Federal Government Announces Wage and Rent Subsidy Amounts to Remain Unchanged Through to June. Read more here.
The federal government is extending the Canada Emergency Wage Subsidy (CEWS) and Canada Emergency Rent Subsidy (CERS) from March 14 to June 5 at current levels of support. The CEWS will continue up to 75 percent of payroll costs for business where as the CERS will continue to cover up to 65 percent of rental costs for eligible businesses. Lockdown Support would remain at 25 percent and continue to be provided in addition to the rent subsidy, providing eligible hard hit businesses with rent support of up to 90 percent.