Note: The federal government has since made further changes to the Canadian Emergency Wage Subsidy. You can find our latest coverage of the topic here.
On March 27, 2020, Justin Trudeau announced an increase from the previously announced temporary wage subsidy program for small to medium-sized employers. The previous program covered up to 10% of payroll to a maximum of $25,000. The increase will cover up to 75% of payroll. Trudeau stated eligibility details, including any applicable maximums, will be released by March 30, 2020. The new program will also be retroactive to March 15.
We will provide further details when they become available.
For more legal analysis of how COVID may affect your business, or personal affairs, visit Clark Wilson’s COVID-19 Resource and FAQ pages
