Canada Emergency Rent Subsidy (CERS)
Canadian businesses, non-profit organizations, or charities who have seen a drop in revenue due to the COVID-19 pandemic may be eligible for a subsidy to cover part of their commercial rent or property expenses, starting on September 27, 2020, until June 2021.
This subsidy will provide payments directly to qualifying renters and property owners, without requiring the participation of landlords.
If you are eligible for the base subsidy, you may also be eligible for lockdown support if your business location is significantly affected by a public health order for a week or more.
Canada Emergency Wage Subsidy (CEWS)
The CEWS has been extended to June 2021, including changes to the rates and top-up calculation.
Changes to CEWS as of November 19, 2020 (Bill C-9):
• the subsidy is extended to June 2021
• the maximum subsidy rate for periods 8 to 10 will remain at 65% (40% base rate + 25% top-up)
• beginning in period 8, the top-up rate and base rate are is now calculated using the same one-month revenue drop
• for periods 8 to 10, use the new top-up calculation or the previous 3-month average drop, whichever works in your favour
• the deadline to apply is January 31, 2021, or 180 days after the end of the claim period, whichever comes later
• starting in period 9, the calculation for employees on leave with pay now aligns better with EI benefits
• you can now calculate pre-crisis pay (baseline remuneration) for employees who were on certain kinds of leave, retroactive to period 5
• the Canada Emergency Rent Subsidy (CERS) has been introduced for businesses, non-profits, and charities