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With the onslaught of recent government programs to assist businesses weather the economic damage of COVID-19, we have prepared this table to assist our clients in navigating the most pertinent of these programs, being the Canada Emergency Wage Subsidy ("CEWS"), the Temporary Wage Subsidy ("10% Subsidy"), and the Canada Emergency Response Benefit ("CERB"). On April 11, 2020 the Federal Government passed legislation, providing more definitive clarity on CEWS. The author would like to express his particular thanks to Mr. Doug Richardson, Former Chief of Staff to a Federal Finance Minister, for his able assistance and input on this piece, as well as to Robert Emes and Annie Quangtakoune for their research and editing assistance.
Click here to download the summary chart.
Note that the chart has been updated to reflect changes announced on April 13, 2020.
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.
