Eligible dealerships and other businesses will be able to apply for the Canada Employment Wage Subsidy (CEWS) starting on April 27.
Dealerships interested in applying can find more information on the Government of Canada website here. Application methods include the use of My Business Account, Represent a Client, or by using a separate online form that will only be available on April 27.
Dealerships can also use the online calculator provided on the Government of Canada website here to calculate their wage subsidy amount.
The federal wage subsidy program has been updated several times with additional information, which has created some confusion among businesses. A more in-depth review of the program can be found here, with Trevor Tamke, CPA, CA, Partner, Taxation Services at MNP, providing an explanation on what dealers need to know — including how they can qualify, and what recent additions to the program imply.
Canadian auto dealer will continue to update dealers on this important program through our resource page.
