Close X
Tuesday, November 26, 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

BC's Health Minister Adrian Dix gives us the latest on COVID-19

BC's Health Minister Adrian Dix gives us the latest on COVID-19
Darpan's social media host Ish Sharma spoke to BC Health Minister Adrian Dix regarding testing for COVID19, PPE shortage, opening of schools, long term care home outbreaks, and cancellation of surgeries. 

BC's Health Minister Adrian Dix gives us the latest on COVID-19

Missing South Asian senior 88 year old man found dead in a wooded area in Delta

Missing South Asian senior 88 year old man found dead in a wooded area in Delta
Missing South Asian senior 88 year old Jarnail Sanghera who was last on May 15th found dead Sunday Night. According to Delta police in the tweet below his body was found in a wooded aread off Swenson & Nordel way. 

Missing South Asian senior 88 year old man found dead in a wooded area in Delta

Liberal offer on sick leave good start, but action needed: NDP

Liberal offer on sick leave good start, but action needed: NDP
Jagmeet Singh says Prime Minister Justin Trudeau's promise to work with provinces to give workers paid sick leave is a good start, but more action is needed before federal New Democrats will agree to suspend full sittings of the House of Commons through the summer.

Liberal offer on sick leave good start, but action needed: NDP

Gathering limits make it a 'great time to be building a pipeline:' Alberta minister

Gathering limits make it a 'great time to be building a pipeline:' Alberta minister
Alberta's energy minister says it's a good time to build a pipeline because public health restrictions limit protests against them.

Gathering limits make it a 'great time to be building a pipeline:' Alberta minister

Trudeau, Singh pressed on parties' decisions to access COVID-19 wage subsidy

Trudeau, Singh pressed on parties' decisions to access COVID-19 wage subsidy
Prime Minister Justin Trudeau faced multiple questions Monday on why his party applied for a federal wage subsidy program for organizations facing economic hardship due to COVID-19.

Trudeau, Singh pressed on parties' decisions to access COVID-19 wage subsidy

Guy Laliberte wants to buy back Cirque du soleil, keep headquarters in Montreal

Guy Laliberte wants to buy back Cirque du soleil, keep headquarters in Montreal
Cirque du soleil founder Guy Laliberte says he wants to buy back the internationally celebrated circus company he created more than 35 years ago.

Guy Laliberte wants to buy back Cirque du soleil, keep headquarters in Montreal