Share with your friends

Canada: Wage subsidy for universities, health research institutes (COVID-19)

Canada: Wage subsidy for universities, health research

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.


Related content

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

*$=Canadian dollar

The KPMG logo and name are trademarks of KPMG International. KPMG International is a Swiss cooperative that serves as a coordinating entity for a network of independent member firms. KPMG International provides no audit or other client services. Such services are provided solely by member firms in their respective geographic areas. KPMG International and its member firms are legally distinct and separate entities. They are not and nothing contained herein shall be construed to place these entities in the relationship of parents, subsidiaries, agents, partners, or joint venturers. No member firm has any authority (actual, apparent, implied or otherwise) to obligate or bind KPMG International or any member firm in any manner whatsoever. The information contained in herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation. For more information, contact KPMG's Federal Tax Legislative and Regulatory Services Group at: + 1 202 533 4366, 1801 K Street NW, Washington, DC 20006.

Connect with us


Want to do business with KPMG?


loading image Request for proposal