CEWS

[L39Guy]

I can came to the same conclusion from the 1990's recession - an unemployed pilot with a senior number (particularly at a defunct carrier) is not worth the paper it is written on.

Personally, I stayed in the industry as I enjoyed flying but diversified by going back to school then starting a business. My business is such that it can be managed remotely. Both school work and business related work that can be done while killing time in a hotel room during a layover is a wonderful way to use your time. Better than watching soap operas and other idiotic TV shows. And, the 12 bottle-to-throttle rule almost guarantees 4 or 5 hours in the evening to devote to work.

I found it a splendid combination - get the flying fix while keeping the brain active pursuing further education then a business. I would also add that starting a business with another source of income takes a lot of pressure off while the business is in the start-up phase.

[Launchpad1]

That's a good idea and something I'm also considering doing. Like someone above said this is getting abit annoying now with the constant career road blocks you get in aviation. Having been in this industry for around 15 years I have been held back (through recessions etc etc) at least 4 times now.

I'm considering trying to get into UAV flying, perhaps start a small UAV company and see where it goes.

[Ash Ketchum]

That's a good idea and something I'm also considering doing. Like someone above said this is getting abit annoying now with the constant career road blocks you get in aviation. Having been in this industry for around 15 years I have been held back (through recessions etc etc) at least 4 times now.

I'm considering trying to get into UAV flying, perhaps start a small UAV company and see where it goes.

That was in my list of business ideas as well. It seems the photography/videography side of drone flying is becoming saturated but lots of opportunities in industries like agriculture, construction and lidar aerial survey.

[Launchpad1]

That was in my list of business ideas as well. It seems the photography/videography side of drone flying is becoming saturated but lots of opportunities in industries like agriculture, construction and lidar aerial survey.

Also some seriously good Infrared capabilities now too.

My idea was to get a Mavic Mini first (it's weight puts it into a category where you don't need the advanced licence) and see if I can become richer than Warren Buffet

[FenderManDan]

That was in my list of business ideas as well. It seems the photography/videography side of drone flying is becoming saturated but lots of opportunities in industries like agriculture, construction and lidar aerial survey.

Also some seriously good Infrared capabilities now too.

My idea was to get a Mavic Mini first (it's weight puts it into a category where you don't need the advanced licence) and see if I can become richer than Warren Buffet

I run that ops on the side and it is tough like any business.
You would need the complex cert to operate commercially.

[rudder]

CEWS Program has been extended but terms and conditions for both qualification and benefit level have been significantly altered for the periods after August 29.

[tbayav8er]

So, the new CEWS information is pretty confusing to me. So basically after August 29th, the CEWS payments for furloughed employees will just be equal to EI/CERB?

[citizenbanana]

For those of us that have been on CEWS from the beginning of Covid. When CEWS is done at the end of December will we have not worked enough hours in the past 52 weeks to be eligible for E.I?

[fur1ough]

CEWS is paid by your company and then afterwards reimbursed by the gvnt, and as far as I understand qualifies you for EI.

[Launchpad1]

So basically after August 29th, the CEWS payments for furloughed employees will just be equal to EI/CERB?

I had a look at the changes. Not sure where you got this from.

[rudder]

So basically after August 29th, the CEWS payments for furloughed employees will just be equal to EI/CERB?

I had a look at the changes. Not sure where you got this from.

“Beginning in Period 7, CEWS support for furloughed employees would be adjusted to align with the benefits provided through the Canada Emergency Response Benefit (CERB) and/or Employment Insurance (EI). This would ensure equitable treatment of employees on furlough between both programs, provide greater clarity to workers as to their compensation as compared to a changing subsidy rate based on their employer’s revenue in a given month and, when combined with draftlegislative changes to the interaction with the CERB (i.e., the elimination of the 14-days rule, as discussed below), make it easier to transition employees on to CEWS so that they are reconnected with their employer.“

Period 7 commences August 30.

[Launchpad1]

Ah cr@p.

[fur1ough]

Welcome to the club.

[Inverted2]

So the coles notes version is the ~$850 max a week CEWS is going to transition to the $500 a week CERB?

[rudder]

So the coles notes version is the ~$850 max a week CEWS is going to transition to the $500 a week CERB?

CEWS ends August 29.

CERB ends October 03.

Then EI.

[Cavalier44]

So the coles notes version is the ~$850 max a week CEWS is going to transition to the $500 a week CERB?

CEWS ends August 29.

CERB ends October 03.

Then EI.

Was CEWS not recently extended until mid-December?

[flyingcanuck]

So the coles notes version is the ~$850 max a week CEWS is going to transition to the $500 a week CERB?

CEWS ends August 29.

CERB ends October 03.

Then EI.

Was CEWS not recently extended until mid-December?

Yes it's not done as the other guy claimed. Its just that it will be a maximum of 45% (instead of the 75% it is now) DEPENDING on how much revenue the company has lost. So could be nothing as well

[rudder]

Yes it's not done as the other guy claimed. Its just that it will be a maximum of 45% (instead of the 75% it is now) DEPENDING on how much revenue the company has lost. So could be nothing as well

True.

While still technically enrolled in CEWS, after August 29th a furloughed employee will be capped at a benefit level equivalent to CERB or EI (whichever is higher in an individual case). This revised benefit will be available until November or December, based on enabling legislation. After that, it will be transition to traditional EI.

[Launchpad1]

So the people that, with a bit of penny pinching, have been able to survive on CEWS are now going to also have to find, in addition to the CEWS, at least part time jobs. Taking those same jobs from the people who are trying to come off the CERB. Yeah this makes perfect sense.

[bobcaygeon]

So the people that, with a bit of penny pinching, have been able to survive on CEWS are now going to also have to find, in addition to the CEWS, at least part time jobs. Taking those same jobs from the people who are trying to come off the CERB. Yeah this makes perfect sense.

It's essentially replacing the CERB which is broken because companies are actually having trouble getting people back to work. Yes really. The Manitoba government is actually offering people on CERB a lump sum payout to people who will get off CERB and go back to work.

[flyinhigh]

Buddy of mine ownes a construction company and cannot get any of his workers on CERB to come back. 2K a month to sit on your arse, sun tan and drink beer is killing the employers now.

[sstaurus]

Really? I’m still surprised Circa $1500 after tax is enough to do anything with...

[flyinhigh]

CERB is not taxed at source. It is taxable next year however which will bite everyone refusing to go to work in the arse. In addition, when the business survey goes out on whether you offered employment back to your employees, did they take the employment or not. That will really kick them in the nuts as the government may roll back the CERB payments.

Really? I’m still surprised Circa $1500 after tax is enough to do anything with...

[Launchpad1]

So what's going to happen at the end of the year when the CERB has ended and all these people who've been on it for about 6 months then get a big tax bill. Hopefully the government gives people a long time to pay it off.