OTTAWA — The Canada Revenue Agency (CRA) will open the application process for the Canada Emergency Wage Subsidy (CEWS) on April 27, with funds for approved applications to be released starting May 5.
A CEWS calculator to support employers as they prepare to apply for the subsidy. The calculator is available on the CRA’s Canada Emergency Wage Subsidy Web page, which includes detailed information and instructions about who can apply for the subsidy, how eligibility is assessed, and how the subsidy is calculated.
“The Canada Revenue Agency has a proven track record of delivering benefits to millions of Canadians every year. Following on the successful delivery of Canada Emergency Response Benefit payments to millions of Canadians, I am confident in the CRA’s ability to administer this critical fiscal measure that will provide urgently needed support for Canadian employers and workers,” says Diane Lebouthillier, Minister of National Revenue. “Launching the CEWS calculator is an important first step to ensuring employers are equipped to apply for the subsidy.”
The calculator also includes a printable statement feature that employers can use to view their claim at a glance and, as of April 27, enter required information into the CEWS application form quickly and easily.
The CEWS calculator is designed to equip employers with important information they can use now to make more informed decisions about retaining and re-hiring workers. A series of information sessions will be held in the coming days to provide a forum for eligible employers.
The CRA also encourages employers to sign up for My Business Account or Represent a Client, as employers will be able to apply through these portals. CEWS claims will be subject to verification by the CRA.