On May 8, 2020, Prime Minister Trudeau announced that the Canada Emergency Wage Subsidy (“CEWS”) will be extended beyond June 6, 2020, when it is currently set to end. He explained that further details of the extension will be announced next week.
The Prime Minister stated that the purpose of extending CEWS is to ensure that employers are able to reemploy their employees as they get set to reopen their businesses.
We will provide you further updates on this matter as it becomes available.
If you have any questions about this article, please contact Sari Wiens, Ilan Burkes, Nicole Toye or Jessica Fairbairn.
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