Close X
Monday, November 25, 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

TV, online ads, take lion's share of party election spending, new reports show

TV, online ads, take lion's share of party election spending, new reports show
Campaign ads on social media and digital media websites are coming close to rivalling television in spending on election advertising by some of Canada's major political parties, new reports show.

TV, online ads, take lion's share of party election spending, new reports show

Tory MP fires student after allegation of theft from O'Toole campaign

Tory MP fires student after allegation of theft from O'Toole campaign
A Conservative MP from Calgary has fired a summer student working in his office following allegations that someone stole campaign data from party leadership contender Erin O'Toole.

Tory MP fires student after allegation of theft from O'Toole campaign

Mississauga mayor calls for police reform after fatal officer-involved shooting

Mississauga mayor calls for police reform after fatal officer-involved shooting
The mayor of Mississauga, Ont., has called for police reform following the death of a 62-year-old man with schizophrenia who was shot by police.

Mississauga mayor calls for police reform after fatal officer-involved shooting

Eight more weeks of CERB to cost $17.9 billion, budget officer says

Eight more weeks of CERB to cost $17.9 billion, budget officer says
The parliamentary budget officer estimates in a new report that it will cost the federal government $17.9 billion to provide eight extra weeks of payments through the Canada Emergency Response Benefit.

Eight more weeks of CERB to cost $17.9 billion, budget officer says

Margaret Wente resigns contentious Toronto college appointment after uproar

Margaret Wente resigns contentious Toronto college appointment after uproar
Former Globe and Mail columnist Margaret Wente has resigned a contentious appointment with a Toronto college after facing fierce opposition from students and staff.

Margaret Wente resigns contentious Toronto college appointment after uproar

Indigenous women's group wants RCMP action to end 'needless deaths'

Indigenous women's group wants RCMP action to end 'needless deaths'
A national group representing Indigenous women is urging the RCMP to quickly take steps — including equipping Mounties with body cameras — to end what it calls needless killing and assaults by police.

Indigenous women's group wants RCMP action to end 'needless deaths'