Government Introduces COVID-19 Emergency Response Act, No. 2 to Help Businesses Keep Canadians in their Jobs
The Government of Canada is taking immediate, significant and decisive action to support Canadians and businesses facing hardship as a result of the global COVID-19 outbreak. Today, Finance Minister Bill Morneau introduced in Parliament Bill C-14, the COVID-19 Emergency Response Act, No. 2, which, upon receiving Royal Assent, would bring this measure into law. The […]
Parliament passes $73-billion COVID-19 wage subsidy bill
The House of Commons has approved a massive $73-billion wage subsidy program aimed at helping businesses and workers survive the economic ravages of the COVID-19 pandemic. A bill to implement what Prime Minister Justin Trudeau called the most significant economic program since the Second World War was passed Saturday “on division” after some six hours […]
Launch of the Canada Emergency Business Account
Finance Minister Bill Morneau and Mary Ng, Minister of Small Business, Export Promotion and International Trade, issued the following statement: “Starting today, small business owners can apply for support from the Canada Emergency Business Account through their banks and credit unions. Businesses should access the Canada Emergency Business Account through their primary lender, where they […]
Government provides further flexibility for employers to access the Canada Emergency Wage Subsidy
The Government of Canada is taking immediate, significant and decisive action to support Canadians and employers facing hardship as a result of the global COVID-19 outbreak. Today, Finance Minister Bill Morneau provided further details on the eligibility criteria for businesses to access the Canada Emergency Wage Subsidy (CEWS). These details will ensure that the proposed […]
Ottawa boosts student job wage subsidy to 100% as March unemployment data expected to shatter record
The federal government is beefing up a program to encourage businesses to hire students for summer work by promising to cover 100 per cent of the costs. The Canada Summer Jobs Program is a previously existing program that under normal circumstances will subsidize employers to hire students by paying up to half of whatever the […]
The new COVID-19 benefit for workers has launched: Here’s how to apply
The federal government has, as of April 6, started accepting applications for the new Canada Emergency Response Benefit for workers affected by the coronavirus pandemic. CERB pays $2,000 every four weeks for up to four months to workers who have lost all of their income as a result of COVID-19. The benefit is open both […]
Ontario Joins Forces with the Private Sector to Fight COVID-19
New $50 million Ontario Together Fund will support the development of essential equipment and supplies. To stop the spread of COVID-19 and keep people safe, the Ontario government is launching a new $50 million Ontario Together Fund to help businesses provide innovative solutions or retool their operations in order to manufacture essential medical supplies and […]
Federal Government Provides New Details of 75% Wage Subsidy and Loan Program
The Federal Government increased the 10% wage subsidy for small and medium-sized businesses adversely affected by COVID-19 to a 75% wage subsidy for qualifying businesses. The announced subsidy is intended to be backdated to March 15, 2020. READ MORE>
Prime Minister announces support for small businesses facing impacts of COVID‑19
Backdated to March 15, the federal government will now subsidize 75 percent of payroll for small and medium-sized businesses deemed eligible. READ MORE >
The Government of Ontario is providing electricity rate relief for families, small businesses and farms for 45 days
To support Ontarians through the rapidly evolving COVID-19 situation, the Government of Ontario is providing immediate electricity rate relief for families, small businesses and farms paying time-of-use (TOU) rates. READ MORE >