Skip to main content

Posts

Showing posts from August, 2020

CEWS Extended to December 2020

An Act Respecting further COVID-19 Measures received Royal Assent on July 27, 2020. This Act in part extends the Canada Emergency Wage Subsidy (CEWS). As outlined in a press release also published on July 27, the this legislation: Changes the CEWS eligibility threshold so that certain employers who cannot meet the 30% revenue loss test, but who are still struggling, can receive the benefit; Adds a top-up to the subsidy of an additional 25% for employers that have been most adversely affected by COVID-19; and Suspends some of the limitation periods applicable to civil and other non-criminal Federal Court proceedings, previously introduced in Bill C-17 . The government has posted an updated CEWS calculator to help employers calculate the subsidy amount for the new qualifying periods of: June 7, 2020 to July 4, 2020; July 5, 2020 to August 1, 2020 (Claim Period 5); August 2, 20202 to August 29, 2020 (Claim Period 6); August 30, 2020 to September 26, 2020 (Claim Period 7); September 27,