Update on 75% Wage Subsidy

This week, Prime Minister Trudeau announced the following details relating to the…

adminApril 23, 2020April 6, 2022

Update on 75% Wage Subsidy

This week, Prime Minister Trudeau announced the following details relating to the 75% Canada Emergency Wage Subsidy (“CEWS”).

Registration will commence on Monday, April 27 and be first processed on Monday, May 4 in bulk.
Payments are targeted to begin on Tuesday, May 5.
3,000 auditors have been assigned to manually review certain claims. They will review based on the size of the claims, or the size of employers. For example, 100% of claims made by large employers are expected to be reviewed. Most will be automatically processed. Reviews are intended to be completed in 72 hours.

Should you have any questions or feedback, please reach out to myself or the team. As always, we are here to help and support you.

Caveat:
The information in this publication is current as of the time it was written. This publication has been carefully prepared, but it has been written in general terms and should be seen as broad guidance only. The publication cannot be relied upon to cover specific situations and you should not act, or refrain from acting, upon the information contained therein without obtaining specific professional advice. Please contact Deuzeman & Associates to discuss these matters in the context of your particular circumstances. Deuzeman & Associates does not accept or assume any liability or duty of care for any loss arising from any action taken or not taken by anyone in reliance on the information in this publication or for any decision based on it.