CEWS legislation receives Royal Assent
On April 11, 2020, Parliament enacted legislation authorizing the Canada Emergency Wage Subsidy (CEWS). Although the concepts underlying CEWS are unchanged from our last Tax Note, the legislation contains further relief for corporate groups and clarifies various points of uncertainty raised by industry groups over the past week.
Our Tax Note reviews the CEWS legislation and how it may apply to your organization or to your clients. Any Felesky Flynn LLP lawyer would be pleased to discuss the details of the CEWS legislation with you.