COVID-19 Support Measures

On October 21, 22021, Government of Canada release the targeted COVID-19 support measures to create jobs and growth: 

• Deliver targeted support to businesses that are still facing significant pandemic-related challenges. Extend the Canada Recovery Hiring Program until May 7, 2022, for eligible employers with current revenue losses above 10 per cent and increase the subsidy rate to 50 per cent.

• Deliver targeted support to businesses that are still facing significant pandemic-related challenges. Support would be available through two streams:

• Tourism and Hospitality Recovery Program, which would provide support through the wage and rent subsidy programs, to hotels, tour operators, travel agencies, and restaurants, with a subsidy rate of up to 75 per cent.

• Hardest-Hit Business Recovery Program, which would provide support through the wage and rent subsidy programs, would support other businesses that have faced deep losses, with a subsidy rate of up to 50 per cent.

• Extend the Canada Recovery Caregiving Benefit and the Canada Recovery Sickness Benefit until May 7, 2022, and increase the maximum duration of benefits by 2 weeks. 

• Establish the Canada Worker Lockdown Benefit which would provide $300 a week in income support to eligible workers should they be unable to work due to a local lockdown anytime between October 24, 2021 and May 7, 2022.

The general Wage Subsidy (CEWS) and Rent Subsidy (CERS) will expire on October 23, 2021.