RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Price ActionAt the beginning of the pandemic we basically received 75% wage subsidy, up to ~55k salary per employee.
Now the rules for the next few months for subsidy (and Q4) are/were: 0.8 x revenue drop.
The lucky part is that the revenue drop is based upon January/February sales - These were greatly boosted this year due to Bloomberg election, so let's assume 900k/month, which may be high but need to guess.
Let's assume we have a great quarter, at 2.1 million (700k/month). That is a 22% revenue drop from Jan/Feb, so we would receive just under 18% wage subsidy. This is less than a quarter of the subsidy of April/May/June, etc. The subsidies run until mid march, so it runs out at end of Q1 regardless.
So max subsidy you should be assuming for Q4/Q1 is maybe 100k each. Nothing very substantial.