Introducing Payworks’ COVID-19 Related Government Relief and Legislation Guide for Canadian Business
Apr 23, 2020Resources
Share this article
Since the earliest days of the COVID-19 pandemic, legislation has been at the centre of conversations with our clients, partners and colleagues. While these rapidly-developing policies and programs are serving as a lifeline to many Canadian businesses and their employees, they’re also complex and can be difficult to navigate.
It’s a privilege to serve our clients as a trusted resource. We’ve created new resources and are leveraging our existing platform to walk this road alongside them. And to continue guiding payroll pros, HR teams and business owners through this uncharted territory, we’ve developed our own COVID-19 Related Government Relief and Legislation Guide for Canadian Business.
This comprehensive guide breaks down the supports applicable to the widest range of Canadian employers and workers by eligibility, parameters and application details.
It also covers both federal and regional relief and legislation, as each province and territory is offering its own unique supports in addition to the policies enacted nationwide.
Some of the legislation covered includes:
- Federal wage subsidies, including the Canada Emergency Wade Subsidy (CEWS) and the Temporary 10% Wage Subsidy for Employers
- The loan guarantees, co-lending program and interest-free loans available under the Business Credit Availability Program (BCAP), including the Canadian Emergency Business Account (CEBA)
- Employment Insurance Sickness Benefits and Canada Emergency Response Benefits (CERB) (and how to determine to which one an individual should apply)
…and much more!
By signing up to receive our current version, you’ll also automatically receive each subsequent updated version directly to your inbox. Subscribe for your free copy today: http://info.payworks.ca/en-ca/covid19.
Updated July 28, 2020:
While the Temporary 10% Wage Subsidy for Employers subsidy period is now over, Canada Revenue Agency (CRA) rules allow reductions to future payroll remittances if an employer has not claimed the full amount. Please see the CRA's FAQs, Payworks’ COVID-19 Related Government Relief and Legislation Guide for Canadian Business or Payworks’ Legislation FAQs (accessible via the home screen) for more information, or contact your Client Service Representative.