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Bill C-20

By McCarthy Tétrault LLP | 18 Minutes Read July 29, 2020

CEWS update – Detailed tax commentary on enacted amendments in Bill C-20

On July 17, 2020, the government of Canada (the “Government”) released details, as well as draft legislative proposals to amend, inter alia, the Income Tax Act (Canada) (the “ITA”), in respect of a redesigned Canada Emergency Wage Subsidy (“CEWS”) program. The legislative proposals, in the form of Bill C-20, An Act respecting further COVID-19 measures (“Bill C-20”), received Royal Assent on July 27, 2020, and are now law.

Article by McCarthy Tétrault LLP / Employee Relations, Finance and Accounting, Payroll / Bill C-20, Canada Emergency Wage Subsidy, CEWS, COVID-19, employment law, Federal COVID-19 aid package, Income Tax Act

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