On July 30, the Government of Canada announced an extension to the following benefits and supports for individuals and businesses:
- Extension of the eligibility period for the Canada Emergency Wage Subsidy, the Canada Emergency Rent Subsidy and Lockdown Support until October 23, 2021, and increase to the rate of support employers and organizations can receive during the period between August 29 and September 25, 2021.
- Extension of the Canada Recovery Benefit (CRB), the Canada Recovery Caregiving Benefit (CRCB), and the Canada Recovery Sickness Benefit (CRSB) until October 23, 2021.
- Increase to the maximum number of weeks available for the CRB, by an additional 4 weeks, to a total of 54 weeks, at a rate of $300 per week, and ensuring it is available to those who have exhausted their employment insurance (EI) benefits
In addition, the government is proposing to offer businesses greater flexibility when calculating the revenue decline used to determine eligibility for the wage and rent subsidy programs and the new Canada Recovery Hiring Program. The government is also releasing draft legislation that provides further clarity on previously announced changes to the wage subsidy for furloughed employees.
Read about the previously announced changes here. Read more about the extension and these proposed changes to COVID-19 business supports here
Read more about this announcement here.