COVID-19 Update – Expansion of the Canada Emergency Wage Subsidy
On the morning of March 30, 2020, Prime Minister Justin Trudeau significantly expanded the scope of the Canada Emergency Wage Subsidy. As recently as Friday, March 27, 2020, the Federal Government had planned on providing this benefit only to “small and medium-sized businesses”. On March 30, 2020, the Prime Minister clarified that the subsidy would be available for any business, big or small, including charities and not-for-profit organizations, provided that the employer’s revenue had declined by 30% or more due to the COVID-19 pandemic.
To read more on the Canada Emergency Wage Subsidy please see the link below:
Finance Minister Bill Morneau is expected to share more details on the Canada Emergency Wage Subsidy in the next few days. We will provide updates on our site as more information becomes available.
For further information relating to the COVID-19 pandemic and how it may impact your workplace, please look to our previous bulletins, which can be found on Roper Greyell’s COVID-19 resource page.