Canada Emergency Wage Subsidy (CEWS) | January 31, 2021 or 180 days after the end of the claim period, whichever is later | Up to 75% of wages to a maximum of $847 per week. Maximum subsidy rate varies per period | Employers who have experienced a revenue decline. Minimum decline varies per period | Extended to Sep 2021. Calculations vary period to period |
Canada Emergency Rent Support (CERS) | 180 days after the end of each claim period | Up to 65% of rent or property expenses plus a possible 25% top-up for lockdown support | Companies who have experienced a revenue decline | Top-up only for businesses forced to close due to a public health order |
Canada Emergency Business Account (CEBA) | June 30, 2021 | $60,000 loan, 33.33% of which may be forgivable | A business in operation as of March 1, 2020 exceeding thresholds for payroll or non-deferrable expenses | Non-forgivable portion must be repaid by December 31, 2022 for forgiveness |
Highly Affected Sectors Credit Availability Program (HASCAP) | June 30, 2021 | Low interest loans from $25,000 – $1,000,000 | Small and medium sized businesses with a 50% revenue decrease in at least 3 of the 8 months prior to application | Loans are guaranteed to the financial institution by BDC. 4% interest rate. |
Canada Recovery Hiring Program (CRHP) | 180 days after the end of each claim period | Up to 50% of the incremental remuneration paid to eligible employees | If eligible for CEWS, generally eligible for CRHP | Cannot claim CRHP and CEWS for the same period |
Temporary Wage Subsidy (TWS) | Received by reducing payroll remittances which can be done in 2021 | 10% of wages to a maximum of $25,000 per employer | Employers with a CRA payroll program account as of March 18, 2020 | The TWS should be reported on Form PD27 |
Canada Emergency Commercial Rent Assistance (CECRA) | Program has ended | 75% of rent paid by companies | 70% revenue decline April-June 2020 | Landlord must apply |
Tourism and Hospitality Recovery Program (THRP) | 180 days after the end of each claim period | Up to 75% of wages and rent | For businesses in the tourism and hospitality industry with at least 40% revenue reduction | Additional Lockdown support available |
Hardest Hit Business Recovery Program (HHBRP) | 180 days after the end of each claim period | Up to 50% of wages and rent | For all businesses that have a minimum 50% revenue reduction | Additional Lockdown support available |