Canada Emergency Wage Subsidy (CEWS) Updates as of April 14, 2020
On April 11th, 2020, the Canadian Government passed Bill C-14 into legislation and made a few changes to the initial proposal. Currently, the Bill provides for the CEWS program to end June 6, 2020, however the Minister has the power to extend the CEWS program to September 30, 2020 without having to recall Parliament.
The Government is currently working on an application portal with CRA, and owners should register with CRA for My Account and My Business Account (instructions can be found on our blog).
To read about the significant changes to the subsidy program please read summary here: April 14 2020 CEWS update (Bill C-14)