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.

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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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