Posted on January 15th, 2021 in Domestic Tax, General Business

Deadlines for CEWS Applications

stopwatch with the word deadline on it

If you are eligible for the Canada Emergency Wage Subsidy (CEWS), please become familiar with the deadlines.  The CEWS application must be completed by the later of 180 days after the end of the reporting period (see charts below).

Claim period Eligible datesDeadline to apply
Period 1 March 15, 2020 – April 11, 2020January 31, 2021
Period 2 April 12, 2020 – May 9, 2020January 31, 2021
Period 3May 10, 2020 – June 6, 2020January 31, 2021
Period 4 June 7, 2020 – July 4, 2020January 31, 2021
Period 5July 5, 2020 – August 1, 2020January 31, 2021
Period 6 August 2, 2020 – August 29, 2020February 25, 2021
Period 7August 30, 2020 – September 26, 2020March 25, 2021
Period 8 September 27, 2020 – October 24, 2020April 22, 2021
Period 9October 25, 2020 – November 21, 2020May 20, 2021
Period 10 November 22, 2020 – December 19, 2020June 17, 2021
Period 11 December 20, 2020 – January 16, 2021July 15, 2021
Period 12 January 17, 2021 – February 13, 2021August 12, 2021
Period 13 February 14, 2021 – March 13, 2021 September 9, 2021
Period 14 March 14, 2021 – April 10, 2021October 7, 2021
Period 15April 11, 2021 – May 8, 2021November 4, 2021
Period 16May 9, 2021 – June 5, 2021December 2, 2021
Period 17-20See Below DatesTBD

Note: The CEWS can effect CERS

The CERS is based on the revenue decline computation of the CEWS program.  Therefore, whichever revenue decline method is used for CEWS, must also be used for all CERS periods. If an election is made for CEWS, and it binds all periods, then future CERS claims will be impacted.

NEW – The 2021 Federal Budget (released on April 19, 2021) proposed that CEWS will be extended to September 25, 2021, but will start phasing out after July 3, 2021. Only employers with more than a 10% decline in revenues will be eligible for the wage subsidy as of that date.

CEWS Base and Top-up Rates, Periods 17 to 20

 Period 17
Jun. 6 – Jul. 3
Period 18
Jul. 4 – Jul. 31
Period 19
Aug. 1 – Aug. 28
Period 20
Aug. 29 – Sep. 25
Maximum weekly benefit per employee*$847$677$452$226

Revenue Decline:

Period 17
Jun. 6 – Jul. 3
Period 18
Jul. 4 – Jul. 31
Period 19
Aug. 1 – Aug. 28
Period 20
Aug. 29 – Sep. 25
70% and over75%60%40%20%
50-69%40% + 1.75 x
(revenue decline – 50%)
35% + 1.25 x
(revenue decline – 50%)
25% + 0.75 x
(revenue decline – 50%)
10% + 0.5 x
(revenue decline – 50%)
>10-50%0.8 x
revenue decline
0.875 x
(revenue decline – 10%)
0.625 x
(revenue decline – 10%)
0.25 x
(revenue decline – 10%)
0-10%0.8 x revenue decline0%0%0%
* The maximum weekly benefit per employee is reached when eligible remuneration paid to the employee for the qualifying period is at least $1,129 per week.

CEWS Reference Periods, Periods 17 to 20

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
General approachJun. 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
Alternative approachJun. 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
The approach chosen in the prior periods must be maintained.

If you need any assistance with this or other government subsidies, please reach out to a member of the Government Relief Team.

 

More articles related to COVID-19: Business Resource Centre