News and Insights

Canada Emergency Wage Subsidy Calculator Released by the CRA

Tax Development Apr 22, 2020

The Canada Emergency Wage Subsidy (CEWS) was introduced to help businesses and their employees through the challenges created by the COVID-19 pandemic and received Royal Assent on April 11, 2020. The subsidy, equal to 75% of an eligible employer’s wages and salaries for a period of 12 weeks starting on March 15, 2020, was designed to help a broad group of private sector employers of all sizes and from various industries.

The Canada Revenue Agency (CRA) has now released a CEWS calculator to aid employers with their application for CEWS. This calculator will lead an employer through a process to determine if they are an eligible employer, their eligible employees, the subsidy amount they are entitled to, and how to apply for the subsidy. The CEWS calculator may be accessed on the CRA website at: Canada Emergency Wage Subsidy Calculator