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Scarrow Yurman & Co is an innovative practice with the right mix of professional skills, industry experience, and forward-looking perspective. Exceptional service with a personal touch is the cornerstone of our business. Clients rely on us to keep pace with accounting and tax trends, listen to their needs, and remain innovative in our processes and use of technology—so you always get our best! We typically work with owner-managed businesses in York Region and the GTA whose annual revenues range from $1M to $100M. Some of the industries we serve include:

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June 2, 2020
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July 8, 2020

The 75% Canadian Emergency Wage Subsidy (CEWS) – EXTENDED to August 29, 2020

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  • COVID-19
  • Tax
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As we outlined in our April 9 blog, a Canadian employer whose business has been affected by COVID-19 may be eligible for the Canadian Emergency Wage Subsidy (CEWS). On Monday, May 15, the Government of Canada announced that this subsidy (which has been available from March 15, 2020) has now been extended an additional 12 weeks, to August 29, 2020.

The current eligibility criteria for the subsidy will apply to the current June period (period 4). It is possible that the criteria will be different in period 5 (July 2020) and/or period 6 (August 2020). We will keep you posted as the government releases the updates.

*Whatever Baseline Revenue option you used to date will be the method you are locked into for entire period of the subsidy.

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