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

N.S. RCMP use warrants to find killer's cellphone, computer and other devices

N.S. RCMP use warrants to find killer's cellphone, computer and other devices
As police continue their investigation into a mass killing that claimed 22 lives last month in rural Nova Scotia, newly released documents reveal the RCMP recently seized and searched the killer's computer, cellphone, tablet and navigation devices.

N.S. RCMP use warrants to find killer's cellphone, computer and other devices

Payments for CERB top $40 billion as feds open doors for commercial rent help

Payments for CERB top $40 billion as feds open doors for commercial rent help
A key federal benefit for Canadians out of work, or seeing large drops in their earnings, in the COVID-19 pandemic has paid out over $40 billion in emergency aid.

Payments for CERB top $40 billion as feds open doors for commercial rent help

B.C. needs change to keep cyber threats out of its election process: report

B.C. needs change to keep cyber threats out of its election process: report
British Columbia's chief electoral officer is recommending the government make several changes to protect the provincial electoral process from foreign interference, misleading advertising and impersonation.

B.C. needs change to keep cyber threats out of its election process: report

Charges laid in pipeline protest outside B.C. Premier John Horgan's home

Charges laid in pipeline protest outside B.C. Premier John Horgan's home
The BC Prosecution Service says it has appointed a special prosecutor to oversee charges against three people in relation to allegations of mischief and trespass at the home of Premier John Horgan.

Charges laid in pipeline protest outside B.C. Premier John Horgan's home

Online games could be source of money laundering, B.C. public inquiry hears

Online games could be source of money laundering, B.C. public inquiry hears
A public inquiry into money laundering in British Columbia has heard that cash is still king but cryptocurrencies and other virtual trade could rise as a trend.

Online games could be source of money laundering, B.C. public inquiry hears

Air Canada Announces New Schedule Offering Customers Wide Choice of Destinations for Safe Travel this Summer and Expands Goodwill Policy

Air Canada Announces New Schedule Offering Customers Wide Choice of Destinations for Safe Travel this Summer and Expands Goodwill Policy
Air Canada is offering customers a choice of nearly 100 destinations in Canada, the U.S. and around the world with an abridged schedule this summer.

Air Canada Announces New Schedule Offering Customers Wide Choice of Destinations for Safe Travel this Summer and Expands Goodwill Policy