Canada: Wage and rent subsidy levels maintained through 5 June 2021 (COVID-19)
Canada: Wage and rent subsidy levels
Eligible employers and qualifying tenants and property owners may continue to claim the wage and rent subsidies through 5 June 2021.
The government announced eligible employers and qualifying tenants and property owners may continue to claim the Canada emergency wage subsidy (CEWS) and the Canada emergency rent subsidy (CERS) through 5 June 2021. The current CEWS rate of up to a maximum of 75% of eligible wages would be maintained until 5 June 2021, and the rent subsidy rate and “lockdown support” would be maintained at their existing levels also until 5 June 2021.
Accordingly, the maximum CERS rate would remain at 65%, while the lockdown support would continue to be 25%.
As part of these measures—intended to help Canadian businesses meet financial challenges due to the coronavirus (COVID-19) pandemic—the government has proposed further adjustments to certain calculations required to claim this support.
Read a March 2021 report prepared by the KPMG member firm in Canada
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