PM Update - 75% CEWS commence April 27, 2020

  • 75% Canada Emergency Wage Subsidy

    • Registration will commence on April 27, 2020 and be first processed on May 4 in bulk.

    • Payments are targeted to begin on May 5.

    • 3,000 auditors have been assigned to manually review certain claims. They will review based on the size of the claims, or the size of employers. For example, 100% of claims made by large employers are expected to be reviewed. Most will be automatically processed. Reviews are intended to be completed in 72 hours.

    • 2,000 agents will be assigned to answer questions on the program.

    • A revised CEWS website and new calculator is available here.

    • CPA link: https://www.cpacanada.ca/en/members-area/profession-news/2020/march/cra-covid19-updates

Jane Zhao