The government of Canada continues to take significant and decisive steps through COVID-19 Economic Response Plan to support and benefit the people and protect their jobs while facing the Global pandemic. The new latest bill proposes some key amendments in the CEWS.
The CEWS (Canada Emergency Wage Subsidy) helps secure the jobs of the people. It supports businesses keep employees on the payroll and inspires employers to hire those workers again, which earlier lost the jobs. As of now, CEWS has supported the jobs of nearly 3 million employees in the country, since its opening and this number is consistently rising.
Finance Minister Introduced Bill C-20
Canadian finance minister has introduced the Bill C-20 in parliament. It is An Act respecting further COVID-19 measures. After getting the Royal assent, it will be a legislation, which will make the CEWS more focused, shall enlarge eligibility and subsequently, support more workers to find their job again, as the Canadian economy is gradually getting back in its shape.
Key Changes proposed in Bill C-20
Find below the key changed proposed in the bill:
These changes will ensure that the economy of the maple leaf country grows as the business will get support and employees will be back to their jobs.
Support to the persons with disabilities
Once the Royal Assent is received, the Canadian government is willing to move forward with a non-taxable and non-reportable payment of up to $600 to nearly 1.7 million eligible persons. These eligible beneficiaries are the ones who,
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