Close X
Sunday, November 24, 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

Police say Abbotsford, B.C., homicide targeted

Police say Abbotsford, B.C., homicide targeted
Investigators say a shooting that killed a 43-year-old man east of Vancouver on Friday night was likely targeted.

Police say Abbotsford, B.C., homicide targeted

PM: wage subsidy to be extended to December

PM: wage subsidy to be extended to December
The federal government is extending its program to subsidize wages in companies hit hard by the COVID-19 pandemic until December, Prime Minister Justin Trudeau said Monday.

PM: wage subsidy to be extended to December

8 positive tests: Four sites in Kelowna, B.C., now linked to COVID-19 exposures

8 positive tests: Four sites in Kelowna, B.C., now linked to COVID-19 exposures
Health officials are monitoring several cases of COVID-19 exposure in Kelowna, B.C., and say they've identified two more locations where people may have contracted the respiratory illness.

8 positive tests: Four sites in Kelowna, B.C., now linked to COVID-19 exposures

Toronto Police need your help in locating missing 23 year old Arvinder Bhullar

Toronto Police need your help in locating missing 23 year old Arvinder Bhullar
The Toronto Police Service is requesting the public’s assistance in locating a missing man. Arvinder Bhullar, 23, was last seen on Thursday, July 9, 2020, at approximately 6 p.m., in the Martin Grove Road and Steeles Avenue West area.

Toronto Police need your help in locating missing 23 year old Arvinder Bhullar

Canadian economy adds 953,000 jobs in June

Canadian economy adds 953,000 jobs in June
Nearly one million more Canadians had jobs in June, Statistics Canada says, as businesses forced to close by the pandemic began to reopen and the country continued to recoup steep losses over March and April.

Canadian economy adds 953,000 jobs in June

Canada asks U.K. to help fly troops to Latvia

Canada asks U.K. to help fly troops to Latvia
Canadian troops have been forced to hitch a ride with the British military to get to and from Latvia due to a shortage of working planes.

Canada asks U.K. to help fly troops to Latvia