Canada Emergency Wage Subsidy (CEWS)

  • Subsidy for gross wages paid for employers that are experiencing a drop in revenue (refer to the table below for more details)
  • The amount available to be claimed depends on the period, amount of revenue decline, and the amount of wages paid
  • For periods 1 – 13: The deadline to file has passed
  • For periods 14 – 17: Subsidy up to 75%, max of $847 per week per employee
  • For period 18:  Subsidy up to 60%, max of $677 per week per employee

 

  Claim period  Deadline Required drop in revenue Revenue comparison period for eligibility
Period 14 March 14 – April 10 Oct 7, 2021 >0% The greater of:

  • Feb 2021 over Feb 2020
  • Mar 2021 over Mar 2019
  • Feb or Mar 2021 over average of Jan & Feb 2020
Period 15 April 11 – May 8 Nov 4, 2021 >0% The greater of:

  • Mar 2021 over Mar 2019
  • Apr 2021 over Apr 2019
  • Mar or Apr 2021 over average of Jan & Feb 2020
Period 16 May 9 – June 5 Dec 2, 2021 >0% The greater of:

  • Apr 2021 over Apr 2019
  • May 2021 over May 2019
  • Apr or May 2021 over Average of Jan & Feb 2020
 Period 17 June 6 – July 3 Dec 30, 2021 >0% The greater of:

  • May 2021 over May 2019
  • Jun 2021 over Jun 2019
  • May or Jun 2021 over average of Jan & Feb 2020
Period 18 July 4 – July 31 Jan 27, 2022 >10% The greater of:

  • Jun 2021 over Jun 2019
  • Jul 2021 over Jul 2019
  • Jun or Jul 2021 over average of Jan & Feb 2020
Period 19 August 1 – 28 Feb 24, 2022 >10% The greater of:

  • Jul 2021 over Jul 2019
  • Aug 2021 over Aug 2019
  • Jul or Aug 2021 over average of Jan & Feb 2020
Period 20 August 29 – September 25 Mar 22, 2022 >10% The greater of:

  • Aug 2021 over Aug 2019
  • Sep 2021 over Sep 2019
  • Aug or Sep 2021 over average of Jan & Feb 2020For periods 19 – 20: Subsidy up to 40%, max of $451 per week per employee
Canada Recovery Hiring Program (CRHP)
  • The amount available to be claimed is based on the increase in the amount of wage paid for the claim period compared to period 14
  • Revenue decline of more than 0% for period 17, or more than 10% for periods 18 to 22 in order to qualify for the CRHP
  • For periods 17 – 20: Can claim either CEWS or CRHP, whichever is higher
  • For periods 21 – 22: Can claim CRHP ONLY
  • Same filing deadlines as CEWS (above)
Canada Emergency Rent Subsidy (CERS)
  • Subsidy for eligible property expenses for businesses that are experiencing a drop in revenue (refer to the table below for more details)
  • Subsidizes the following eligible expenses for properties that you own or rent, and use in the course of your ordinary business activities:
    • Monthly rent
    • Property tax
    • Property insurance
    • Mortgage interest
  • The amount available to be claimed depends on the period, amount of revenue decline, and the amount of eligible expenses
  • For periods 1 – 6: The deadline to file has passed
  • For periods 7 – 10:  Subsidy up to 65%
  • For period 11:  Subsidy up to 60%
  • For periods 12 – 13:  Subsidy up to 40%
  • For period 14: Subsidy up to 20%
  Claim period  Deadline Required drop in revenue Revenue comparison period for eligibility
Period 7 March 14 – April 10 Oct 7, 2021 >0% The greater of:

  • Feb 2021 over Feb 2020
  • Mar 2021 over Mar 2019
  • Feb or Mar 2021 over average of Jan & Feb 2020
Period 8 April 11 – May 8 Nov 4, 2021 >0% The greater of:

  • Mar 2021 over Mar 2019
  • Apr 2021 over Apr 2019
  • Mar or Apr 2021 over average of Jan & Feb 2020
Period 9 May 9 – June 5 Dec 2, 2021 >0% The greater of:

  • Apr 2021 over Apr 2019
  • May 2021 over May 2019
  • Apr or May 2021 over average of Jan & Feb 2020
 Period 10 June 6 – July 3 Dec 30, 2021 >0% The greater of:

  • May 2021 over May 2019
  • Jun 2021 over Jun 2019
  • May or Jun 2021 over average of Jan & Feb 2020
Period 11 July 4 – July 31 Jan 27, 2022 >10% The greater of:

  • Jun 2021 over Jun 2019
  • Jul 2021 over Jul 2019
  • Jun or Jul 2021 over average of Jan & Feb 2020
 Period 12 August 1 – 28 Feb 24, 2022 >10% The greater of:

  • Jul 2021 over Jul 2019
  • Aug 2021 over Aug 2019
  • Jul or Aug 2021 over average of Jan & Feb 2020
 Period 13 August 29 – September 25 Mar 22, 2022 >10% The greater of:

  • Aug 2021 over Aug 2019
  • Sep 2021 over Sep 2019
  • Aug or Sep 2021 over average of Jan & Feb 2020
Period 14 September 26 – October 23 Apr 21, 2022 >10% The greater of:

  • Aug 2021 over Aug 2019
  • Sep 2021 over Sep 2019
  • Aug or Sep 2021 over average of Jan & Feb 2020
Period 15 October 24 – November 20 May 19, 2022 >10% The greater of:

  • Aug 2021 over Aug 2019
  • Sep 2021 over Sep 2019
  • Aug or Sep 2021 over average of Jan & Feb 2020

Temporary Wage Subsidy for Employers

  • A reduction of up to 10% of regular payroll remittances for eligible employers between March 18th and June 19th
  • Employers withheld payroll remittances from employees like normal, but could then reduce their remittance to CRA by 10% of remuneration paid up to:
    • $1,375 for each Canadian employee over the three-month period
    • $25,000 for total per employer over the three-month period
  • All TWS claimants must file form PD27 in order to have the 10% remittance added to the employer’s CRA payroll remittance (RP) account
  • For employers who did not claim TWS by reducing payroll remittances between March 18th and June 19th, it can now be claimed retroactively using form PD27.
  • Eligible employers include sole proprietors, partnerships, NPO’s, charities and CCPC’s with an existing payroll account
  • Employers can be eligible for both the Temporary Wage Subsidy and the Canadian Emergency Wage Subsidy, but subsidy payments will be reduced dollar for dollar

Canadian Emergency Response Benefit (CERB)

  • CERB is now available for those who have earned $1,000 (before taxes) or less during a 4-week period, beginning March 15, 2020.
  • Qualified applicants receive a $2,000 taxable benefit for each 4-week period.
  • CERB benefits can be claimed for up to 24 weeks between March 15 and October 3.
  • The deadline for making retroactive CERB claims is December 2nd, 2020
  • To be eligible you must:
    • Be a Canadian resident,
    • Be at least 15 years old,
    • Have earned income of at least $5,000 in 2019, or in the 12 months prior to the date of application (self-employed individuals need $5,000 of revenue)
  • Apply by:
  • We suggest setting up direct deposits to ensure you receive your money as soon as possible. Most banks allow you to set this up using online banking.
  • You will need to apply and confirm your eligibility for CERB every 4 weeks, as your situation continues.

The CERB Questions and Answers page is an excellent resource for more detailed information

Employment Insurance

  • A Record of Employment (ROE) should be filed for each employee who is laid off or takes unpaid sick leave as a result of Covid-19
  • ROE’s can be filed online. Employers are encouraged to sign up for ROE Web immediately, as it can take 7 – 10 days to verify your account
  • Paper copies of ROE’s can also be requested but may take longer to arrive by post
  • Filling out the ROE – Applicable codes for ‘Reason for Issuing this ROE’:
    • A: Shortage of work (if you have had to shut your doors or reduce staff)
    • D: Illness or injury (if employee is isolating because of symptoms of Covid-19 or recent travel to a foreign country)

CERB and EI

  • Canadians who have lost their job due to Covid-19 should continue to apply for EI
  • Those who applied for EI after March 14, 2020 will have their claim processed through CERB automatically
  • EI applicants transferred into the CERB program will receive $500 per week, regardless of how much they would have otherwise received through EI
  • This “bump” up or down to the CERB benefit rate will happen automatically

Canada Emergency Business Account (CEBA)

  • A loan to qualifying businesses of up to $60,000 available through most financial institutions, backed by the Federal Government, with the following unique terms:
    • 0% interest in year 1
    • If $40,000 was borrowed, then the final $10,000 of principal will be forgiven IF a minimum of $30,000 has been repaid by December 31, 2022
    • If $60,000 was borrowed, then the final $20,000 of principal will be forgiven IF a minimum of $40,000 has been repaid by December 31, 2022
  • To qualify for this loan, businesses must either:
    • Be operating in Canada with an existing payroll account, and have 2019 gross payroll between $20,000 and $1,500,000

or

  • Have a business bank account with a participating financial institution,
  • Have a CRA business account number,
  • Have filed a 2018 or 2019 tax return, and
  • Have eligible non-deferable expenses between $40,000 and $1,500,000.

We encourage all who think they might qualify to contact their bankers for further details

Canada Emergency Commercial Rent Assistance (CECRA) for Small Businesses

  • A subsidy applied for by property owners who have agreed to reduce the rent of eligible tenants by a minimum of 75% for April through June, 2020
  • Property owners can apply online to have up to 50% of this covered through the CMHC
  • Eligible tenants are those who:
    • Run a small business with no more than $20 million in annual gross revenues,
    • Have experienced a reduction in gross revenues of at least 70%, and
    • Use the rented area for retail, industrial, or office space
  • For those who qualified for the April – June months, you now have the option to extend the assistance through July and August

Support for Students and Recent Graduates Impacted by Covid-19

Canada Emergency Student Benefit (CESB)

For students and new graduates who are not otherwise eligible for CERB or EI, and have not been able to earn over $1000 per month due to Covid-19.  Details include:

  • $1,250 per month for eligible students, or
  • $2,000 per month for eligible students with disabilities or dependents
  • Covers May to August 2020 (final applications must be submitted by September 30th)
  • Eligible students include those:
    • Who were enrolled in an eligible post-secondary program,
    • had completed a program in December 2019 or later, or
    • have applied for a program that starts before February 1, 2021
  • Those who qualify will need to show they have actively looked for work through each claim period.

BC Financial Support in Response to Covid-19

B.C Emergency Benefit for Workers
  • A one-time, tax-free, $1,000 payment for B.C residents who have lost income due to Covid-19
  • To be eligible you must:
    • Have been a resident of BC on March 15, 2020
    • Have been approved for CERB
    • Be at least 15 years old
    • Have not been receiving provincial income assistance or disability
  • To apply you will need your social insurance number and direct deposit information
  • Apply online or by telephone at 1-855-955-3545 (outside of BC: 1-778-309-4630)
BC Rent Supplement
  • Between $300 and $500 per month for low-to-moderate income renters for rent paid from April through August, 2020
  • Tenants can apply online through org
  • The application deadline is August 31, 2020
  • Benefit is paid directly to landlords to supplement the tenants monthly rent
  • To be eligible you must:
    • Have a 2019 grosshousehold income of less than:
      • $74,150 for singles and couples without dependents
      • $113,040 for households with dependents
    • As a result of COVID-19:
      • Be receiving or eligible for Employment Insurance; or
      • Be receiving or eligible for the Canada Emergency Response Benefit offered by the federal government; or
      • Have experienced, and be able to provide evidence of, a drop of 25% or more in monthly household employment income
    • Be paying more than 30% of current household income towards rent
Covid-19 Updates: Provincial Tax and Revenue

B.C has extended filing and payment deadlines for the following taxes until Sept 30, 2020

  • Employment Health Tax
  • PST
  • Carbon Tax
  • Motor fuel tax
  • Tobacco Tax

These emergency relief programs are being updated regularly.  Be sure to check BC’s What’s New page for the latest information.

BC Hydro Covid-19 Relief Fund

This program has now closed, and applications are no longer being accepted.  BC Hydro had been offering a credit of up to 3x an individual’s average monthly electricity bill to customers impacted by Covid-19.