Was your business impacted by COVID-19? There are government subsidy programs in place to support your business throughout the pandemic. If you are unsure if you are eligible for any of the subsidy programs in place, we are here to help. Our team is happy to determine your eligibility and assist with your filings so you can get the most out of these programs. Read on to learn more about each subsidy program.

Canada Emergency Wage Subsidy (CEWS)

If you are a Canadian employer who has experienced a drop in revenue throughout the COVID-19 pandemic, you may be eligible for CEWS to cover a portion of your employee wages. The subsidy is intended to enable business owners to re-hire their laid-off workers, help prevent additional job losses due to the pandemic, and assist your business in getting back to business as usual.

If you are unsure if your business is eligible for CEWS, contact our team today. We can prepare the calculations and filings for any filing periods you’re eligible for. We’re here to help!

Canada Recovery Hiring Program (CRHP)

Much like CEWS, CRHP will support wages your business pays. The program is intended to allow business owners to hire new or laid-off employees or provide raises for existing employees. For each claim period, businesses can claim either CRHP or CEWS. Our team will calculate the claim amounts for both programs to determine which amount is higher, so your business can get the most out of the programs available.

Canada Emergency Rent Subsidy (CERS)

The CERS program is also intended for Canadian businesses, non-profit organizations, or charities affected by the pandemic. The subsidy provides eligible businesses and organizations with a subsidy to cover a portion of their commercial rent or property expenses. The subsidy provides rent payments directly to eligible renters and property owners, and the filing process does not require the involvement of landlords.

Our team can prepare and file your claims for each open filing period for CEWS, CRHP, and/or CERS. To learn more about what we can do for your business, contact us today. We’re all in this together. Our London, Ontario team is happy to play a part in your business’s recovery from the pandemic. Stay up-to-date on our latest accounting newsletters by following us on LinkedIn and Facebook. You can also follow us on Instagram and Twitter.