CEWS Archives - Shajani CPA - Chartered Professional Accountants & Advisors

COVID-19 Federal Benefits and Supports – Canada Emergency Wage Subsidy Update

November 19, 2020
Nizam Shajani, LL.M, CPA, CA, TEP, MBA Tax & Assurance Partner

November 19, 2020 By Nizam Shajani, CPA, CA, MBA This subsidy is available to Canadian businesses, big or small, individuals, partnerships and corporations that are not publicly funded. This will also be available for not for profit organizations and charities. Those organizations that do not qualify for the Canada Emergency Wage Subsidy may continue to…

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Temporary Wage Subsidy for Employers – Updated from March 21st

November 17, 2020
Nizam Shajani, LL.M, CPA, CA, TEP, MBA Tax & Assurance Partner

March 21, 2020 By Nizam Shajani, CPA, CA, MBA On March 18th the federal government announced temporary wage subsidies for employers. The temporary wage subsidy for employers is a three-month measure that will allow eligible employers to reduce the amount of payroll deductions required to be remitted to the Canada Revenue Agency (CRA). Who qualifies?…

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CEWS 2.0

August 17, 2020
Nizam Shajani, LL.M, CPA, CA, TEP, MBA Tax & Assurance Partner

CEWS 2.0 by Eeva Harrop, CPA, CA, MSc, TEP and Nizam Shajani, CPA, CA, MBA Goal of CEWS is to provide a wage subsidy to employers so they keep employees on the payroll CEWS 1.0 – Initially to provide a subsidy up to 75% of employee wages for up to 24 weeks (when specific criteria…

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COVID-19 Federal Benefits and Supports – CEWS Wage Subsidy Updates

August 7, 2020
Nizam Shajani, LL.M, CPA, CA, TEP, MBA Tax & Assurance Partner

By: Eeva Harrop, CPA, CA, MSc, TEP and Nizam Shajani, CPA, CA, MBA On July 17th the Department of Finance announced changes to the Canada Emergency Wage Subsidy (CEWS) program which many are calling CEWS 2.0. The good news is that the program is being extended until November 21, 2020 (and potentially until December 19,…