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News (National): Canada Rent and Wage Subsidies extended until October 23

News (National): Canada Rent and Wage Subsidies extended until October 23

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Last week, the Finance Minister announced that the Canada Emergency Wage Subsidy (CEWS), Canada Emergency Rent Subsidy (CERS), Lockdown Support and Canada Recovery Benefit would all be extended until October 23, 2021. The Government also announced that it would increase the wage and rent subsidy rates to 40% from 20% for the period between August 29 and September 25, 2021. More details regarding this announcement are available here.