COVID-19 – Canada’s Temporary Wage Subsidy (CTW)– FAQ

Temporary Wage Subsidy Summary The subsidy was effective March 18, 2020 and is equal to 10% of the employee wages to a maximum of $1,375 per employee and $25,000 per employer.This benefit will reduce an employer’s remittance of payroll withholdings to CRA.Eligible employers include corporations eligible for the small business deduction, non-profit organizations, charities, partnerships… Continue reading COVID-19 – Canada’s Temporary Wage Subsidy (CTW)– FAQ