Universities and health research institutes that may not qualify for the 75% CEWS may still apply for financial assistance
Certain universities and health research institutes that may not qualify for the 75% Canada Emergency Wage Subsidy may still apply for financial assistance during COVID-19. The government announced that it will also provide wage support to these organizations so they can retain research staff funded from industry and philanthropic sources. The government has not yet announced the starting date or term for this new relief.
Download this edition of the TaxNewsFlash to learn more.
© 2021 KPMG LLP, an Ontario limited liability partnership and a member firm of the KPMG global organization of independent member firms affiliated with KPMG International Limited, a private English company limited by guarantee. All rights reserved.
For more detail about the structure of the KPMG global organization please visit https://home.kpmg/governance.