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Home›Remuneration›Updates to the Canada Emergency Wage Subsidy, Canada Emergency Hire Subsidy and Lockdown Assist | Dentons

Updates to the Canada Emergency Wage Subsidy, Canada Emergency Hire Subsidy and Lockdown Assist | Dentons

By Robert Stedman
March 11, 2021
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On March 3, 2021, the Authorities of Canada introduced the next proposed updates to the Canada Emergency Wage Subsidy (CEWS), Canada Emergency Hire Grant (CERS) and Lockdown Assist for the interval of March 14 to June 5, 2021 (reference intervals 14 to 16):

SCAR

  • The utmost wage subsidy price for lively staff would stay at 75 p.c (40 p.c base grant + 35 p.c top-up grant).
  • For workers on go away, employers eligible for the wage subsidy might proceed to say as much as a most of $ 595 weekly per worker.
  • Employers would proceed to have the fitting to say their share of contributions to the Canada Pension Plan, EI, Quebec Pension Plan and Quebec Parental Insurance coverage Plan for workers on go away.
  • A further various base compensation calculation is obtainable to make sure that the bottom compensation comparator stays applicable. An eligible employer can be allowed to decide on, for the reference intervals from March 14 to June 5, 2021, to make use of the interval from March 1, 2019 to June 30, 2019 or from July 1 to December 31, 2019 (the present various interval). , to calculate the fundamental remuneration.

CERS

  • The utmost hire subsidy price will stay at 65 p.c; and
  • The locking bracket will stay at 25 p.c and proceed to be offered along with the hire subsidy, offering eligible hard-hit companies with rental help of as much as 90 p.c.

CEWS and CERS

  • Because the COVID-19 pandemic has been occurring for nearly a full yr, earlier benchmarks can be based mostly on calendar months from 2019 to make sure that the final method continues to calculate a company’s decline in income by. in comparison with a pre-pandemic month:
Interval from March 14 to April 10 Interval from April 15 to Might 8 Interval 16 Might 9 to June 5
Basic method March 2021 on March 2019 or February 2021 on February 2020 April 2021 on April 2019 or March 2021 on March 2019 Might 2021 on Might 2019 or April 2021 on April 2019
Various method March 2021 or February 2021 in comparison with the January and February 2020 common April 2021 or March 2021 in comparison with the January and February 2020 common Might 2021 or April 2021 in comparison with the January and February 2020 common
  • Employers who’ve chosen to make use of the final method for earlier intervals will proceed to make use of this method. Likewise, employers who’ve chosen to make use of the choice method will proceed to make use of the choice method.



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