Covid-19 Update – Canada Emergency Wage Subsidy (CEWS) June 16, 2020

June 16, 2020

Update: June 16, 2020 – Basic Wage Subsidy Update: The 10% Wage Subsidy is scheduled to end as of the last pay cycle June 19th.

Update: Beginning April 27, applications will be open for the Canada Emergency Wage Subsidy


What is the Eligibility Threshold for the CEWS?

How is “Qualifying Revenue” Calculated?

What is the Value of the Subsidy that the CEWS will Provide?

Is there a Maximum Cap on the CEWS Amount?

Do Employers Have to Re-Apply?

Are there any reductions for Payroll Remittances?

Is the CEWS Retroactive?

How Long will the CEWS Remain in Place?

If an Employer has Employees on Layoff Currently, Do They All Have to be Recalled?

How Do Employers Apply for the CEWS?

What Records are Employers Required to Keep?

When will Funds Become Available?

Will Employers be Taxed on the CEWS Monies?

Are There Penalties for Misuse of the CEWS?