Sunday, December 28, 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

Perminder Chohan Named Executive Producer on Upcoming It’s Happening Right Here Documentary

Perminder Chohan joined the Emmy® Award Winning DNA Films crew for a day of principle filming in San Diego in late January.    

Perminder Chohan Named Executive Producer on Upcoming It’s Happening Right Here Documentary

Politics In The Time Of COVID-19: Campaigns In Canada, U.S. Pivot Amid Outbreak

OTTAWA - The ongoing spread of the novel coronavirus is forcing political campaigns on either side of the Canada-U.S. border to consider changing their plans.

Politics In The Time Of COVID-19: Campaigns In Canada, U.S. Pivot Amid Outbreak

Several Hospitalized After Suspected Carbon Monoxide Leak At Quebec High School

Several Hospitalized After Suspected Carbon Monoxide Leak At Quebec High School
A high school north of Montreal was evacuated and at least a dozen people have been taken to hospital after a suspected carbon monoxide leak.

Several Hospitalized After Suspected Carbon Monoxide Leak At Quebec High School

Gas-Powered Vehicles Contribute More To City Pollution Than Thought: Research

Gas-Powered Vehicles Contribute More To City Pollution Than Thought: Research
Research suggests cars and other gasoline-powered vehicles are responsible for a share of two highly toxic contaminants in downtown city air that's at least five times larger than previously thought.    

Gas-Powered Vehicles Contribute More To City Pollution Than Thought: Research

The Latest Developments On COVID-19 In Canada

The Latest Developments On COVID-19 In Canada
The latest news on the novel coronavirus and the illness dubbed COVID-19 (all times Eastern):    

The Latest Developments On COVID-19 In Canada

New Coronavirus Outbreak Affecting Canadians' March Break Travel Plans

TORONTO - Cindy Perry was all set for a March break trip to California with her wife and their two children, but the novel coronavirus outbreak that is sweeping the globe made her reconsider her plans.    

New Coronavirus Outbreak Affecting Canadians' March Break Travel Plans