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Canada Emergency Wage Subsidy (CEWS) extended till December

This is the third extension of financial relief for businesses and their employees, and eligibility requirements have changed.

UPDATED July 17: Bill Morneau has announced that the extended Canada Emergency Wage Subsidy (CEWS) will now be available to all businesses that show any reduction in revenue due to the COVID-19 pandemic.

On July 13, Prime Minister Justin Trudeau announced the extension of the CEWS through Dec. 19, 2020. This is the third time the CEWS has been extended since the start of the COVID-19 pandemic. Businesses that are eligible for the CEWS — and eligibility is expected to be made easier, according to the CBC — can receive 75 per cent of employee wages, retroactive from March 15.

Read more about the Canada Emergency Wage Subsidy here.

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