The Balancing Muskoka Blog

CEWS Update & Information

Canada Emergency Wage Subsidy (CEWS)

Portals will open on Monday April 27th
- Use "My Business Account"
- Through us with "Represent A Client"
- Seperate online application opening April 27th, 2020

To claim the 75% wage subsidy you must have:

- March 2020 down 15% in revenues based on year over year or average Jan & Feb 2020
Payroll dates March 15 to April 11, 2020

- April 2020 down 30% in revenue based on year over year or average Jan & Feb 2020
Payroll dates April 12 to May 9, 2020

- May 2020 down 30% in revenues based on year over year or average Jan & Feb 2020
Payroll dates May 10 to June 6, 2020

CRA has created an online help section as well as an Excel spreadsheet to help calculate the amount of subsidy.

You must still remit your payroll deductions each month and apply for the months you qualify. After applying the refund is by direct deposit into your account.

Read the full information from Canada.ca here