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

World Isn't Ready For Coronavirus Outbreak, Says Canadian WHO Expert

OTTAWA - A renowned Canadian epidemiologist who led a team of experts to China to study the novel coronavirus on behalf of the World Health Organization says other countries are not ready for a global outbreak.    

World Isn't Ready For Coronavirus Outbreak, Says Canadian WHO Expert

All Canadians Evacuated From Wuhan Released From Quarantine At CFB Trenton

OTTAWA - Canada's top health official has released the final 195 Canadians and their families who were brought home from Wuhan, China after two weeks of observation for the novel coronavirus.    

All Canadians Evacuated From Wuhan Released From Quarantine At CFB Trenton

N.S. Liberal Budget Opens Spending Taps As Province Faces Slowing Economy

N.S. Liberal Budget Opens Spending Taps As Province Faces Slowing Economy
HALIFAX - With economic growth projected to flatten in 2020, Nova Scotia's Liberal government is opening the spending taps to fund roads and hospitals in its fifth consecutive balanced budget.

N.S. Liberal Budget Opens Spending Taps As Province Faces Slowing Economy

Canadian Organizations Grapple With Jean Vanier's Legacy After Sex Abuse Report

The release of a report that found non-profit founder Jean Vanier sexually abused at least six women sent a shock wave through the Canadian institutions associated with him, leaving many facing difficult decisions on how to disassociate from a man once considered a hero.

Canadian Organizations Grapple With Jean Vanier's Legacy After Sex Abuse Report

Surrey Hospital Foundation’s 5th Annual Gala Raises Over $1.35 Million in Support of Surgery at Surrey Memorial Hospital

On Saturday, February 22, 2020, 680 local business, community, medical, and philanthropic leaders attended the 5th Annual Celebration of Care Gala at Aria Banquet Centre in Surrey.

Surrey Hospital Foundation’s 5th Annual Gala Raises Over $1.35 Million in Support of Surgery at Surrey Memorial Hospital

Sen. Lynn Beyak Apologizes For Racist Letters, Says She'll Obey Ethics Report

Beyak rose in the Senate today to address the report, saying she will comply with the committee's recommendations.

Sen. Lynn Beyak Apologizes For Racist Letters, Says She'll Obey Ethics Report