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Do you really want to apply for CEWS?

on Wed, 04/22/2020 - 13:44

So, the application for CEWS (The Canada Emergency Wage Subsidy) will be opened on Monday, the question is do you really want to apply? Rather, maybe the question is: is it worthwhile for you to apply?

The reason why I am asking that is because we can see that the situation is not changing any time soon... If your income is not sustainable to start with, to carry forward with your business, what does the wage subsidy do for you? How can the program help you as a business?

The level of impact is something a lot of us have never witnessed; even by the most optimistic forecasts, the start of

Canada Emergency Wage Subsidy (CEWS) application opens April 27

on Tue, 04/21/2020 - 17:58

Please also read my other blog post - Do you really want to apply for CEWS?

The Canada Emergency Wage Subsidy (CEWS) program will be rolled out on April 27. The Government of Canada's online calculator allows businesses to preview their claim ahead of time. 

Application will be through your My Business Account on the CRA web site. You are encourged to register your payroll account for direct deposit to get your payment faster. Applicants will be asked to provide number of eligible employees and gross payroll for subsidizing amount.

The program is intended to prevent future job loss and