In response to the ongoing advocacy efforts of Restaurants Canada, the federal government has extended the eligibility period for the Canada Emergency Wage Subsidy, the Canada Emergency Rent Subsidy and Lockdown Support until Oct. 23, 2021, and is increasing the rate of support that businesses can receive during the period between Aug. 29 and Sept. 25, 2021.
The tables below provide an overview of the latest changes to the federal wage and rent subsidy programs.
Canada Emergency Wage Subsidy Base and Top-up Rate Structure, Periods 19 to 21
Period 19 Aug. 1 – Aug. 28 | Period 20 Aug. 29 – Sept. 25 | Period 21 Sept. 26 – Oct. 23 | |
Maximum weekly benefit per employee* | $452 | $452 | $226 |
≥70% revenue decline | 40% (i.e., Base: 25% + Top-up: 15%) | 40% (i.e., Base: 25% + Top-up: 15%) | 20% (i.e., Base: 10% + Top-up: 10%) |
50%-69% revenue decline | Base: 25% + Top-up: (revenue decline – 50%) x 0.75 (e.g., 25% + (60% revenue decline – 50%) x 0.75 = 32.5% subsidy rate) | Base: 25% + Top-up: (revenue decline – 50%) x 0.75 (e.g., 25% + (60% revenue decline – 50%) x 0.75 = 32.5% subsidy rate) | Base: 10% + Top-up: (revenue decline – 50%) x 0.5 (e.g., 10% + (60% revenue decline – 50%) x 0.5 = 15% subsidy rate) |
>10%-50% revenue decline | Base: (revenue decline – 10%) x 0.625 (e.g., (30% revenue decline – 10%) x 0.625 = 12.5% subsidy rate) | Base: (revenue decline – 10%) x 0.625 (e.g., (30% revenue decline – 10%) x 0.625 = 12.5% subsidy rate) | Base: (revenue decline – 10%) x 0.25 (e.g., (30% revenue decline – 10%) x 0.25 = 5% subsidy rate) |
Canada Emergency Rent Subsidy Base Rate Structure*, Periods 19** to 21
Period 19 Aug. 1 – Aug. 28 | Period 20 Aug. 29 – Sept. 25 | Period 21 Sept. 26 – Oct. 23 | |
≥70% revenue decline | 40% | 40% | 20% |
50%-69% revenue decline | 25% + (revenue decline – 50%) x 0.75 (e.g., 25% + (60% revenue decline – 50%) x 0.75 = 32.5% subsidy rate) | 25% + (revenue decline – 50%) x 0.75 (e.g., 25% + (60% revenue decline – 50%) x 0.75 = 32.5% subsidy rate) | 10% + (revenue decline – 50%) x 0.5 (e.g., 10% + (60% revenue decline – 50%) x 0.5 = 15% subsidy rate) |
>10%-50% revenue decline | (Revenue decline – 10%) x 0.625 (e.g., (30% revenue decline – 10%) x 0.625 = 12.5% subsidy rate) | (Revenue decline – 10%) x 0.625 (e.g., (30% revenue decline – 10%) x 0.625 = 12.5% subsidy rate) | (Revenue decline – 10%) x 0.25 (e.g., (30% revenue decline – 10%) x 0.25 = 5% subsidy rate) |
For more information on the extension of these support programs, please see the official backgrounder from the Department of Finance.
Help us raise your voice
These changes signal a step in the right direction for strengthening these critical sources of emergency aid, demonstrating the impact of our extensive engagement with key government policymakers participating in our Restaurant Revival Working Group.
We welcome your feedback as we continue to advocate for sector-specific support for our hardest-hit industry. Please provide any further input on these vital subsidies to Olivier Bourbeau, Restaurants Canada Vice President, Federal and Quebec at: OBourbeau@restaurantscanada.org