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.