With applications for the Canada Emergency Wage Subsidy (CEWS) now being accepted, Regina business owners are hoping the funding will be enough to keep employees on staff.
Employers may be eligible for a subsidy of 75 per cent of employee wages for up to 12 weeks, with a maximum of $847 per employee per week.
The eligible timeframe is retroactive, beginning from March 15 and ending on June 6, 2020. Regina Chamber of Commerce CEO John Hopkins said he expects a significant number of Regina businesses to apply for the funding, but the exact number cannot yet be predicted.
He believes the funding is significant for local business owners who have been forced into a situation of economic uncertainty. “It’s been a very challenging time for