CEWS, CERS to continue at current subsidy rates
Good news: the rates for the federal wage and rent subsidies will remain at their current levels until June 5.
- The maximum wage subsidy (CEWS) rate will remain at 75%.
- The maximum rent subsidy (CERS) rate will remain at 65%, with its lockdown support rate remaining at 25%.
- You can use your 2019 numbers as a comparison for calculating your 2021 revenue drop as of March 14 and going forward.
To find out more about the changes, check our info pages on CEWS and CERS.
Don’t miss out on the improved rent subsidy!
There were huge problems with the old rent assistance (CECRA), but the new program has fixed a number of them. Even if you weren’t eligible before, you might be now! CERS works on a sliding scale, so you could be eligible even with a small reduction in revenue – and your landlord doesn’t need to opt in.You can still apply for the subsidy going back to September 27 (period 1). Get your application in now before the first deadline at the end of April!
Find out more about the rent subsidy