The Canada Emergency Business Account (“CEBA”) is among the business support measures introduced in the Federal Government’s COVID-19 Economic Response Plan. Working with financial institutions, the CEBA provides a loan of up to $40,000 to eligible businesses to assist with their immediate operating cash flow needs. If repaid prior to Decemb...
On April 8, 2020, several temporary changes to the Canada Summer Jobs Program were announced to provide opportunities for youth including:
Increasing the wage subsidy under the program to 100% of the provincial or territorial minimum hourly wage for each employee;
Extending the end date for employment to Feb 28, 2021;
Allowing part-time hires un...
This summary consolidates the COVID-19 financial relief available for Canadian individuals, businesses, charities and non-profits and takes into consideration any new or adjusted support available as of April 8, 2020. Download the summary here or view the summary below.
20-1063 COVID - Article - Canada Financial Relief Plan - April 8
Employers may be eligible for one or both wage subsidies. To figure out your eligibility, check out our comparison chart below – download the PDF here.
20-1063 COVID - Subsidy Compar. Chart - April 3 2020
On April 1, 2020 details of the new 75% wage subsidy were released. The 75% wage subsidy is available to eligible employers for up to 12 weeks, retroactive to March 15, 2020. This subsidy is in addition to the previously announced 10% wage subsidy. Below is a summary of the 75% emergency wage subsidy. For complete details see: https://www.canada.ca/en/dep...