The proposed Canada Recovery Hiring Program has been designed to help businesses who have been hit hardest by COVID-19 hire the workers they need. The program would provide a subsidy of up to 50 per cent of eligible salary or wages for employers who have experienced qualifying revenue declines. Support would be available retroactively from June 6, 2021 to November 20, 2021.
What Businesses are Eligible?
The government has indicated that employers eligible for the Canada Emergency Wage Subsidy (CEWS) would generally be eligible for the Canada Recovery Hiring Program. Eligible employers must be Canadian-controlled private corporations and also includes individuals, non‑profit organizations, registered charities, and certain partnerships.
Employers would have to demonstrate a decline in revenues, which can be done in the same manner as under the CEWS.
Eligible employers, or their payroll service provider, would also be required to have had a payroll account open with the Canada Revenue Agency on March 15, 2020.
How do I access the program?
Similar to the Canada Emergency Wage Subsidy and the Canada Emergency Rent Subsidy, businesses will be able to access the program through the Canada Revenue Agency. This program, as well as a proposed extension of the Wage Subsidy, Rent Subsidy and Lockdown Support to September 25, 2021 are currently before Parliament for approval.
Once the program is finalized, please connect with us if you have any questions about accessing the program.
You can also learn more about the proposed eligibility here: https://www.canada.ca/en/department-finance/news/2021/06/helping-hard-hit-businesses-hire-more-workers-with-the-canada-recovery-hiring-program.html