Canada Revenue Agency opens applications for enhanced Canada Emergency Wage Subsidy
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Canada Revenue Agency has opened applications for Period 5 – the first period of the enhanced CEWS program. Program changes for Periods 5-9 include:
- The extension of the CEWS, including redesigned program details, until November 21, 2020.
- Increased eligibility, meaning that all eligible employers who've experienced a revenue drop can now qualify for a base subsidy. The subsidy amount is based on the revenue drop.
- Employers who are especially hard-hit can qualify for a top-up of up to 25%.
- Provide certainty for employers that have already made business decisions for July and August, by ensuring they will not receive a subsidy rate lower than they would have under the previous rules.
