Canada Emergency Wage Subsidy
GPTKB entity
Properties (47)
Predicate | Object |
---|---|
gptkbp:instanceOf |
government program
|
gptkbp:activeDuring |
March 15, 2020
|
gptkbp:aimsTo |
small and medium-sized enterprises
|
gptkbp:availableIn |
non-profit organizations
seasonal workers charities indigenous businesses |
gptkbp:challenges |
fraudulent claims
administrative delays complexity of application process |
gptkbp:completed |
September 25, 2021
|
gptkbp:designedFor |
prevent layoffs
|
gptkbp:duration |
up to 24 weeks
|
gptkbp:enrollment |
employers experiencing revenue decline
|
gptkbp:evaluates |
assessed for effectiveness post-implementation
online_application_through_CRA |
gptkbp:filingCountry |
considered taxable income for employees
|
gptkbp:financials |
up to 75% of employee wages
|
gptkbp:firstClaim |
potential for similar programs in future crises
|
gptkbp:funding |
direct payments to employers
federal government budget over $100 billion allocated |
gptkbp:hasMember |
monthly reporting of employee wages
|
https://www.w3.org/2000/01/rdf-schema#label |
Canada Emergency Wage Subsidy
|
gptkbp:impact |
helped millions of workers
stabilized employment levels |
gptkbp:introduced |
gptkb:Government_of_Canada
|
gptkbp:is_monitored_by |
ongoing monitoring by government
|
gptkbp:issuedBy |
gptkb:Canada_Revenue_Agency
|
gptkbp:legacy |
set precedent for future wage subsidies
|
gptkbp:notable_event |
April 1, 2020
|
gptkbp:notableEvent |
gptkb:Bill_C-14
|
gptkbp:numberOfClaims |
$847 per week per employee
|
gptkbp:partOf |
COVID-19 Economic Response Plan
|
gptkbp:publicAccess |
generally positive feedback
|
gptkbp:purpose |
support businesses during COVID-19 pandemic
|
gptkbp:regulatoryCompliance |
subject to audits
|
gptkbp:relatedTo |
COVID-19 economic response
|
gptkbp:replacedBy |
gptkb:Canada_Recovery_Wage_Subsidy
|
gptkbp:stakeholders |
community organizations
labor unions business associations economic advisors |
gptkbp:succeededBy |
effective communication
quick implementation broad eligibility criteria high uptake by eligible businesses |