The Government has released new details about the Canada Recovery Hiring Program, which was announced in Budget 2021. The program will provide up to 50% of eligible salary or wage costs, to a maximum of $1,129 per week for each eligible employee. The subsidy can be used to increase wages or hours worked or hire more staff, and is only available for active employees. Nonprofits and charities are both eligible for the subsidy. In order to qualify, organizations must demonstrate a revenue decline of more than 0% for the period between June 6 and July 3 and more than 10% between July 4 and November 20. Organizations cannot receive both the Canada Emergency Wage Subsidy and the Canada Recovery Hiring subsidy for the same period. The program will be available from June 6 (retroactively) to November 20, 2021 and employers will be able to apply through their CRA My Business account once Bill C-30 is passed into law.
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