On June 29, 2021, Bill C-30, Budget Implementation Act, 2021, No. 1 (Bill C-30) received Royal Assent, giving effect to many of the initiatives found in the federal government’s 2021 Budget (see our FTR Now of April 23, 2021). Bill C-30 sets out the proposed amendments to the Income Tax Act (ITA) supporting the extension…
Tag: Canada Emergency Wage Subsidy (CEWS)
Key Highlights of Federal Budget 2021
On April 19, 2021, the federal government tabled its 2021 Budget “A Recovery Plan For Jobs, Growth, And Resilience” (Budget). The Budget sets out a broad range of proposals stemming from the pandemic, such as an extension of the Canada Emergency Wage Subsidy (CEWS) and an increase to the length of Employment Insurance (EI) sickness…
Benefits Canada Publishes an Article by Rayaz Khan on CEWS
Rayaz Khan, an associate at Hicks Morley has authored “Expert panel: The ins and outs of the Canada Emergency Wage Subsidy one year on” published in Benefits Canada Magazine on March 30, 2021. The article covers Canada’s initial reaction to the pandemic, the introduction of the wage subsidy, and an update on the current state of…
Important Updates Regarding Employment Insurance Regular Benefits, Recovery Benefits, and Upcoming CEWS Claim Periods
In the latest evolution of the federal government’s response to the ongoing global COVID-19 pandemic, on February 19, 2021, the government announced that it would be introducing regulatory and legislative amendments to increase the number of weeks of benefits available for Employment Insurance (EI) regular benefits, as well as the Canada Recovery Benefit (CRB), the…
Cuing Up CEWS Through June 2021: Details Confirmed Through March 13, 2021
The Canadian government has announced the details of the extension of the Canada Emergency Wage Subsidy (CEWS) program into June 2021. CEWS was established in March 2020 to support employers, and their employees, during the COVID-19 pandemic by providing a subsidy with respect to eligible remuneration paid by eligible employers who have experienced reduced revenues…
Important Updates Regarding the Extension of the Canada Emergency Wage Subsidy (CEWS)
On October 14, 2020, the Department of Finance Canada released its latest backgrounder regarding the CEWS. The Extending the Canada Emergency Wage Subsidy backgrounder (Backgrounder) summarizes a number of new and recently announced changes to the CEWS, including the extension of the CEWS to June 2021.
Proposed Extension of Current Canada Emergency Wage Subsidy (CEWS) Calculation for Inactive Employees Through Claim Period 8
The federal government has announced that it intends to extend the current treatment of employees on leave with pay under the Canada Emergency Wage Subsidy (CEWS) program by a further four weeks, from September 27, 2020 to October 24, 2020 (CEWS claim period 8).
Proposed Extension of Current CEWS Calculation for Inactive Employees Through Claim Period 7
The federal government has announced that it proposes to extend the current treatment of employees on leave with pay under the Canada Emergency Wage Subsidy (CEWS) program by four weeks, from August 30, 2020 to September 26, 2020 (CEWS claim period 7).
Details of Extensive Changes to Employment Insurance and Canada Emergency Response Benefit Announced
In the latest evolution of the federal government’s response to the ongoing global COVID-19 pandemic, on August 19, 2020, amendments to the Employment Insurance Act (EI Act) were published and, on August 20, 2020, the government announced new measures to support affected Canadians who continue to be unable to work due to COVID-19.
Federal Government Introduces Updated CEWS Calculator
The federal government has announced the launch of an updated online calculator to help employers prepare for the next period of the Canada Emergency Wage Subsidy (CEWS) program. Employers can use the updated CEWS calculator for claim periods 1 through 5, and more periods will be added as they become available.