[{"label":"Home","url":"https:\/\/www.pbo-dpb.ca\/en"},{"label":"Publications","url":"https:\/\/www.pbo-dpb.ca\/en\/publications"},{"label":"Canada Emergency Wage Subsidy (CEWS) for employers with reduced revenues","url":"https:\/\/www.pbo-dpb.ca\/en\/publications\/LEG-2021-018-S--canada-emergency-wage-subsidy-cews-employers-with-reduced-revenues--subvention-salariale-urgence-canada-ssuc-employeurs-faisant-face-une-diminution-revenus"}]

Canada Emergency Wage Subsidy (CEWS) for employers with reduced revenues

Published on April 30, 2020 PDF(opens a new window)

Introducing a wage subsidy for employers with reduced revenues. Employers will be eligible for the subsidy: • between March 15th and April 11th if their revenues in March 2020 are 15% lower than March 2019; • between April 12th and May 9th if their revenues in April 2020 are 30% lower than April 2019; • between May 10th and June 6th if their revenues in May 2020 are 30% lower than May 2019; Employers may choose to compare their revenue level to the average of January and February rather than to the prior year. The PBO estimates the total net cost of this measure to be $76 billion in 2020-21. The time horizon for this costing is aligned to PBO’s current Economic and Fiscal Scenario, although there may be potential fiscal impacts for subsequent years.