The Canada Recovery Hiring Program (CRHP)
Up until June 2021, Companies looking for a wage subsidy could only apply for the existing Canadian Emergency Wage Subsidy (CEWS). Starting in period 17 (June 6 to July 3, 2021), employers can now pick between the higher of either CEWS or the new Canada Recovery Hiring Program (CRHP). Starting late September 2021, employers can only apply for CRHP.
Eligibility
CRHP is a little more restrictive than CEWS is, and is limited to only Canadian-controlled private corporations (CCPCs), Cooperative corporations that are eligible for the small business deductions, and partnerships where 50% of partnership interest is held by employers eligible for CRHP (so either CCPCs or cooperative corps eligible for the small business deduction).
Source: CRA: https://www.canada.ca/en/revenue-agency/services/subsidy/recovery-hiring-program/crhp-who-apply.html
Calculation
Click the following CRA link to calculate both your CEWS and CRHP amount: https://www.canada.ca/en/revenue-agency/services/subsidy/recovery-hiring-program/crhp-calculate-amount.html
What is the Difference between CEWS and CRHP?
CRA Infographic: https://www.canada.ca/content/dam/cra-arc/serv-info/tax/business/topics/cews/nfgrphc_crhp_vs_cews-e.pdf
Detailed Notes on the CRA website on the differences:
Further Reading
For further reading in greater detail, refer to the following CRA link:
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