Jacob Angemeer – Changes to the Wage Subsidy Explained – PODCAST

Mississauga Board of Trade
Mississauga Board of Trade


August 12, 2020


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Business drew a huge sigh of relief when the Federal Government bumped the Canadian Emergency Wage Subsidy from 10% to 75%. There were a number of rules that followed with a main qualification barrier of a 30% drop in revenue. Recently, the Prime Minister boasted of a bigger better wage subsidy program where more companies can qualify. BUT is it bigger and better for every business. To help us understand the new CEWS rules coming at us for the periods of September, October, November and possible December is Jacob Angemeer. Jacob is a Canadian Tax Partner with MNP working out of MNPs Mississauga Office. Jacob had the onerous task of reading through Bill C-20 and interpreting how the changes will affect business.

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