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Ottawa unveils coronavirus wage subsidy calculator, but payments won’t flow until May

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globalnews.ca

The federal government unveiled a new online calculator Tuesday that businesses can use to figure out how much money they might get through the Canada Emergency Wage Subsidy (CEWS).

Prime Minister Justin Trudeau announced the new online tool Tuesday and confirmed what government officials had told the House of Commons finance committee last week: that applications for the CEWS will begin to be accepted on Monday.

Applications will be submitted on the website of the Canada Revenue Agency. All businesses — large or small, for-profit or non-profit — can apply to the program and, if successful, could have 75 per cent of the wages of their employees, up to a maximum of $847 a week per employee, paid by the federal government.

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