Can a qualifying entity apply for a lesser amount than the amount for which it is eligible under s. 125.7(2)? CRA responded:
Variable A of the formula [in s. 125.7(2)] calculates the total of all amounts, each of which is for an eligible employee in respect of a week in a qualifying period. It essentially provides a calculation for any eligible employee, in respect of a week in a qualifying period, subject to the application of a specific paragraph which depends on the qualifying period in question.
Therefore, as the amount is calculated for an eligible employee in respect of a week in the qualifying period, it is our view that the qualifying entity has discretion to claim a lesser amount in its application by excluding any employees from the wage subsidy calculation under subsection 125.7(2) … .