Tuesday, December 30, 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

Health Systems Ramping Up To Deal With Potential Influx Of COVID-19 Cases

Health Systems Ramping Up To Deal With Potential Influx Of COVID-19 Cases
OTTAWA - While Canadians stay home in an effort to limit the spread of the novel coronavirus, officials are working behind the scenes to try to increase the health care system's capacity to fight the virus.    

Health Systems Ramping Up To Deal With Potential Influx Of COVID-19 Cases

WestJet Warning Recent Passengers Of Possible Exposure To COVID-19

WestJet Warning Recent Passengers Of Possible Exposure To COVID-19
CALGARY - WestJet Airlines says some of its passengers may have been exposed to people infected with the novel coronavirus on recent flights.    

WestJet Warning Recent Passengers Of Possible Exposure To COVID-19

Trump Confirms Canada-U.S. Border To Be Closed To Non-essential Travel

Trump Confirms Canada-U.S. Border To Be Closed To Non-essential Travel
The Canada-U.S. border will be closed to non-essential traffic in both directions "by mutual consent," the leaders of both countries confirmed Wednesday as efforts across the continent to contain the widening COVID-19 pandemic continued to upend daily life.    

Trump Confirms Canada-U.S. Border To Be Closed To Non-essential Travel

Trudeau Unveils $82B Covid-19 Emergency Response Package For Canadians, Businesses

The federal government will deploy up to $82 billion in direct spending and deferred taxes to help every Canadian get through the COVID-19 pandemic, Prime Minister Justin Trudeau said Wednesday.

Trudeau Unveils $82B Covid-19 Emergency Response Package For Canadians, Businesses

Financial Assistance On Way, Trudeau Assures Canadians

Trudeau told Canadians they all had a responsibility to help save lives over the coming weeks.

Financial Assistance On Way, Trudeau Assures Canadians

Quebec Delays Provincial Tax Deadlines, Says Move Will Free Up $7.7 Billion

Quebec Delays Provincial Tax Deadlines, Says Move Will Free Up $7.7 Billion
MONTREAL - Quebec's finance minister is delaying the deadline for individuals and businesses to pay their provincial taxes in order to ease financial pressure caused by the novel coronavirus.    

Quebec Delays Provincial Tax Deadlines, Says Move Will Free Up $7.7 Billion