Press Release April 1, 2020 – Ottawa, Ontario – Department of Finance Canada
The Government of Canada is taking immediate, significant and decisive action to support Canadians and businesses facing hardship as a result of the global COVID-19 outbreak.
To help Canadians and businesses get through these tough economic times, the Prime Minister, Justin Trudeau, announced that the Government is proposing to introduce a wage subsidy of 75 per cent for qualifying businesses, for up to 3 months, retroactive to March 15, 2020.
The Canada Emergency Wage Subsidy – Canada.ca (Press Release)
Government Announces Details of the Canada Emergency Wage Subsidy to Help Businesses Keep Canadians in their jobs – Canada.ca (Backgrounder)
(Deloitte) COVID-19 – Deloitte_Canadian Tax Alert
A Message from The Canadian Chamber of Commerce: Emergency Wage Subsidy concept only as good as execution, 6 weeks to long