The Government of Canada has announced that it intends to extend the current rate structures for the Canada Emergency Wage Subsidy and the Canada Emergency Rent Subsidy from March 14 to June 5, 2021. Specifically:
- the maximum wage subsidy rate for active employees would remain at 75 per cent;
- the maximum rent subsidy rate would remain at 65 per cent; and
- Lockdown Support would remain at 25 per cent and continue to be provided in addition to the rent subsidy, providing eligible hard hit businesses with rent support of up to 90 per cent.