CEWS

Emergency Wage Subsidy

The emergency wage subsidy is a separate program from the 10% TEWS subsidy previously announced. For employers that are eligible for both the Canada Emergency Wage Subsidy and the 10 per cent wage subsidy for a period, any benefit from the 10 per cent wage subsidy for remuneration paid in a specific period would generally reduce the amount available to be claimed under the Canada Emergency Wage Subsidy in that same period.  How much?

  • 75% per cent of the first $58,700 ($44,025)normally earned by employees – up to $847 per week.

How long?​

  • The program would be in place for a 12-week period, from March 15 to June 6, 2020

Who is eligible?

  • Employers who suffer a drop in gross revenues of at least 15 per cent in March, and 30% in April or May, when compared to the same month in 2019 or average of Jan and Feb 2020, would be able to access the subsidy

  • The following table explains the reference periods for assessing the % decrease in revenues to determine eligibility


  • Deeming Rule: if you are determined to be eligible for one period you are automatically deemed to be eligible for the next period without necessarily making another determination. It will only apply for the very next claim period and will not extend to the one after that.

How can I get it?

  • Eligible employers and representatives will be able to access the Canada Emergency Wage Subsidy by applying through My Business Account or Represent a Client

  • We recommend everyone to set up direct deposit on their CRA account


How does this work with CERB?

  • the employee will be required to repay their CERB if they make more than $1000 during that period

*Those organizations that do not qualify for the Canada Emergency Wage Subsidy may continue to qualify for the previously announced wage subsidy of 10 per cent (TEWS).

Korean Ver.


 모든 사업체 및 NPO, CHARITY 에 적용되는 NEW WAGE SUBSIDY PROGRAM  이 프로그램은 전에 발표됬던 Small Business 에 적용하는 10% 섭시디 프로그램이랑 다른 프로그램입니다. 둘다 해당이 된다면 75% 신청 승인이 될경우 75%에서 10%이미 받은 금액이 줄여질겁니다.  How much?

  • 75% of first $58,700/employee($44,025), 종업원당 1주일 최대금액 $847($44,025/52 주) 

How long?

  • 12주 - 해당되는 기간은 March 15 to June 6, 2020 

Who is eligible?

  • 총매출 3월에  15%, 4,5월은 30%  떨어진 고용주는 해당이된다. 계산방법은 전년도 같은 달을 비교 OR 1-2월 평균매출을 비교하여 계산을할수있다

  • 스몰비즈니스, Non-small business, charity, NPO 다 해당이된다  

  • Deeming Rule: 한Period 해당이 되면, 자동적으로 그다음 기간에도 해당이된다

How can I get it?

  • CRA My business account 로 신청이 가능할것입니다(미리 account 를 개설하세요)

  • 모두다 My Account 에 Direct Deposit 미리 Set up 하는것을 추천합니다  


How does this work with CERB?

  • 섭시디를 신청하신 기간안에 $1000넘게 급여가있었다면 CERB 신청을 못합니다. 이미 신청을했다면 repay 해야한다

*30% 이상 매출감소가 안된 사업체는 계속 전에 발표가되었던 10% 섭시디를 받을수있다  전에 업데이트 된 공지사항을 봐주세요. * Fraud 가 있을 경우 심각한 penalty 를 부과한다고 하니 정확하게 모든 자료를 준비하여 주세요.(실제로 payroll 을 하여야 하고, 종업원에게 돈을 지급하여야 하고, 매출이 30% 이상 감소한 것을 입증하여야 합니다.)


PARK & COMPANY

Suite 300 4838 Richard Road SW Calgary, AB | 403 252 1588 | tax@parkcompany.ca