COVID-19 Canada Emergency Wage Subsidy, Canada Temporary Wage Subsidy and Canada Emergency Response Benefit Summary Table

UPDATED APRIL 13, 2020

With the onslaught of recent government programs to assist businesses weather the economic damage of COVID-19, we have prepared this table to assist our clients in navigating the most pertinent of these programs, being the Canada Emergency Wage Subsidy (“CEWS”), the Temporary Wage Subsidy (“10% Subsidy”), and the Canada Emergency Response Benefit (“CERB”). On April 11, 2020 the Federal Government passed legislation, providing more definitive clarity on CEWS. The author would like to express his particular thanks to Mr. Doug Richardson, Former Chief of Staff to a Federal Finance Minister, for his able assistance and input on this piece, as well as to Robert Emes and Annie Quangtakoune for their research and editing assistance.

Click here to download the summary chart.

Note that the chart has been updated to reflect changes announced on April 13, 2020.

The lawyers at McKercher LLP blend expertise in tax, employment, and government programming to provide timely and relevant solutions to our clients. Our team is actively monitoring changes to laws and government programs in the wake of COVID-19.

About the Author:

Joe is a technology, corporate finance, and tax partner in the Saskatoon office with a particular focus on high-growth technology companies, tax structuring for private enterprises and professionals, and scaleable corporate law and contract solutions for startups.

About McKercher LLP:

McKercher LLP is one of Saskatchewan’s largest, most established law firms, with offices in Saskatoon and Regina. Our deep roots and client-first philosophy have helped our firm to rank in the top 5 in Saskatchewan by Canadian Lawyer magazine (2019/20). Integrity, experience, and capacity provide innovative solutions for our clients’ diverse legal issues and complex business transactions.

This post is for information purposes only and should not be taken as legal opinions on any specific facts or circumstances.  Counsel should be consulted concerning your own situation and any specific legal questions you may have.

For more information and resources regarding COVID-19 visit www.mckercher.ca/covid-19