Monday, December 29, 2025
ADVT 
National

Morneau to unveil wage subsidy changes

Darpan News Desk The Canadian Press, 17 Jul, 2020 05:00 PM
  • Morneau to unveil wage subsidy changes

Finance Minister Bill Morneau will outline today how the federal government is reshaping its emergency wage-subsidy program that has been extended to the end of the year.

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.

He has scheduled a news conference this afternoon at a restaurant in Toronto to make the announcement Prime Minister Justin Trudeau teased Thursday.

The government has been under pressure to ease eligibility rules, specifically around the requirement of a 30 per cent drop in revenues, so more companies under that cut-off can qualify.

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.

MORE National ARTICLES

Feds Seeking Lower Credit-card Interest Rates Over COVID-19

Feds Seeking Lower Credit-card Interest Rates Over COVID-19
OTTAWA - The federal government is asking banks and credit-card companies to lower interest rates on Canadians struggling financially because of the COVID-19 pandemic.    

Feds Seeking Lower Credit-card Interest Rates Over COVID-19

Top Court To Hear Fight Over Premier Doug Ford's Deep Cuts To Toronto Council

Top Court To Hear Fight Over Premier Doug Ford's Deep Cuts To Toronto Council
TORONTO - Canada's highest court agreed on Thursday to hear Toronto's challenge to a unilateral decision by Ontario Premier Doug Ford that slashed the size of city council midway through the last municipal election.    

Top Court To Hear Fight Over Premier Doug Ford's Deep Cuts To Toronto Council

What You Need To Know About The Quarantine Act As Isolation Becomes Mandatory For Returning Travellers

Canada is making unprecedented use of the federal Quarantine Act in a bid to curb the spread of the COVID-19 pandemic. The order, which went into effect early Wednesday

What You Need To Know About The Quarantine Act As Isolation Becomes Mandatory For Returning Travellers

Feds Plan $30M Ad Buy To Help Media Deal With Covid-19 Fallout

OTTAWA - The federal government announced Wednesday that it is planning a $30-million COVID-19 awareness advertising campaign and moving closer to implementing long-promised tax credits for newspapers as it seeks to support Canada's struggling media industry during the pandemic.

Feds Plan $30M Ad Buy To Help Media Deal With Covid-19 Fallout

Next Phase Of Conservative Party Leadership Race Set To Get Underway

OTTAWA - The Conservative party is gearing up for the next phase of its leadership race, a contest taking place in unprecedented times.    

Next Phase Of Conservative Party Leadership Race Set To Get Underway

Facts About The Canada Emergency Response Benefit

Ottawa announced Wednesday the Canada Emergency Response Benefit intended to quickly get cash to workers who need it and support their employers. Here's a look at how the program is going to work.

Facts About The Canada Emergency Response Benefit