April 19, 2021, the Canadian Federal Government announced in the Budget 2021 an extension of the current wage-subsidy (CEWS) and rent-subsidy (CERS) programs to September 25, 2021. There are, however, reductions in support. The maximum available support will drop from 65% of revenue reduction in June (the current level) to 60% in July, to 40% in August to 20% in September.
The web page detailing the changes has not yet been updated but should be very soon. Go to Canada’s COVID-19 Economic Response Plan – Canada.ca.
