Today, Prime Minister Justin Trudeau announced applications for the Canada Emergency Wage Subsidy (CEWS)
will be open on April 27. Trudeau also announced that, as of today, an online calculator is available to help employers determine how much their subsidy may be.
The CEWS supports employers that are hardest hit by the pandemic, and protect the jobs Canadians depend on.
The subsidy generally covers 75% of an employee's wages – up to $847 per week - for employers of all sizes and across all sectors who have suffered a drop in gross revenues of at least 15% in March, and 30% in April and May.
The program will be in place for a 12-week period, from March 15 to June 6, 2020.
