On 27 March we applied for the wage subsidy for us four employees. On 29 march we received an email saying that $4,686.40 has been deposited into our account. If we divide $4,686.40 by $585.80 we get two weeks pay for four people. The shutdown is for four weeks. Shouldn’t we have received $9,372.80? Or is it that because my wife and I take draws, not wages, that we have received four weeks pay for two employees and nothing for ourselves?We are totally shut down with no income and expect to take a bath over April and probably beyond since our customers are also shut down. I hear that some companies are receiving 12 weeks pay per employees. I’m totally confused. Please help me understand what we may be entitled to and how to obtain same. We are trying to keep our employees (and ourselves) from redundancy.
Question submitted 05/04/20 @ 08:51am
COVID-19 Funding & Support