Personal Finance

CRA asking for help identifying CEWS fraud

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  • Jan 24th, 2021 5:06 pm
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[OP]
Newbie
Nov 27, 2020
41 posts
79 upvotes

CRA asking for help identifying CEWS fraud

The CRA released the names of companies which received benefits. They are asking people if they feel any money was misused by companies to check the list available online for all companies that received money.
I hope the government nails them. I know my neighbours with the new Porsche and new boats didn’t come by them honestly.
Last edited by angel_wing0 on Dec 26th, 2020 5:44 am, edited 1 time in total.
Reason: Corrected thread subject
75 replies
Deal Fanatic
Dec 5, 2006
9502 posts
4711 upvotes
Markham
Serasera wrote: The CRA released the names of companies which received benefits. They are asking people if they feel any money was misused by companies to check the list available online for all companies that received money.
I hope the government nails them. I know my neighbours with the new Porsche and new boats didn’t come by them honestly.
I honestly don't think having a new Porsche has anything to do with benefits
Deal Fanatic
User avatar
Feb 2, 2014
8760 posts
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Toronto
Serasera wrote: The CRA released the names of companies which received benefits. They are asking people if they feel any money was misused by companies to check the list available online for all companies that received money.
I hope the government nails them. I know my neighbours with the new Porsche and new boats didn’t come by them honestly.
What is the CEWA benefit? Do you mean CEBA?
Kevin Somnauth, CFA
Principal Broker - First Toronto Mortgage - MA (Ontario #13176, BC #X301007)
Real Estate Salesperson - Century 21 Innovative
[OP]
Newbie
Nov 27, 2020
41 posts
79 upvotes
The wage subsidy, where the government pays companies to keep people employed. They subsidized up to 90% of companies payroll.
Deal Addict
Jan 21, 2018
4571 posts
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Vancouver
Serasera wrote: The wage subsidy, where the government pays companies to keep people employed. They subsidized up to 90% of companies payroll.
That would be CEWS = Canadian Emergency Wage Subsidy

While in theory it could have gone up to some high percentage like 85% in extreme cases in a few periods, it was capped at 75% up to a limit in the early periods, making it more like 50-60% at best in most cases. And it has been cut since then.

The idea was to keep small companies in business and paying wages through the pandemic instead of having them go out of business permanently and lay off everybody to go on to CERB and EI at a similar cost to the government. Most countries have a very similar program for small business, recognizing that it's a good policy.

The program became quite complex, and it was hard to get correct answers to questions, much like the complaints about the other government emergency programs. There was undoubtedly some small percentage of fraud, but more likely there was more misunderstanding and wrong information given out, much as has been publicized with CERB in recent weeks. The CRA hasn't done much in the way of auditing yet, but I'm sure they'll get around to it. Let's just hope the complexity and cost of it doesn't exceed the value of the program - an all-too-common occurrence with government assistance programs.
[OP]
Newbie
Nov 27, 2020
41 posts
79 upvotes
My fat fingers, lol! Yes. CEWS, I’ll post the link, it’s interesting because you enter a companies name and it instantly tells you if benefits were paid. It also could be a good tool for individuals who were laid off, since said company was paid to keep them on payroll.
I never took any government offered help, but I can tell you that in my instance that my bank sent me no less than 4 inquiries asking me if I wanted to apply. It was too easy for people to fraudulently collect money.
Deal Fanatic
Apr 5, 2013
5810 posts
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keenland
Serasera wrote: The CRA released the names of companies which received benefits. They are asking people if they feel any money was misused by companies to check the list available online for all companies that received money.
I hope the government nails them. I know my neighbours with the new Porsche and new boats didn’t come by them honestly.
where is this list?
Deal Fanatic
Apr 5, 2013
5810 posts
2958 upvotes
keenland
Serasera wrote: My fat fingers, lol! Yes. CEWS, I’ll post the link, it’s interesting because you enter a companies name and it instantly tells you if benefits were paid. It also could be a good tool for individuals who were laid off, since said company was paid to keep them on payroll.
I never took any government offered help, but I can tell you that in my instance that my bank sent me no less than 4 inquiries asking me if I wanted to apply. It was too easy for people to fraudulently collect money.
fraud?..how do you commit fraud when CRA has all your payroll info?? fake source deductions and such?..everyone (employers) gets a statement every month from CRA on source deductions and amounts submitted..sure this program will result i more profits for some , but that profit will be taxed..in my case, it allows me to keep my staff fully employed.

Are you an employer?....I really dont think you know what you are ranting against
Deal Fanatic
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Dec 10, 2004
6554 posts
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Vancouver
Serasera wrote: The CRA released the names of companies which received benefits. They are asking people if they feel any money was misused by companies to check the list available online for all companies that received money.
I hope the government nails them. I know my neighbours with the new Porsche and new boats didn’t come by them honestly.
You should post a link in the OP if it's more than a rant about a neighbor who has a Porsche and you are jealous. A friend of mine had a Porsche some time ago when he was in his early 20s. Got it for $35K while working as a restaurant server.
I use voice typing, expect mistakes...
[OP]
Newbie
Nov 27, 2020
41 posts
79 upvotes
I really don’t understand why I’m being pissed on. So many people took advantage of this great country. I am not jealous, I’m disgusting in people. There is lots of creative accounting that happened. If the Government didn’t also believe that, than I suppose it wouldn’t need to set up snitch lines.
The family on my street with the Porsche, couldn’t pay his next door neighbours for his share of a fence last year. This summer, they put in a pool and I’m sure it’s thanks to Trudeau.
Deal Addict
Jan 19, 2017
4418 posts
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dazz wrote: You should post a link in the OP if it's more than a rant about a neighbor who has a Porsche and you are jealous. A friend of mine had a Porsche some time ago when he was in his early 20s. Got it for $35K while working as a restaurant server.
He must have paid for it with his cash tips. I have read stories where CRA can match you assets, life style with your reported income to see if you under reported your income.
Deal Fanatic
May 22, 2003
6111 posts
3083 upvotes
Vancouver
You understand that the CEWS is available to all small businesses that were able to demonstrate the required drop in revenue. Just because a business experiences a drop in revenue doesn't necessarily mean they are unprofitable. By using the CEWS, the hope is that businesses would continue to hire employees rather than fire/furlough them to cut costs.
Sr. Member
Oct 17, 2008
586 posts
137 upvotes
Earth
Serasera wrote: I really don’t understand why I’m being pissed on. So many people took advantage of this great country. I am not jealous, I’m disgusting in people. There is lots of creative accounting that happened. If the Government didn’t also believe that, than I suppose it wouldn’t need to set up snitch lines.
The family on my street with the Porsche, couldn’t pay his next door neighbours for his share of a fence last year. This summer, they put in a pool and I’m sure it’s thanks to Trudeau.
I don't blame you for that. It's the tax dollars we all contributed...

For one...this is hitting those hard-working folks harder by having them paying off other people's credit card bills while some of the recipients remain living above their means... :rolleyes:
Deal Addict
User avatar
Nov 12, 2011
2835 posts
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Markham
And yet company forced us to take paycuts
Not buying something on sale ISN'T a crime, buying something not on sale IS.
Sr. Member
Oct 17, 2008
586 posts
137 upvotes
Earth
Don't be surprised if there are new petitions (like those of CERB) put out there to save those companies that committed fraud in collecting CEWS...LOL....What else is new in this corruption... :facepalm:
Deal Addict
Jan 21, 2018
4571 posts
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Vancouver
Serasera wrote: I never took any government offered help, but I can tell you that in my instance that my bank sent me no less than 4 inquiries asking me if I wanted to apply. It was too easy for people to fraudulently collect money.
That would likely have been the CEBA interest-free loan program, which was administered through EDC and your individual business bank. The banks would have some interest in that, but not in CEWS, which was run by the CRA.
Deal Guru
Feb 9, 2009
11006 posts
9491 upvotes
Serasera wrote: My fat fingers, lol! Yes. CEWS, I’ll post the link, it’s interesting because you enter a companies name and it instantly tells you if benefits were paid. It also could be a good tool for individuals who were laid off, since said company was paid to keep them on payroll.
I never took any government offered help, but I can tell you that in my instance that my bank sent me no less than 4 inquiries asking me if I wanted to apply. It was too easy for people to fraudulently collect money.
You should have at least taken CEBA... there was no minimum revenue requirements if you met the payroll minimum (or go the expenses route) -- you still had to be approved for it.... you got until dec 31st dont miss out on free money.

Blame the govt for not putting on tighter restrictions on the money...
Deal Fanatic
User avatar
Dec 10, 2004
6554 posts
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Vancouver
Serasera wrote: I really don’t understand why I’m being pissed on. So many people took advantage of this great country. I am not jealous, I’m disgusting in people. There is lots of creative accounting that happened. If the Government didn’t also believe that, than I suppose it wouldn’t need to set up snitch lines.
The family on my street with the Porsche, couldn’t pay his next door neighbours for his share of a fence last year. This summer, they put in a pool and I’m sure it’s thanks to Trudeau.
Probably because you included your neighbor and assumed he got his possessions illegally. Just sounded like jealousy the way you worded it. You don't know how he got his posessions, could be from 100s of legal sources. I know plenty of people who own boats and houses and nice cars and they all work SMART
I use voice typing, expect mistakes...

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