The Canada Emergency Wage Subsidy
Increasing from 10% to 75% Wage Subsidies for qualifying businesses.
This will greatly help businesses maintain payroll & employment with positive spinoffs for the economic recovery on the other side of the pandemic.
- Will cover 75% of salary on the first $58,700 earned, back dated to March 15
- Any business with at least a 30% revenue decrease because of COVID-19 qualifies
- Number of employees does not matter
- It applies to non-profits, charities and companies big and small