Click on this link to find more information from Grant Thornton on how these programs work and the deadlines that apply to each claims period.
The January 27 deadline is approaching
The application deadline for the CEWS/CRHP and the CERSclaim period of July 4 – July 31 2021, is January 27th, 2022.
Businesses will no longer be able to apply for this claim period after this date. Please reach out to us for assistance if you qualify for this period.
Please note that the final claim period for CEWS and CERS was September 26, 2021 to October 23, 2021. Although the final deadline for this period is not until April 21, 2022, we encourage you to send all your CEWS- and CERS-related data up to this claim period to us now to expedite the filing of the remaining claims. Also note that wage and rent subsidies are still currently available for claim periods up to May 7, 2022 with the CRHP (wage subsidy, only) and two new programs: the Tourism and Hospitality Recovery Program and the Hardest-Hit Businesses Recovery Program, which offer both wage and rent subsidies.
CEWS/CRHP
There are multiple options for calculating revenue declines that impact the amount of the claim you receive. For this claim period, eligible Canadian employers will be able to claim the higher of the CEWS(Canada Emergency Wage Subsidy) or the new CRHP (Canada Recovery Hiring Program) to cover part of their employee wages.
We can help you navigate the complex rules and claim process and determine your eligibility.
CERS
CERS (Canada Emergency Rent Subsidy and Lockdown Support) is available on property rented and used by a business, and also on property owned and used by a business. If you own your property and have expenses such as mortgage interest, property tax and insurance, you may also be able to receive the subsidy for these amounts. Please reach out to us as soon as possible so we can assess your situation and determine if you qualify.
If you have not yet submitted a CEWS or CERS claim and think you would qualify, we can help to prepare your claim. We can also review past claims to make certain that your calculations have been completed in the most efficient way possible.
If you would like us to complete your CEWS and/or CERS claim for this claim period, please provide us with all necessary information as soon as possible and ideally by January 18, 2021.
