Close X
Wednesday, November 27, 2024
ADVT 
National

Morneau to unveil wage subsidy changes

Darpan News Desk The Canadian Press, 17 Jul, 2020 05:00 PM
  • Morneau to unveil wage subsidy changes

Finance Minister Bill Morneau will outline today how the federal government is reshaping its emergency wage-subsidy program that has been extended to the end of the year.

The program is the heart of the Liberals' promise to help Canadians get back to work, even if has to be at a slower pace, as the pandemic wanes.

Morneau's fiscal update last week boosted the budget for the program to $82.3 billion from $45 billion in a sign of impending changes.

He has scheduled a news conference this afternoon at a restaurant in Toronto to make the announcement Prime Minister Justin Trudeau teased Thursday.

The government has been under pressure to ease eligibility rules, specifically around the requirement of a 30 per cent drop in revenues, so more companies under that cut-off can qualify.

The most recent federal figures for the program show the government has given almost $20.4 billion in payroll help to about 262,200 companies.

MORE National ARTICLES

RCMP investigating burned truck, theft of fuel at Trans Mountain work site

RCMP investigating burned truck, theft of fuel at Trans Mountain work site
The RCMP says it's investigating a suspicious blaze and alleged vandalism at a Trans Mountain pipeline work site near Merritt, B.C.

RCMP investigating burned truck, theft of fuel at Trans Mountain work site

Premier says B.C. legislature could look like 'Hollywood Squares' next month

Premier says B.C. legislature could look like 'Hollywood Squares' next month
Efforts to prevent the spread of COVID-19 means the British Columbia legislature will look and operate much differently next month when politicians return for a brief sitting. Premier John Horgan says he expects the legislature will resume either June 15 or June 22 to pass the budget and several pieces of legislation.

Premier says B.C. legislature could look like 'Hollywood Squares' next month

North American and European airlines are seeing an increase in bookings

North American and European airlines are seeing an increase in bookings
Some great news for those who love to travel. Airlines are seeing an increase in bookings worldwide. Find out which airlines around the world have opened up travel even though COVID-19 continues.

North American and European airlines are seeing an increase in bookings

Nearly 600 campers moved into temporary housing amid COVID-19: B.C. government

Nearly 600 campers moved into temporary housing amid COVID-19: B.C. government
The B.C. government says plans to move people camped at several parks in Vancouver and Victoria into temporary housing amid the COVID-19 pandemic have been successful.

Nearly 600 campers moved into temporary housing amid COVID-19: B.C. government

Four suspects in custody following Bridgeview shooting

Four suspects in custody following Bridgeview shooting
Four suspects have been taken into custody by Surrey RCMP following a confirmed shooting in the Bridgeview area. On May 18, 2020 at approximately 3:30 pm, Surrey RCMP responded to reports of the sound of a gun shot coming from a residence in the 12900-block 111 Avenue.

Four suspects in custody following Bridgeview shooting

Canadian snowpack gets thinner every decade: Environment Canada study

Canadian snowpack gets thinner every decade: Environment Canada study
It may not feel like it the morning after a blizzard, but Canada gets less snow than it used to. That's the conclusion of a 15-year study from scientists at Environment Canada, who have just published the most precise estimate yet of snowfall around the world.

Canadian snowpack gets thinner every decade: Environment Canada study