| | | April 9, 2020 | Updates to the Canada Emergency Wage Subsidy (CEWS)
John F. Oakey, CPA, CA, TEP is national director of Tax Services at Baker Tilly Canada | | The Canada Emergency Wage Subsidy (CEWS) program has gone through another facelift and it hasn't even hit the House of Commons yet. The intent of this program is to provide financial support to businesses that were affected by COVID–19 in order to prevent further job losses, encourage employers to re‐hire workers previously laid off and help transition Canadian businesses back into a thriving economy post pandemic. |
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Baker Tilly Canada periodically publishes Tax Flash for its clients and associates. It is designed to highlight and summarize the continually changing tax and business scene across Canada. While Tax Flash may suggest general planning ideas, we recommend professional advice always be sought before taking specific planning steps. |
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