Canada enacted legislation on 11 April 2020 for the introduction of the Canada Emergency Wage Subsidy (CEWS) to help businesses retain employees during the coronavirus (COVID-19) pandemic. The CEWS is provided to eligible employers for up to 12 weeks, retroactive to 15 March 2020.
The CEWS amount for a given employee on eligible remuneration paid for the period between 15 March and 6 June 2020 is the greater of:
- 75% of the amount of remuneration paid, up to a maximum benefit of CAD 847 per…