(July 13, 2020): CEWS Extended to December / NEWS RELEASE (July 17, 2020)
Guide Updated as WorksafeBC has added Accommodation, Motion Picture and television production, Sports and recreation , Performing Arts and Faith Based Organizations to Phases 2 & 3 in the industry specific guidelines listing.
10% Temporary Wage Subsidy The 10% Temporary Wage Subsidy for Employers is a three-month measure that will allow eligible employers to reduce the amount of payroll deductions required to be remitted to the Canada Revenue Agency (CRA). The Canada Emergency Wage Subsidy, which provides a 75% wage subsidy to eligible employers for up to 12 weeks, is a separate program. For more information on that program, see below.
Canada Emergency Wage Subsidy (CEWS) Government Of Canada Rolls Out Canada Emergency Wage Subsidy (CEWS) Improvement Details: On July 20th the proposed extension with improvements was passed in the House. Some of the changes include:
- extension of the CEWS until December 19, 2020.
- Make the subsidy accessible to a broader range of employers by including employers with a revenue decline of less than 30% and providing a gradually decreasing base subsidy to all qualifying employers.
- Introduce a top-up subsidy of up to an additional 25% for employers that have been most adversely affected by the pandemic.
- Provide certainty to employers that have already made business decisions for July and August by ensuring they would not receive a subsidy rate lower than they would have had under the previous rules.
- Address certain technical issues identified by stakeholders
Frequently asked questions - Canada emergency wage subsidy (CEWS):
The Canada Revenue Agency has published a helpful FAQ document intended to provide more in-depth technical information on the most commonly anticipated technical questions from businesses and tax professionals.
The Maple Ridge - Pitt Meadows News is happy to work with local businesses in their COVID-19 marketing and advertising plans whenever they are ready. We have developed an extensive Communication Strategy Plan for you during these trying times on both offline and online platforms, and we are happy to present it whenever you are ready to discuss via Zoom. As a local business and employer we understand the unprecedented times we are all having to navigate. Let us help you, we’re ready when you’re ready - contact Lisa Craik at 604-476-2728 or email her at firstname.lastname@example.org for further details.
Provided by the office of Maple Ridge – Mission MLA, Bob D’Eith. We know that businesses in BC are hurting due to this pandemic. MLA D’Eith is committed to helping support businesses in Maple Ridge during this extraordinary time. If you would like more information on these supports, or a chance to discuss particular concerns with MLA D’Eith please reach us at 604 476 4530 (it’s very important to leave a message) or at email@example.com.
We encourage participation in active surveys as these are important opportunities to provide your feedback that will assist the government in making informed decisions.
Statistics Canada and the Canadian Chamber of Commerce collaborated to launch the Canadian Survey on Business Conditions. Click Here to view the results.