The Canada Emergency Wage Subsidy, the Canada Emergency Rent Subsidy and Lockdown Support have protected millions of Canadian jobs, helping workers and businesses of every size, across Canada, through the COVID-19 pandemic.
Today, the Department of Finance released draft legislative proposals that would implement technical amendments to ensure these programs better support the businesses and workers who are facing challenges as a result of the pandemic.
The draft legislative proposals released today would:
Provide applicants with more flexibility in determining the revenue decline for the wage and rent subsidies for the qualifying period from December 20, 2020 to January 16, 2021.
Ensure that Lockdown Support is available to an eligible property owner whose tenant is not arm’s length but has a qualifying business at the property that is subject to a lockdown and must shut their doors or significantly restrict their activities under a public health order.
The Canada Revenue Agency will administer the subsidies on the basis of these draft legislative proposals.
