On April 11, 2020, Bill C-14 COVID-19 Emergency Response Act, No. 2, was released, passed all stages of reading and received Royal Assent. The legislation amends the Income Tax Act (Canada) to implement the CEWS and contains substantially greater detail on qualifying criteria than had been announced previously. The Department of Finance Backgrounder on the CEWS can be found here.
Our blog on the full scope of the CEWS legislation will be released soon.