Changes to CEWS
What Changes to the Canada Emergency Wage Subsidy means for Employers - 10:00 am on Thursday, August 6, 2020
On July 21, the House of Commons passed Bill C-20, an Act respecting further COVID-19 measures which makes a number of significant changes to the Canada Emergency Wage Subsidy ("CEWS") program including making the wage subsidies more accessible to businesses and extending its availability to December 19, 2020.
The Bill provides for a base subsidy available to all eligible employers experiencing a revenue decline with the subsidy amount varying depending on the scale of the revenue decline. The government has also introduced a new top-up subsidy for those employers most adversely affected by the pandemic. Not surprisingly, however, the applicable formulas, claim periods and limitations are confusing.
Please join us on Thursday, August 6 at 10:00 a.m. - 10:30 a.m. PT as Stuart Ducoffe, HR and Employment Lawyer and Founder of e2r® discusses the primary changes to the CEWS.
Topics to be covered include:
- What are the key changes that employers need to know about?
- What are the time/claim periods?
- Is any employer suffering a revenue decline entitled to particpate?
- What is the subsidy rate?
- Are there limitations on the amounts received?
- How do employers apply?