The Canada Emergency Wage Subsidy program and business survival and growth during the COVID-19 pandemic in Canada
The COVID-19 pandemic had a major impact on businesses in 2020. In response, the Government of Canada introduced measures to support both individuals and businesses through the pandemic. The largest program for businesses was the Canada Emergency Wage Subsidy (CEWS). This paper presents firm-level e...
Saved in:
| Main Authors: | , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Statistics Canada
2022-02-01
|
| Series: | Economic and Social Reports |
| Subjects: | |
| Online Access: | https://www150.statcan.gc.ca/n1/pub/36-28-0001/2022002/article/00006-eng.htm |
| Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
| _version_ | 1849707272262909952 |
|---|---|
| author | Danny Leung Huju Liu |
| author_facet | Danny Leung Huju Liu |
| author_sort | Danny Leung |
| collection | DOAJ |
| description | The COVID-19 pandemic had a major impact on businesses in 2020. In response, the Government of Canada introduced measures to support both individuals and businesses through the pandemic. The largest program for businesses was the Canada Emergency Wage Subsidy (CEWS). This paper presents firm-level evidence on the relationship between the usage of the CEWS programs and the survival and growth of businesses controlling for the pre-pandemic characteristics of businesses and where possible, their use of two other important programs, the Canada Emergency Business Account and the Canada Emergency Commercial Rental Assistance programs. |
| format | Article |
| id | doaj-art-d7c2fc265b3d4282b0fbb27aa08f7077 |
| institution | DOAJ |
| issn | 2563-8955 |
| language | English |
| publishDate | 2022-02-01 |
| publisher | Statistics Canada |
| record_format | Article |
| series | Economic and Social Reports |
| spelling | doaj-art-d7c2fc265b3d4282b0fbb27aa08f70772025-08-20T03:15:57ZengStatistics CanadaEconomic and Social Reports2563-89552022-02-0120210.25318/36280001202200200006-engThe Canada Emergency Wage Subsidy program and business survival and growth during the COVID-19 pandemic in CanadaDanny LeungHuju LiuThe COVID-19 pandemic had a major impact on businesses in 2020. In response, the Government of Canada introduced measures to support both individuals and businesses through the pandemic. The largest program for businesses was the Canada Emergency Wage Subsidy (CEWS). This paper presents firm-level evidence on the relationship between the usage of the CEWS programs and the survival and growth of businesses controlling for the pre-pandemic characteristics of businesses and where possible, their use of two other important programs, the Canada Emergency Business Account and the Canada Emergency Commercial Rental Assistance programs.https://www150.statcan.gc.ca/n1/pub/36-28-0001/2022002/article/00006-eng.htmCOVIDCOVID 19CoronaCoronavirusCorona virusNovel coronavirus |
| spellingShingle | Danny Leung Huju Liu The Canada Emergency Wage Subsidy program and business survival and growth during the COVID-19 pandemic in Canada Economic and Social Reports COVID COVID 19 Corona Coronavirus Corona virus Novel coronavirus |
| title | The Canada Emergency Wage Subsidy program and business survival and growth during the COVID-19 pandemic in Canada |
| title_full | The Canada Emergency Wage Subsidy program and business survival and growth during the COVID-19 pandemic in Canada |
| title_fullStr | The Canada Emergency Wage Subsidy program and business survival and growth during the COVID-19 pandemic in Canada |
| title_full_unstemmed | The Canada Emergency Wage Subsidy program and business survival and growth during the COVID-19 pandemic in Canada |
| title_short | The Canada Emergency Wage Subsidy program and business survival and growth during the COVID-19 pandemic in Canada |
| title_sort | canada emergency wage subsidy program and business survival and growth during the covid 19 pandemic in canada |
| topic | COVID COVID 19 Corona Coronavirus Corona virus Novel coronavirus |
| url | https://www150.statcan.gc.ca/n1/pub/36-28-0001/2022002/article/00006-eng.htm |
| work_keys_str_mv | AT dannyleung thecanadaemergencywagesubsidyprogramandbusinesssurvivalandgrowthduringthecovid19pandemicincanada AT hujuliu thecanadaemergencywagesubsidyprogramandbusinesssurvivalandgrowthduringthecovid19pandemicincanada AT dannyleung canadaemergencywagesubsidyprogramandbusinesssurvivalandgrowthduringthecovid19pandemicincanada AT hujuliu canadaemergencywagesubsidyprogramandbusinesssurvivalandgrowthduringthecovid19pandemicincanada |