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Canada: Proposed extension of wage subsidy relief program to 24 October (COVID-19)

Canada: Proposed extension of wage subsidy relief

The Department of Finance announced it would further extend the Canada emergency wage subsidy (CEWS) relief program by four weeks, to 24 October 2020 (from 26 September 2020). The CEWS program was established as a relief program in response to the coronavirus (COVID-19) pandemic.

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Under the proposal, employers that qualify for the CEWS program would be able to continue to claim up to a maximum benefit of $847* per week, to support remuneration for each of their furloughed workers.

Finance originally proposed to adjust the wage subsidy for furloughed employees under the revised CEWS program, starting with the September claim period (beginning 30 August 2020) to align with the Canada emergency response benefit (CERB) and employment insurance benefits. However, Finance on 21 August 2020 extended the current treatment of furloughed employees under the CEWS program (allowing a maximum benefit of up to $847 per week, per employee) by four weeks to include the September claim period.


Read a September 2020 report prepared by the KPMG member firm in Canada

*$=Canadian dollar

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