On July 17, 2020, the federal government announced it is proposing a further extension of the Canada Emergency Wage Subsidy program (“CEWS”) until December 19, 2020. New CEWS Rules starting July 5, 2020 Effective July 5, 2020, the CEWS will consist of two parts: a base subsidy available to all eligible employers that are experiencing […]
As part of Canada’s Covid economic response, the federal government adopted an urgency measure for commercial landlords and tenants; the Canada Emergency Commercial Rent Assistance (CECRA) program. The CECRA program provides for eligible commercial property owners to reduce the rent owed by their impacted qualifying small business tenants. Property owners must however offer a minimum […]
As a reminder, last March, the governments of Canada and Quebec announced that the deadline for the payment of the GST/HST and the QST returns to be filed within the period starting March 27 and ending May 31, 2020 was extended to June 30, 2020. The tax authorities have also announced that no interest or […]
To complement the Canada Emergency Wage Subsidy, a credit on employers contribution to the Health Services Fund will be established for employers that can benefit from the Canada Emergency Wage Subsidy and that maintain an establishment in Québec. The credit on employers contribution to the Health Services Fund will be granted for a period of […]
It’s said that a crisis brings out the best in people and, in most cases, that’s true. But there is a dark side to tough times, as fraudsters prey on people who are uncertain and looking for easy answers. Some fraudsters are using COVID-19 as a cover to launch new underhanded schemes to separate Canadians […]
On April 24, 2020, the Canada Revenue Agency (“CRA”) posted a list of frequently asked questions and answers (FAQs) regarding the Canada Emergency Wage Subsidy (“CEWS”) on their website. These FAQs address many common questions about the CEWS received by the CRA. We understand there are other questions to which the CRA is still developing […]
On April 21, 2020, the federal government has released the Canada Emergency Wage Subsidy calculator to support employers as they prepare to apply for the CEWS. The CEWS calculator and other information can be found on the CRA’s Canada Emergency Wage Subsidy page. [https://www.canada.ca/en/revenue-agency/services/subsidy/emergency-wage-subsidy.html]. The web page outlines who can apply for the subsidy, how […]
Over the past month, the federal and provincial governments of Canada have announced various relief measures with respect to the filing and payment of indirect taxes. These measures were then subject to modifications and clarifications. Their objective is to help companies facing liquidity problems given the current crisis. We summarize these measures below. Goods and […]
Canada Emergency Wage Subsidy The Canada Emergency Wage Subsidy (“CEWS”) provides up to a 75-per-cent wage subsidy to eligible employers for up to 12 weeks, retroactive to March 15, 2020. The parameters of the program are outlined below. Eligible Employers Eligible employers include: individuals taxable corporations partnerships consisting of eligible employers, non‑profit organizations and registered […]
On April 11, 2020 new legislation relating to the 75 per cent Canada Emergency Wage Subsidy (“CEWS” or “75% labour grant”) was introduced and passed by the House of Commons. In addition to the legislation, the government has also released a revised backgrounder which can be found at the following link: https://www.canada.ca/en/department-finance/news/2020/04/government-introduces-covid-19-emergency-response-act-no-2-to-help-businesses-keep-canadians-in-their-jobs.html The legislation is […]