Taking stock: Quick reference guide for government initiatives
*Flowchart below last updated June 2, 2020 (Originally published April 14, 2020)
With the passing of Bill C-14, the COVID-19 Emergency Response Act, No. 2 on April 11, 2020, the federal government has now laid a legislative foundation for various initiatives to assist employers and employees who are affected by COVID-19. The main measures include:
- The new Canada Emergency Response Benefit (“CERB”)
- The new Canada Emergency Wage Subsidy (“CEWS”), a 75% wage subsidy for eligible employers for the 12-week period beginning March 15, 2020
- The new 10% Temporary Wage Subsidy for employers
- Enhanced access to Employment Insurance (“EI”) benefits, including streamlining applications to the EI work-sharing program
Details on emergency response measures have shifted over the past few weeks, as they have evolved in response to our ever-changing situation. We expect this evolution will continue in many respects; notably, we are still awaiting regulations to further clarify some details related to CERB and CEWS.
However, given that the legislation now appears to be place, it seems an opportune moment for a fresh look at the current landscape of options. Recognizing it is a busy time, it is our pleasure to provide a dynamic summary of the mutual interactions between CERB, CEWS, EI and the 10% wage subsidy. We trust this will serve as a helpful reference point when seeking employment and tax advice to find the best options in the circumstances.
*Link to printable PDF version here.
This article is provided for general information only. If you have any questions about the above, please contact a member of our Labour and Employment group.
Click here to subscribe to Stewart McKelvey Thought Leadership articles and updates.
Archive
By: David F. Slipp and Levi Parsche In May 2022, Bill 96 was adopted by Quebec’s National Assembly, significantly amending the Charter of the French Language (the “Charter“). The amendments create new requirements for using…
Read MoreBy Dave Randell, G. John Samms, and Stuart Wallace With the deadline for bids on crown lands available for wind energy projects extended to noon on March 23rd, the latest development in our Winds of…
Read MoreBy Kevin Landry and Colton Smith The Retail Payment Activities Regulations have been released in the Canada Gazette Part 1 for comment. Interested persons may make representations concerning the proposed regulations for a period of 45…
Read MoreBy Andrew Burke, Colleen Keyes, Gavin Stuttard and David Slipp With proxy season once again approaching, many public companies are in the midst of preparing their annual disclosure documents and shareholder materials for their annual…
Read MoreBy Brittany Trafford and Sean Corscadden In response to the nationwide labour shortage, the Federal government is allowing select family members of foreign workers to apply for open work permits. This temporary policy came into…
Read MoreMark Tector and Ben Currie Effective January 1, 2023, amendments to Ontario’s Employment Standards Act, 2000 (“ESA”) took effect, excluding “business consultants” and “information technology consultants” from the application of the ESA. This is a…
Read MoreBy Perlene Morrison, K.C. and Curtis Doyle Once again, the time has come to review the year that was and to chart the course for the year ahead. For municipalities and planning professionals in Prince…
Read MoreBy Grant Machum ICD.D, Sean Kelly & Ben Currie As the window for “Happy New Year” wishes winds down, our Labour and Employment Group has compiled an overview of emerging trends and issues in workplace…
Read MoreWednesday’s Thought Leadership piece from our Immigration Group detailed the impacts of recent Federal legislation limiting housing purchases by non-Canadians on Foreign Nationals, international students and temporary and permanent residents. Today, lawyers from our Real…
Read MoreBy Brendan Sheridan Residential housing prices in Canada have been a major area of concern for many Canadians who have been looking to purchase a home in recent years. While the market for residential homes…
Read More