Certain universities and health research institutes that may not qualify for the 75% emergency wage subsidy (relief payments) may still apply for financial assistance in response to the coronavirus (COVID-19) pandemic.
The 75% emergency wage subsidy is available to qualifying employers that have lost revenue during COVID-19 and generally provides an amount to employers equal to 75% of employees' remuneration paid, up to a cap of $847* per week per employee. The subsidy has an expiration date of 29 August 2020.
Canada’s federal government announced that it will provide wage support to certain organizations (such as universities and health research institutes) so they can retain research staff funded from industry and philanthropic sources.
Read a May 2020 report prepared by the KPMG member firm in Canada
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