Daily COVID-19 Update - April 14, 2020
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The following is the latest information available relating to COVID-19 on April 14, 2020.
Ontario State of Emergency Extended
The state of emergency in Ontario has been extended for an additional 28 days, until May 12, 2020. This would extend the closure of non-essential businesses, and the other restrictions currently in place. Schools will not be reopening as planned on May 4, 2020, and the Ontario Minister of Education is expected to make further updates pertaining to public schools in the coming days.
Canada Emergency Wage Subsidy Update
The Canada Emergency Wage Subsidy (CEWS) has been passed by Parliament and received Royal Assent over the weekend, with some changes that are intended to open it up to most employers.
This 75 percent wage subsidy will be available on the first $58,700 of an employee’s salary. This means up to $874 per week per employee.
The government will also refund employer contributions to the Canada Pension Plan and Employment Insurance for those businesses that qualify for the CEWS. Applications for the CEWS will be available on the CRA’s My Business Account online portal in the coming weeks. You can view more information about the CEWS here
The Prime Minister also said to expect more announcements this week for help for students, essential workers, businesses’ commercial rent, individuals whose income has been significantly reduced and sectors that have been particularly hard hit.