Close X
Saturday, November 30, 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

Canadians should wear masks to protect others when in public: Tam

Canadians should wear masks to protect others when in public: Tam
Canada's public health experts are now fully recommending Canadians wear non-medical face masks in public when they aren't sure they will be able to keep their distance from others.

Canadians should wear masks to protect others when in public: Tam

Despite pandemic, Trump muses about resuming plan for in-person G7 meetings

Despite pandemic, Trump muses about resuming plan for in-person G7 meetings
Donald Trump is contemplating whether to resurrect plans to host G7 leaders at the Camp David presidential retreat next month.

Despite pandemic, Trump muses about resuming plan for in-person G7 meetings

PM asks landlords to buy in to rent aid

PM asks landlords to buy in to rent aid
Prime Minister Justin Trudeau is asking Canada's commercial landlords to buy into a federal program launching next week that would give companies a break on the rent due in only a few days.

PM asks landlords to buy in to rent aid

As COVID-19 response ramps up, more scrutiny required: NDP's Singh

As COVID-19 response ramps up, more scrutiny required: NDP's Singh
As the Liberal government expands the financial supports designed to blunt the impact of the COVID-19 pandemic, NDP Leader Jagmeet Singh says his party wants more transparency on where those dollars are going.

As COVID-19 response ramps up, more scrutiny required: NDP's Singh

BC Businesses to Reopen | Malls, Restaurants & Hair Salons Open | Are We Ready ?

BC Businesses to Reopen | Malls, Restaurants & Hair Salons Open | Are We Ready ?
BC goes ahead with Phase 2 of re-opening of the economy

BC Businesses to Reopen | Malls, Restaurants & Hair Salons Open | Are We Ready ?

Mother of baby left outside a home in Port Coquitlam, B.C., has been found: RCMP

Mother of baby left outside a home in Port Coquitlam, B.C., has been found: RCMP
Mounties say they believe they've identified the mother of an infant that was apparently abandoned in Port Coquitlam, B.C.

Mother of baby left outside a home in Port Coquitlam, B.C., has been found: RCMP