Back to Work Wage Subsidy – Province of Manitoba
In case you are unaware – as part of the #RestartMB the province expanded its Back to Work Wage Subsidy. The program is open to all new hires, not just students under the age of 29. Businesses will be reimbursed up $5,000 for up to 10 new workers to a maximum of $50,000 per business, not for profit or charity. Businesses that have already benefited from provincial summer wage subsidies are eligible for this new wage subsidy benefit to hire or bring back an additional 10 employees. The program will now reimburse half of all wages for those newly hired to Oct. 31. Employers that have received financial support from other various provincial and federal programs are all eligible to apply.
The application deadline is Oct. 1, with a deadline to submit proof of wages by Jan. 4, 2021. Businesses can apply for the wage subsidy effective July 16 at noon.
Manitoba Gap Protection Program(MGPP)
The province also has extended the application deadline this program to August 31 from July 31. Businesses that are ineligible for federal support can apply for an immediate $6,000 non-interest bearing forgivable loan under this program.
As always, we are here to support you if you need assistance interpreting or applying for any applicable programs.
Greg Libbrecht and the team at Platinum Business Services