| Original Canadian Emergency Wage Subsidy (CEWS) | Extension to CEWS | Expansion to CEWS | |
|---|---|---|---|
| Effective Period | March 27th, 2020 | May 15th, 2020 | July 17th, 2020 |
| Effective Period | Period 1: Mar 15 to Apr 11 Period 2: Apr 12 to May 9 Period 3: May 10 to Jun 6 Period 4: Jun 7 to Jul 4 |
Period 5: Jul 5 to Aug 1 Period 6: Aug 2 to Aug 29 |
Period 7: Aug 30 to Sep 26 Period 8: Sep 27 to Oct 24 Period 9: Oct 25 to Nov 21 |
| Eligibility | All Canadian private business that can prove a revenue drop beyond applicable thresholds, compared to the reference periods from the previous year Look out for: 1. General approach vs Alternative approach determining reference periods 2. Regular rule vs Deeming rule for eligibility in each following period |
All Canadian private business that can prove any revenue drop compared to the reference periods from the previous year Look out for: 1. General approach vs Alternative approach determining reference periods 2. If employer has not experienced revenue reduction in period 5, it may still qualify for the period's claim if the Deeming rule from period 4 applies 3. Safe harbour rule |
All Canadian private business that can prove any revenue drop compared to the reference periods from the previous year Look out for: 1. General approach vs Alternative approach determining reference periods |
| Subsidizes | 75% of eligible remuneration paid to each eligible employee, up to a max of $847 per week per employee | 75% of eligible remuneration paid to each eligible employee, up to a max of $847 per week per employee | 75% of eligible remuneration paid to each eligible employee, up to a max of $847 per week per employee |
| Facilitated Through | CRA's My Business Account portal application and subsequent direct deposit credit from the CRA | CRA's My Business Account portal application and subsequent direct deposit credit from the CRA | CRA's My Business Account portal application and subsequent direct deposit credit from the CRA |
| Filing Requirement | Claim amounts used to pay employee's salaries must be recorded in the employee's T4 slip in the "Other Information" section, as code 57 and 58 | Claim amounts used to pay employee's salaries must be recorded in the employee's T4 slip in the "Other Information" section, as code 59 | Claim amounts used to pay employee's salaries must be recorded in the employee's T4 slip in the "Other Information" section, as code 60. Additional codes to be determined |
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