BEFORE YOU LAY OFF – Canada Emergency Wage Subsidy

We don’t have all the details yet, but should have more info over the next day or two in this new employer subsidy program. I have not found a better source for info yet, but this short article below will help understand what is being proposed.

Prime Minister Justin Trudeau today announced the initial details of the 75% employer wage subsidy announced last week. Dubbed the “Canada Emergency Wage Subsidy” (the CEWS), he described this as a program that will help people keep jobs, while the Canada Emergency Response Benefit, announced last week, will help people who have lost their jobs.

Notably, the number of employees that an employer has will not be a consideration. It will apply to nonprofits and charities and companies both large and small, the key qualifying factor being a 30% reduction in the revenues of the business.

The CEWS covers the first $58,700 of annual income, paying a maximum subsidy of $847 a week, and the effective date has been set retroactively to March 15, although the date that money is to start to flow has not yet been stated.


For the Mainstay clients that have signed up for the ConnectsUs HR resources…

The ConnectsUs HR Toolkit Resource Center will include COVID-19 updates, resources and templates for small business that will be completed by mid week.
The benefit of the Resource Center is that the information you need can be found in one central place, organized, and categorized as either:
  • Dynamic information & updates (external updates that can change daily and sometimes even hourly)
  • Up-to-date resources and templates that are revised as information changes
You can now login to access the COVID-19 Resources & Templates that includes the following launched resources: