ELCIC Treasurers’ Letter #5 includes:
- Details on the extension of the Canada Emergency Wage (CEWS) until the end of the year
- Guidance on determining whether revenue received from bequests and/or the sale of property should be classified as extraordinary revenue for purposes of the CEWS revenue calculations
- Changes to the CEWS application process for those congregations that are part of a multi-congregation parish or that are part of a shared ministry agreement
Please note that as a result of changes that were made to the revenue calculation tests that became effective in July, any congregation that experiences a revenue decline of any amount during one or more monthly periods, will be eligible to apply for a subsidy based on the amount of revenue decline.