CJA update

16 Oct 2020 12:17 PM | CJA (Administrator)

CJA Government Update- October 16, 2020

Canada Emergency Wage Subsidy (CEWS) extended the wage subsidy until June 2021

The Federal Government intends to introduce legislation that would implement the extended wage subsidy.

As such, the government will issue a technical backgrounder on the extended wage subsidy, including details on eligibility. For more information go to https://www.canada.ca/en/department-finance/news/2020/10/extending-the-canada-emergency-wage-subsidy.html 

For now, until November 21, 2020, eligible employers who had any drop in revenue can qualify for the wage subsidy. For more information go to https://www.canada.ca/en/revenue-agency/services/subsidy/emergency-wage-subsidy/cews-what-changes.html

Canada Emergency Business Account (CEBA) extension

CEBA has been extended to December 31, 2020, making the program accessible longer to Canadians. If you have already applied for CEBA and have questions, please contact the CEBA Call Centre at 1-888-324-4201 or go to  https://ceba-cuec.ca/ .  Originally launched on April 9, 2020, CEBA is intended to support businesses by providing financing for their expenses that cannot be avoided or deferred as they take steps to safely navigate a period of shutdown, thereby helping to position businesses for successful relaunch when the economy reopens. Repaying the balance of the loan on or before December 31, 2022 will result in loan forgiveness of 25 percent (up to $10,000). 


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ABOUT CJA

Since 1918, we have provided a single source for information on this vibrant and diverse industry to consumers, government, media and businesses. 

The CJA is the national trade association for the Canadian jewellery industry, comprised  of retailers, suppliers, appraisers, designers and providers of goods and services.

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CONTACTS

Canadian Jewellers Association
27 Queen St. East, Suite 600 
Toronto, Ontario Canada M5C 2M6

Phone: 416-368-7616
Fax: 416-368-1986 

Toll free: 1-800-580-0942 

Email: info@canadianjewellers.com 



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