The federal government’s newly revised 75% Canada Emergency Wage Subsidy (CEWS) now has a price tag attached to it: $71 billion. Continue reading for updates on the wage subsidy.
Some of the feedback we’re receiving is that small businesses are frozen amid a myriad of complex moving parts including conflicting and cross pollinating employment laws, HR and legal bulletins, and rapidly change government communication and amendments relating to COVID-19.
In a major boost to small and medium-sized businesses, the Prime Minister, Justin Trudeau, announced today the that the federal government will cover 75% of wages for qualifying businesses, backdated to March 15.