Published: Tuesday, 27 July 2021 22:21
With the release of the 2021 Federal Budget on April 19, 2021, the government announced an additional means for employers to receive government assistance covering a portion of their employee wages. This program allows eligible employers to claim a subsidy of up to 50 per cent of incremental remuneration paid to eligible active employees between June 6, 2021, and November 20, 2021. With several provincial governments having significantly eased public health restrictions, many businesses are starting to reopen or gradually return to normal operating levels, and the CRHP subsidy could provide a significant benefit for those businesses that have re-hired, or otherwise began to increase their payroll over and above pandemic payroll levels. The following are some of the key details to know about this new important new subsidy.
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