REAL and Economic Development Regina must repay $8M and $918K, respectively, to the government for ineligible CEWS claims during pandemic-related shutdowns.
Regina Exhibition Association Limited (REAL) must repay the Canadian government $8M after a CRA audit found it ineligible for Canada Emergency Wage Subsidy (CEWS), a program intended to support businesses during pandemic-related shutdowns. Economic Development Regina also faces repayment of $918,000. Both organizations have requested interest waivers, but may seek city assistance to meet their repayment obligations.
April 06, 2024
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