COVID-19 Federal Support Quick Reference Guide

This guide provides a very simple overview of each COVID-19 Federal Support Program, with an emphasis on application deadlines. All programs are much more complex than noted below and we encourage you to view our complete list of resources and contact your Bateman MacKay Business Advisor for an in-depth look at each program and if your company may be eligible to receive support.

ProgramApplication DeadlineAmountEligibilityNotes
Canada Emergency Wage Subsidy (CEWS)January 31, 2021 or 180 days after the end of the claim period, whichever is laterUp to 75% of wages to a maximum of $847 per week. Maximum subsidy rate varies per periodEmployers who have experienced a revenue decline. Minimum decline varies per periodExtended to Sep 2021. Calculations vary period to period
Canada Emergency Rent Support (CERS)180 days after the end of each claim periodUp to 65% of rent or property expenses plus a possible 25% top-up for lockdown supportCompanies who have experienced a revenue declineTop-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 forgivableA business in operation as of March 1, 2020 exceeding thresholds for payroll or non-deferrable expensesNon-forgivable portion must be repaid by December 31, 2022 for forgiveness
Highly Affected Sectors Credit Availability Program (HASCAP)June 30, 2021Low interest loans from $25,000 - $1,000,000Small and medium sized businesses with a 50% revenue decrease in at least 3 of the 8 months prior to applicationLoans are guaranteed to the financial institution by BDC. 4% interest rate.
Canada Recovery Hiring Program (CRHP)180 days after the end of each claim periodUp to 50% of the incremental
remuneration paid to eligible employees
If eligible for CEWS, generally eligible for CRHPCannot claim CRHP and CEWS for the same period
Temporary Wage Subsidy (TWS)Received by reducing payroll remittances which can be done in 202110% of wages to a maximum of $25,000 per employerEmployers with a CRA payroll program account as of March 18, 2020The TWS should be reported on Form PD27
Canada Emergency Commercial Rent Assistance (CECRA)Program has ended75% of rent paid by companies70% revenue decline April-June 2020Landlord must apply

 

Program Periods

Period #12345
ProgramCEWSCEWSCEWSCEWSCEWS
Claim PeriodMarch 15 - April 11April 12 - May 9May 10 - June 6June 7 - July 4July 5 - August 1
Application DeadlineJanuary 31, 2021January 31, 2021January 31, 2021January 31, 2021January 31, 2021
Period #678910
ProgramCEWSCEWSCEWS, CERSCEWS, CERSCEWS, CERS
Claim PeriodAugust 2 - August 29August 30 - September 26September 27 - October 24October 25 - November 21November 22 - December 19
Application DeadlineFebruary 25, 2021March 25, 2021April 22, 2021May 20, 2021June 17, 2021
Period #1112131415
ProgramCEWS, CERSCEWS, CERSCEWS, CERSCEWS, CERSCEWS, CERS
Claim PeriodDecember 20 - January 16January 17 - February 13February 14 - March 13March 14 - April 10April 11 - May 8
Application DeadlineJuly 15, 2021August 12, 2021September 9, 2021October 7, 2021November 4, 2021
Period #1617181920
ProgramCEWS, CERSCEWS, CERS, CRHP*CEWS, CERS, CRHPCEWS, CERS, CRHPCEWS, CERS, CRHP
Claim PeriodMay 9 - June 5June 6 - July 3July 4 - July 31Aug 1 - Aug 28Aug 29 - Sep 25
Application DeadlineDecember 2, 2021December 30, 2021January 27, 2022February 24, 2022March 24, 2022
*The final Period where CEWS and CERS will remain at their current rates. After this period, businesses need a minimum 10% revenue decline to receive CEWS and CERS. This is also the first Period where the CRHP is available.

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