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Changes to the CEWS

The federal government has passed Bill C-20, An Act respecting further COVID-19 measures, which makes changes to the  Canada Emergency Wage Subsidy (CEWS) program. For those so inclined, here is the full text of the Bill

New Criteria for Eligibility

Starting with period 5 (which began on July 5), employers will no longer have to show a decline in revenue of 30%. Most employers (as long as they meet the definition of eligible employer) will be eligible for the CEWS and will not need to show a revenue reduction of 30%, as was previously required.  

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