It is extremely important to all of us at OPTY that everyone stays safe, while trying to maintain balance in family, work, business and finances. We have compiled some resources that would hopefully be of assistance to you. A great big THANK YOU to all Albertans for locking arms and coming together. The sources of these resources come from many caring organizations and we are very grateful for the opportunity to share and being helpful.
The subsidy amount for a given employee on eligible remuneration paid between March 15 and June 6, 2020 would be the greater of:
A special rule will apply to employees that do not deal at arm’s length with the employer.
Eligible Period Claiming period Reference period for eligibility
Period 1 March 15 – April 11 March 2020 over March 2019
Period 2 April 12 – May 9 April 2020 over April 2019
Period 3 May 10 – June 6 May 2020 over May 2019
Eligible employers would be able to apply for the Canada Emergency Wage Subsidy through the Canada Revenue Agency’s My Business Account portal as well as a web-based application. Employers would have to keep records demonstrating their reduction in arm’s-length revenues and remuneration paid to employees. More details about the application process will be made available shortly.
Employment Insurance – Record of Employment
If your employees are directly affected by the coronavirus (COVID-19) and they are no longer working, you must issue a Record of Employment (ROE).
Supplemental EI Program:
A supplementary unemployment benefit plan (SUBP) is a plan established by an employer or group of participating employers to top up employees’ employment insurance (EI) benefits, up to 95% of their regular income, during a period of unemployment due to a temporary or indefinite layoff for:
The Work-Sharing program is implementing temporary special measures to support employers and employees affected by the downturn in business caused by COVID-19. The new temporary special measures are available to employers impacted directly or indirectly by COVID-19. The measures allows for eligible employers to retain skilled employees and workers to remain employed during the temporary downturn in business due to COVID-19. The temporary special measures will:
Access the Work-Sharing page to learn more about the program and its requirements.
Access the Work-Sharing temporary special measures page to find out if you are eligible for temporary special measures.