Prime Minister Justin Trudeau announced today that applications for the Canada Emergency Wage Subsidy (CEWS) will be open on April 27.

The Canada Emergency Wage Subsidy is a program designed to help employers that have been impacted by the pandemic and to help Canadians stay employed.

The subsidy could cover up to 75% of an employee's wages (to a maximum of $847 per week).  Employers who have seen a drop in gross revenue of at least 15% in March and 30% in April and May are eligible for the subsidy - regardless of the size of the business.  The program is available for 12 weeks, from March 15 to June 6, 2020.

The federal government also has an online calculator is available to help employers determine how much their subsidy may be.  You can also determine if your company is eligible, which employees are eligible and how to apply on April 27.

Click here for the calculator and eligibility information