What we will cover in this Webinar

Bill C-30 Bill extends the existing Canada Emergency Wage Subsidy ("CEWS") and the Canada Emergency Rent Subsidy ("CERS") through to September 25th, while also introducing a new Canada Recovery Hiring Program ("CRHP") through to November 20, 2021. The new legislation has created the CRHP and changed who can access along with the calculations of the CEWS & CERS. The calculations are challenging with the introduction of a new maximum between the CRHP and the CEWS, while also options between the original CEWS calculations and the new program. The legislation also contains new definitions and minimum requirements to access the benefits.

  • The new qualifying periods, applicable rates, and prior reference periods for CEWS & CERS

  • The formula changes for calculating the CEWS & CERS

  • The extended options of Baseline Remuneration for the new qualifying periods

  • The impact of the new legislation on furloughed employees

  • An overview of the new CRHP and which organizations qualify

  • Understanding the new definitions for the CRHP

  • How to calculate the new CRHP

  • Comparing which wage subsidy calculation of CEWS vs CRHP to use to maximize the benefits

  • Planning opportunities to maximize the benefits

  • Recent technical interpretations

Guest Speaker

John Oakey, CPA, CA, TEP, CC

John Oakey is the Director of National Tax For Baker Tilly Canada where he is responsible for supporting tax experts across the network by driving nationwide tax advisory initiatives and informing members of regulatory changes. He is also responsible for managing tax-related content, including Tax Flashes and Alerts, which are released to clients. Furthermore, he provides tax training to other professionals through various organizations, including the Canadian Tax Foundation, CPA Canada and CPA Nova Scotia.

Also Included

  • Communication Updates

    Notifications of key changes to the the subsidy programs

  • Course Materials

    Access to course materials such as webinar slides and other relevant articles

  • Professional Development

    Individuals that complete the quiz will receive a 1-hour PD certificate