Recently the federal government announced it was extending the Canada Emergency Wage Subsidy (CEWS) until December 19, 2020. The extension is great news for franchised businesses but it also is significantly more complicated. The extended CEWS:
• Expands the program to more employers by eliminating the 30% business decline in qualifying threshold
• Changes the maximum wage subsidy that some businesses were receiving
• Enhances the wage subsidy for employers with more than a 50% business decline
Join experts from BDO Canada to learn about the recent changes to the Canada Emergency Wage Subsidy and understand how they will affect your business as you recover.