Canada Revenue Agency opens applications for enhanced Canada Emergency Wage Subsidy

Canada Revenue Agency has opened applications for Period 5 – the first period of the enhanced CEWS program. Program changes for Periods 5-9 include: 

• The extension of the CEWS, including redesigned program details, until November 21, 2020.
• Increased eligibility, meaning that all eligible employers who've experienced a revenue drop can now qualify for a base subsidy. The subsidy amount is based on the revenue drop.
• Employers who are especially hard-hit can qualify for a top-up of up to 25%. 
• Provide certainty for employers that have already made business decisions for July and August, by ensuring they will not receive a subsidy rate lower than they would have under the previous rules.