Canada Emergency Wage Subsidy: Get Ready To Apply
The Canada Revenue Agency will open the application process on April 27. CEWS claims will be subject to verification by the CRA, therefore the CRA will begin to release funds for approved applications on May 5.
To get ready, the CRA has released instructions on what you need to do, a wage subsidy calculator and enhanced eligibility information.
STEP-BY-STEP GUIDE: GET READY TO APPLY FOR THE CANADA EMERGENCY WAGE SUBSIDY (CEWS)
About CEWS
To help employers keep and re-hire workers amidst the challenges posed by the COVID-19 pandemic, the Government is implementing the Canada Emergency Wage Subsidy (CEWS). This important economic measure provides up to $847 per employee per week, to eligible employers, for up to 12 weeks, preventing further job losses and encouraging employers to re-hire workers previously laid off as a result of COVID-19, retroactive to March 15, 2020.
Eligible employers include individuals (including trusts), taxable corporations, registered charities, non-profit organizations and partnerships consisting of eligible employers.