budget in more than two years, A Recovery Plan for Jobs, Growth, and Resilience ("Budget 2021"). Budget 2021 proposes to amend the Income Tax Act (Canada) (the "ITA") to (i) implement changes to the existing Canada Emergency Wage Subsidy ("CEWS") and Canada Emergency Rent Subsidy ("CERS") programs, and (ii) establish the new Canada Recovery Hiring Program ("CRHP"). On April 30, 2021, the Government introduced Bill C-30, Budget Implementation Act, 2021, No. 1., to implement these proposed measures. As of the time of writing, Bill C-30 is undergoing second reading in the House of Commons.

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