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

Alberta businesswoman named lieutenant-governor, first Muslim in role in Canada

Alberta businesswoman named lieutenant-governor, first Muslim in role in Canada
Prime Minister Justin Trudeau has named business owner and philanthropist Salma Lakhani as Alberta's new lieutenant-governor. When she formally takes over the role, Lakhani will become Canada's first Muslim lieutenant-governor.

Alberta businesswoman named lieutenant-governor, first Muslim in role in Canada

COVID-19 not changing Canada Day: poll

COVID-19 not changing Canada Day: poll
COVID-19 means the true north is not entirely free this Canada Day, but a new survey suggests that's not going to change how many people mark the holiday.

COVID-19 not changing Canada Day: poll

Economy posts record plunge in April

Economy posts record plunge in April
The full impact of sweeping economic lockdowns meant to slow the spread of COVID-19 came into sharper view, with new figures showing Canada saw the largest monthly drop on record in April as the country came to a near standstill.

Economy posts record plunge in April

Indigenous groups share Canada Day frustrations

Indigenous groups share Canada Day frustrations
Canada Day comes this year as Indigenous Peoples absorb reports of confrontations between the police and Aboriginal people, as well as accusations of systemic racism in British Columbia's health-care system.

Indigenous groups share Canada Day frustrations

Conditions dire for B.C. orchardists: association

Conditions dire for B.C. orchardists: association
The association says a survey of its members shows more than 67 per cent of farmers have reduced fruit production because of uncertainties linked to the pandemic.

Conditions dire for B.C. orchardists: association

Probe raises issues after fatal Tofino plane crash

Probe raises issues after fatal Tofino plane crash
An investigation into a fatal plane crash north of Tofino, B.C., last December has raised potential safety issues for other pilots.

Probe raises issues after fatal Tofino plane crash