Canada Emergency Wage Subsidy Application and Canada sets flat unemployment rate, MP Chandra Arya

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Canada Emergency Wage Subsidy Application and Canada sets flat unemployment rate, MP Chandra Arya

Our government implemented the Canada Emergency Wage Subsidy at the start of the COVID-19 pandemic to help keep Canadians on their pay roll. In July, in order to protect even more Canadian jobs, we passed new legislation to make the subsidy better targeted and more accessible for more employers. This included extending the program until December 19, 2020, making the subsidy available to a broader range of employers, and introducing a top-up subsidy of up to an additional 25% for employers that have been hit hardest by the crisis. Since the launch of the CEWS, the CRA has delivered more than $26.5B in subsidies from over 800K applications.

Additionally, we launched an updated and improved Canada Emergency Wage Subsidy online calculator. This includes detailed information to help employers understand how the CEWS can support their employees and operations, who is eligible to apply, and how claim periods are structured. The program will help small and large employers alike prepare to apply for the next period of the CEWS program, which will open for applications on August 17, 2020. The CEWS calculator can be found on the CRA’s Canada Emergency Wage Subsidy web page.

As our national economy begins to safely restart, our government is unwavering in its commitment to ensure that Canadians have access to the support they need during these difficult times. Since launching the Canada Emergency Response Benefit (CERB), we have been able to support 8.5 million Canadians and their families who have had to stop working due to the pandemic.

In July, we announced that we will be moving as many Canadians as possible from the CERB onto Employment Insurance with no disruption of their benefits and no increase in employment insurance premiums. We will help more Canadians access EI regular benefits and provide eligible Canadians with access to a minimum 26 weeks of benefits.

We recognize that many Canadians still need to access income supports right now, or might need to later, as the economic impacts of COVID-19 continue to be felt across the country. This is the first in a series of steps, to be announced in the coming weeks, that will help eligible Canadians transition from emergency income measures back into the EI system and into the labour force as we work together to best position our country for a strong economic recovery.