The Quebec government announces a 12-week extension of the employer contribution credit to the Health Services Fund for employees on paid leave, introduced following the introduction of the Canada Emergency Wage Subsidy.
This additional assistance, which offsets costs not covered by the federal measure, will thus be in effect for the duration of the wage subsidy, which currently runs from March 15 to November 21, 2020.
In addition, certain eligibility criteria have been modified to ensure that the credit will continue to be granted to employers who meet all the conditions for the Canada Emergency Wage Subsidy, notably those relating to reduced income.
Registered pension plans and deferred salary leave plans
The Quebec tax system will also apply the relief measures announced by the federal government on July 2. These measures are designed, among other things, to address the potential cash flow difficulties faced by registered pension plans as a result of the COVID-19 pandemic, and to ensure that it will not be mandatory to terminate a deferred salary leave plan if an employee suspends leave to return to work, or if an employee chooses to defer paid leave.
Details of these measures can be found in the information bulletin published by the Ministry of Finance, available at the following link:
http://www.finances.gouv.qc.ca/documents/Bulletins/fr/BULFR_2020-11-f-b.pdf.
