On November 30, 2020, Canada’s Minister of Finance, Chrystia Freeland, released the “Supporting Canadians an Fighting COVID-19 : Fall Economic Statement 2020” plan. This plan includes proposed changes that have yet to receive approval by the House of Commons and Royal Sanction from the Senate. Notwithstanding the foregoing, here is what you should know about the proposed changes with regards to periods 11 to 13 of the CEWS and 4 to 6 of the CERS.
1. Canada Emergency Wage Subsidy (CEWS)
2. Canada Emergency Rent Subsidy (CERS)
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We offer a Crisis Relief Program to support you throughout the process. Whether you are wondering about your company’s eligibility or would like an estimate of the amount of subsidy to which you may be entitled, do not hesitate to contact a member of our team.