On May 15th, 2020 Prime Minister Trudeau made further announcements in regards to Canada Emergency Wage Subsidy (CEWS):
- The Canada Emergency Wage Subsidy program will be extended for 3 months.
- The government will also reconsider the 30% revenue decline test for CEWS eligibility to ensure that it is not a barrier to achieving the overall program objective.
- The Canada Child Benefit and the GST/HST credit will be paid to end of September even if you haven’t filed your 2019 T1 by June 1st.
Contact your DMCL advisor in case of any questions about the Canada Emergency Wage Subsidy.