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. |