The right calculations
According to the new measures, the employer can choose to change its calculation method as of July 5, 2020, even if the company had to keep the same calculation method for periods 1 to 4. However, the method chosen beginning July 5 must be kept for periods 5 to 9 et must remain the same for the calculation of both components of the salary subsidy.
Reference periods
For the period of July and the following periods, the employer can choose to calculate the drop in its revenue for the base subsidy and the top-up subsidy according to two different approaches: the general approach or the alternative approach.
Calculation methods for the base subsidy
Claim period | General approach – eligibility reference period |
Alternative approach – other reference period |
July 5 to August 1, 2020 | July 2020 over July 2019 OR June 2020 over June 2019 |
July OR June 2020 over average of January AND February 2020 |
August 2 to August 29, 2020 | August 2020 over August 2019 OR July 2020 over July 2019 |
August OR July 2020 over average of January AND February 2020 |
August 30 to Sept. 26, 2020 | September 2020 over September 2019 OR August 2020 over August 2019 |
September OR August 2020 over average of January AND February 2020 |
Sept. 27 to Oct. 24, 2020 | October 2020 over October 2019 OR September 2020 over September 2019 |
October OR September 2020 over average of January AND February 2020 |
Oct. 25 to Nov. 21, 2020 | November 2020 over November 2019 OR October 2020 over October 2019 |
November OR October 2020 over average of January AND February 2020 |
Nov. 22 to Dec. 19, 2020 | Details to come. | Details to come. |