The 2021 Federal Budget proposes the new CRHP to the incremental remuneration paid to eligible employees between June 6, 2021 and November 20, 2021.
Employers eligible for CEWS would generally be eligible for CRHP. However, a for-profit corporation would be eligible for the hiring subsidy only if it is a Canadian-controlled private corporation (CCPC). Eligible employers (or their payroll service provider) must have had a CRA payroll account open March 15, 2020.
CRHP Rates, Periods 17* to 22
| Period 17 | Period 18 | Period 19 | Period 20 | Period 21 | Period 22 | |
|---|---|---|---|---|---|---|
| Date Range | Jun. 6 – Jul. 3 | Jul. 4 – Jul. 31 | Aug. 1 – Aug. 28 | Aug. 29 – Sep. 25 | Sep. 26 – Oct. 23 | Oct. 24 – Nov. 20 |
| Hiring Subsidy Rate | 50% | 50% | 50% | 40% | 30% | 20% |
Reference Periods
To qualify, the eligible employer would have to have experienced a decline in revenues. For the qualifying periods between June 6, 2021 and July 3, 2021, the decline would have to be greater than 0%. For later periods, the decline must be greater than 10%.
The reference periods for determining the revenue decline are as follows:
| Period 17* Jun. 6 – Jul. 3 | Period 18 Jul. 4 – Jul. 31 | Period 19 Aug. 1 – Aug. 28 | Period 20 Aug. 29 – Sep. 25 | Period 21 Sep. 26 – Oct. 23 | Period 22 Oct. 24 – Nov. 20 | |
|---|---|---|---|---|---|---|
| General Approach | Jun. 2021 over Jun. 2019 or May 2021 over May 2019 | Jul. 2021 over Jul. 2019 or Jun. 2021 over Jun. 2019 | Aug. 2021 over Aug. 2019 or Jul. 2021 over Jul. 2019 | Sep. 2021 over Sep. 2019 or Aug. 2021 over Aug. 2019 | Oct. 2021 over Oct. 2019 or Sep. 2021 over Sep. 2019 | Nov. 2021 over Nov. 2019 or Oct. 2021 over Oct. 2019 |
| Alternative Approach | Jun. 2021 or May 2021 over average of Jan. and Feb. 2020 | Jul. 2021 or Jun. 2021 over average of Jan. and Feb. 2020 | Aug. 2021 or Jul. 2021 over average of Jan. and Feb. 2020 | Sep. 2021 or Aug. 2021 over average of Jan. and Feb. 2020 | Oct. 2021 or Sep. 2021 over average of Jan. and Feb. 2020 | Nov. 2021 or Oct. 2021 over average of Jan. and Feb. 2020 |
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