| | | July 23, 2020 | Canada Emergency Wage Subsidy (CEWS 2.0)
John F. Oakey, CPA, CA, TEP, is national director of Tax Services at Baker Tilly Canada | On July 17, 2020, the federal government announced significant changes to the Canada Emergency Wage Subsidy (CEWS), which we will refer to as CEWS 2.0. Prior to July 17, the government consulted stakeholders seeking input for modifications needed to the program as the government’s response to the COVID-19 pandemic continues to evolve.
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Baker Tilly Canada periodically publishes Tax Flash for its clients and associates. It is designed to highlight and summarize the continually changing tax and business scene across Canada. While Tax Flash may suggest general planning ideas, we recommend professional advice always be sought before taking specific planning steps. |
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