CEWS

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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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