Dear Accommodation Community,
We have discovered that there was an error in our most recent communications that was sent out this afternoon.
Regarding the Canada Emergency Wage Subsidy (CEWS), the government announced that they would be raising the current subsidy rate (from 45% in November and 25% in December) to 65% of eligible wages until December 19, 2020 for hardest hit businesses. We had previously written 75% which was an error.
Further details are expected for the January to June 2021 period which we will continue to update you all on.
Thank you and take care,
President & CEO
British Columbia Hotel Association