OTTAWA — Prime Minister Justin Trudeau says a federal wage subsidy for workers in businesses hit laborious by COVID-19 will closing now not lower than till the pause of August.
The subsidy used to be enlighten to bustle out within the first week of June, easiest a couple of weeks after the first funds rolled out.
Trudeau says the basis is to provide employers extra runway and self belief to resume operations slowly within the event that they must.
Finance Minister Invoice Morneau is to showcase facts of a broadening of the program later this day.
Trudeau furthermore says the authorities will make adjustments to the program, along side changes to the brink for the blueprint in which remarkable qualifying corporations’ revenues will deserve to hold declined, to be obvious that employers can procure entry to the aid as industrial kicks aid up.
The subsidy covers 75 per cent of wages for employers that hold seen bewitching declines in income since the unconventional coronavirus pandemic hit Canada laborious in March, as much as $847 per employee, per week.
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