Canadian Tax Alert March 30: COVID-19 – Update on fiscal measures
Published on:
Mar 30, 2020
Attached is our most recent Canadian Tax Alert which provides updates to the previously announced wage subsidy, renamed the Canada Emergency Wage Subsidy (CEWS). The 10% wage subsidy measure previously announced on March 18, 2020, and then enhanced to 75% on March 27, 2020, has been clarified today and its scope has been expanded. The government announced that the Minister of Finance will provide more details on this tomorrow.