Changes to the Canada Emergency Wage Subsidy take effect today.
The government says they make sure more businesses can reopen their doors and rehire their workers.
The program has also been extended until December 19th and applications for the next period will open up today.
If you’re a business owner planning to apply, use the updated and improved calculator so you know how much support you can expect to receive.
The agency says after applications open today, employers can expect to receive their payment within three to five business days.
To make sure you have all the information you need, please click here.
Reminder! Canada Emergency Wage Subsidy (#CEWS) has been extended through the fall. CEWS helps employers retain their existing employees on payroll and rehire employees previously laid off due to #COVID19. Learn more: https://t.co/oc8xlUIQcq #EconomicResponse pic.twitter.com/k5EeBooT46
— FinanceCanada (@FinanceCanada) August 13, 2020