Wednesday, December 31, 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

Peter Nygard Steps Down From Company Following Sex Assault Claims

NEW YORK - Canadian fashion mogul Peter Nygard is stepping down as chairman of his company following an FBI raid on his Manhattan headquarters over sex assault allegations.    

Peter Nygard Steps Down From Company Following Sex Assault Claims

New Brunswick Maintains Position On Abortions And Canada Health Act

New Brunswick Maintains Position On Abortions And Canada Health Act
The New Brunswick government is standing firm on its position that it's not violating the Canada Health Act by refusing to fund out-of-hospital abortions in the province.    

New Brunswick Maintains Position On Abortions And Canada Health Act

Groundhogs Got It Wrong: Spring Isn't Coming Soon, Weather Network Says

Groundhogs Got It Wrong: Spring Isn't Coming Soon, Weather Network Says
Two out of three groundhogs got it wrong — at least according to the Weather Network's spring forecast.    

Groundhogs Got It Wrong: Spring Isn't Coming Soon, Weather Network Says

Kenney Warns Cancelled Energy Projects Stand In The Way Of Indigenous Prosperity

Alberta Premier Jason Kenney is warning the province's $1-billion fund established last year to support Indigenous participation in major projects won't have any projects to back if the forces that helped kill the Frontier oilsands mining project this week continue to achieve their goals.

Kenney Warns Cancelled Energy Projects Stand In The Way Of Indigenous Prosperity

B.C. Residents In Wet'suwet'en Territory Have Right To Police Presence: Blair

Public Safety Minister Bill Blair says the Mounties have left an outpost on the road to a disputed natural-gas pipeline project in British Columbia, but he appears to dismiss the notion that police will move completely out of the vast Wet'suwet'en territory.

B.C. Residents In Wet'suwet'en Territory Have Right To Police Presence: Blair

Man Makes Surprise Guilty Plea At Start Of Second-degree Murder Trial In B.C.

Man Makes Surprise Guilty Plea At Start Of Second-degree Murder Trial In B.C.
KELOWNA, B.C. - A murder suspect startled his own lawyer when he pleaded guilty in a Kelowna, B.C., courtroom on Tuesday.

Man Makes Surprise Guilty Plea At Start Of Second-degree Murder Trial In B.C.