Friday, December 26, 2025
ADVT 
National

Liberals revise wage-subsidy program

Darpan News Desk The Canadian Press, 17 Jul, 2020 09:59 PM
  • Liberals revise wage-subsidy program

Finance Minister Bill Morneau says the Liberals are easing eligibility rules for the government's emergency wage subsidy and changing the amounts businesses can receive.

The government had been under pressure to make the subsidy more accessible, specifically by loosening the requirement of a 30 per cent drop in revenues, so more companies under that cut-off can qualify.

Speaking in Toronto, Morneau says the rules will be changed so amounts paid out will be proportional to revenue declines due to the COVID-19 pandemic.

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 and an extension beyond this summer.

Morneau says the program will now end Dec. 19.

He's hoping the extension will give companies confidence to rehire workers, knowing what the rules are and that the program will be around for longer.

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.

The government's proposed changes to the wage subsidy are part of a bill that will be debated next week when the House of Commons sits, including a one-time disability payment and extensions to some court deadlines that were both in a bill that failed to pass the Commons in June.

Speaking in Ottawa on Friday afternoon, Employment Minister Carla Qualtrough said the bill will widen the number of recipients from those receiving a disability tax credit to include those receiving Canada Pension Plan disability payments or supports from Veterans Affairs Canada.

Each would receive a $600 one-time, tax-free payment, she said.

The legislation proposes offering the payment to anyone who applies for the disability tax credit within 60 days of Parliament approving the bill.

"This financial support matters. Canadians with disabilities can have confidence that we will bring this project past the finish line," said Qualtrough, who has responsibility for disability issues.

MORE National ARTICLES

New Nursing Home Cluster Amid Rising Covid Deaths And Economic Gloom

TORONTO - The steadily growing case load of COVID-19 infections in Canada surpassed 4,000 and the death toll shot up on Friday amid questions about fatalities that may not be counted as resulting from the pandemic.    

New Nursing Home Cluster Amid Rising Covid Deaths And Economic Gloom

Federal Deficit To Top $112 Billion In Coming Year Due To Covid-19, PBO Says

OTTAWA - Parliament's budget watchdog is projecting that the federal deficit for the coming fiscal year could be $112.7 billion, a jump of $89.5 billion from previous forecasts as government spending climbs to combat the economic fallout from COVID-19.    

Federal Deficit To Top $112 Billion In Coming Year Due To Covid-19, PBO Says

Canadian Family Rides Out Covid-19 Pandemic On Remote Tropical Island

Canadian Family Rides Out Covid-19 Pandemic On Remote Tropical Island
TORONTO - A Canadian family on a round-the-world trip plans to ride out the COVID-19 pandemic on a remote tropical island in the South Pacific despite the risk of dengue fever.    

Canadian Family Rides Out Covid-19 Pandemic On Remote Tropical Island

BC Farmers’ Markets Online Opening Soon

The B.C. government is providing $55,000 to the BCAFM to cover fees for individual farmers markets to join the online platform and set up their digital market store presence. Each participating farmers market will create its own virtual market store to best serve its communities.    

BC Farmers’ Markets Online Opening Soon

Chilliwack Homicide Victim ID'd; Info Sought From Witnesses

Chilliwack Homicide Victim ID'd; Info Sought From Witnesses
The Integrated Homicide Investigation Team (IHIT) is calling on the public to help further the ongoing investigation of the homicide of Stuart Schellenberg in Chilliwack, B.C.    

Chilliwack Homicide Victim ID'd; Info Sought From Witnesses

Vancouver Police Say They're Working To Prevent Property Crime

Vancouver Police are taking significant measures to combat property crime while local and provincial measures are in place to address the spread of COVID-19.

Vancouver Police Say They're Working To Prevent Property Crime