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

COVID-19 pandemic adds risk to wildfire season: B.C. forests minister

COVID-19 pandemic adds risk to wildfire season: B.C. forests minister
The COVID-19 pandemic has increased the danger of British Columbia's wildfire season and the province's forests minister says public help is crucial to reducing fires.

COVID-19 pandemic adds risk to wildfire season: B.C. forests minister

B.C.'s minimum wage increase of 75 cents will go ahead as planned: minister

B.C.'s minimum wage increase of 75 cents will go ahead as planned: minister
There are no plans to defer a June 1 increase in British Columbia's minimum wage because of COVID-19, says the province's labour minister.

B.C.'s minimum wage increase of 75 cents will go ahead as planned: minister

TransLink's COVID-19 recovery adds routes, cleaning, urges passengers wear masks

TransLink's COVID-19 recovery adds routes, cleaning, urges passengers wear masks
The corporation overseeing Metro Vancouver's transportation network says it is restoring routes, enhancing cleaning and recommending passengers wear masks as B.C.'s COVID-19 restart begins.

TransLink's COVID-19 recovery adds routes, cleaning, urges passengers wear masks

Local legion honours victim, survivor of Snowbirds crash in Kamloops, B.C.

Local legion honours victim, survivor of Snowbirds crash in Kamloops, B.C.
Thousands of people tuned in online Thursday to hear the sombre sound of a bugle playing the Last Post and to take a moment of pause in remembrance of the victim of a Snowbirds plane crash.

Local legion honours victim, survivor of Snowbirds crash in Kamloops, B.C.

Loophole in relief funds could be exploited by scammers: NDP MP

Loophole in relief funds could be exploited by scammers: NDP MP
A loophole in the Canadian Emergency Response Benefit that doesn't prohibit people charging fees to help others get relief funds needs to be closed to prevent scams, an NDP MP says.

Loophole in relief funds could be exploited by scammers: NDP MP

Trudeau promises $75M more for off-reserve Indigenous services in pandemic

Trudeau promises $75M more for off-reserve Indigenous services in pandemic
Prime Minister Justin Trudeau says the federal government is sending $75 million to organizations that help Indigenous people living in urban areas and off reserves through the COVID-19 pandemic.

Trudeau promises $75M more for off-reserve Indigenous services in pandemic