CRA Launches Calculator for Wage Subsidy Program
Canada Revenue Agency (CRA) has launched an online calculator to help employers estimate the amount of wage subsidy they can expect if they apply for the Canada Emergency Wage Subsidy (CEWS). This calculator will help you to determine some specific line amounts that you will need to enter into the CEWS application form once it becomes available on April 27.
The CEWS amount will be based on the number and type of eligible employees you have and the amount and type of pay they received before and during the crisis.
To use the calculator and learn more, click here.
For more information and resources related to real estate practice during the COVID-19 pandemic, visit the BCREA COVID-19 resources page.
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