DATELINE: Monday April 27, 2020: The Honourable Diane Lebouthillier, Minister of National Revenue, launched the application process for the CEWS. As of today, employers can apply for the CEWS through My Business Account or through the CRA’s online application portal, and their representatives can apply through Represent a Client.
All claims that are approved through the CRA’s automated verification process will be sent for payment on May 5, so that payments being made through direct deposit should begin to appear in employers’ accounts as of May 7. Some applications will require a secondary verification, done manually, and in these cases, the CRA may contact employers to verify the information. It is expected that these secondary verifications will take no more than 72 hours in the vast majority of cases.
The CRA has again partnered with financial institutions to enroll Canadian employers for direct deposit, and employers can now register business payroll accounts for direct deposit with the CRA through their bank portals.
Signing up for direct deposit will enable employers whose applications are approved to receive their CEWS payments quickly and securely. Employers can sign up for direct deposit with their financial institutions even after applying for the CEWS.
WHERE TO START:
Whether you are self-employed, a small business owner, or an entrepreneur – you shouldn’t have to worry about having to lose your business or your job.
To get the help you need:
- Visit our government’s COVID-19 Economic Response Plan website for information about supporting your employees and your business. It is constantly updated as the COVID-19 crisis evolves.
- Contact your local financial institution. Since we know most small businesses have a relationship with their local financial institution already, we’ve worked with the financial sector to increase their lending capability to support you in this challenging time. They are a good first place to start for help.
- Consult the Canadian Business Resilience Network and Canadian Chamber of Commerce’s pandemic preparedness guide to help prepare your business in the days and weeks to come.
THE TEAM:
For assistance at any time, please reach out to the team member below who represents your region. Based on the current volume of email, if you reply to this email directly without copying the appropriate regional team member, my response may be significantly delayed.
- Simon Beauchemin, Director of Policy – simon.beauchemin@international.gc.ca
- Ivana Spasovska, Senior Special Assistant, Regional Affairs and Stakeholder Relations (Ontario) – ivana.spasovska@international.gc.ca
- Ryan Nearing, Press Secretary and Regional Advisor (Atlantic) – ryan.nearing@international.gc.ca
- Zach Nixon, Special Assistant, Regional Affairs (Ontario) – Zachary.nixon@international.gc.ca
- Youmy Han, Special Assistant, Regional Affairs (West and North) – youmy.han@international.gc.ca
- Arevig Afarian, Special Assistant, Regional Affairs (Quebec) – arevig.afarian@international.gc.ca
Source: PCMA
