FILE – Prime Minister Justin Trudeau addresses Canadians on the COVID-19 pandemic from Rideau Cottage in Ottawa on Thursday, March 26, 2020. THE CANADIAN PRESS/Sean Kilpatrick

FILE – Prime Minister Justin Trudeau addresses Canadians on the COVID-19 pandemic from Rideau Cottage in Ottawa on Thursday, March 26, 2020. THE CANADIAN PRESS/Sean Kilpatrick

Liberals delay release of 75% wage subsidy details, costs: Morneau

Program will provide up to $847 per week for each worker

Editor’s note: The details have now been released. You can read the story here: Canada’s 75% wage subsidy is coming, but not for another six weeks.

Canadians won’t get any details Tuesday (March 31) about the eagerly awaited wage subsidy program announced on Friday (March 27), despite the prime minister’s promise of more details.

The recently announced wage subsidy for COVID-19 affected businesses has expanded to all Canadian companies and charities that have seen at least a 30 per cent drop in revenues, Prime Minister Justin Trudeau told Canadians Monday.

Trudeau made the announcement from the steps of Rideau Cottage on Monday (March 30), where he remains in self-isolation. Finance Minister Bill Morneau was expected to announce details and costs Tuesday, but that press conference has been moved to Wednesday.

Companies who qualify for the Canada Emergency Wage Subsidy will be able to get 75 per cent of each employee’s salary covered, on the first $58,700 earned this year, Trudeau said. This amounts to a maximum $847 per week, he noted. The program will be backdated to March 15.

“The number of employees you have will not determine whether or not you get this support,” he said. “It will apply to non-profit organizations and charities, as well as companies both big and small.”

Trudeau urged companies that could top up employee salaries the additional 25 per cent to do so.

“We are trusting you to do the right thing,” he said.

The prime minister said there would be “serious consequences” for any companies that try to game the system, although he did not expand on what that would entail. A verification system will be set up before the program is rolled out and Trudeau said Finance Minister Bill Morneau would announce more details on Tuesday (March 31).

The wage subsidy is one of several programs introduced by the federal government. Trudeau has also promised $2,000 to coronavirus-affected workers who have been laid off, or cannot work, due to the pandemic. That application portal is scheduled to be available on April 6.

Trudeau said more measures to help business could be unveiled as the situation unfolds but did not commit to specific aid to help businesses pay rent on April 1.

At a press conference following the prime minister’s address, Deputy Minister Chrystia Freeland said Ottawa was working hard to work out any issues.

“I really apologize, sincerely, for some of the kinks in these systems,” Freeland said.

As of Monday morning, there were 6,671 confirmed COVID-19 cases and 66 deaths in Canada. There have been more than 220,000 tests done.

READ MORE: Trudeau announces 75% wage subsidy for small businesses amid COVID-19

READ MORE: Trudeau unveils new $2,000 per month benefit to streamline COVID-19 aid


@katslepian

katya.slepian@bpdigital.ca

Like us on Facebook and follow us on Twitter.

Coronaviruseconomy

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

An aerial shot of Cedar Valley Lodge this past August, LNG Canada’s newest accommodation for workers. This is where several employees are isolating after a COVID-19 outbreak was declared last Thursday (Nov. 19). (Photo courtesy of LNG Canada)
Forty-one positive COVID-19 cases associated with the LNG Canada site outbreak

Thirty-four of the 41 cases remain active, according to Northern Health

Cases have gone up in Northern Health in the past week, as they have all over B.C. (K-J Millar/Black Press Media)
Northern Health reports new highest number of COVID-19 cases in one day

Nineteen cases were reported to Public Health last Tuesday (Nov. 17)

FILE – British Columbia provincial health officer Dr. Bonnie Henry wears a face mask as she views the Murals of Gratitude exhibition in Vancouver, on Friday, July 3, 2020. THE CANADIAN PRESS/Darryl Dyck
Masks now mandatory in all public indoor and retail spaces in B.C.

Many retailers and businesses had voiced their frustration with a lack of mask mandate before

(Photo courtesy of LNG Canada)
An aerial shot of Cedar Valley Lodge this past August, LNG Canada’s newest accommodation for workers. This is where several employees are isolating after a COVID-19 outbreak was declared Thursday.
COVID-19 outbreak at LNG Canada Project site

14 employees have tested positive for COVID-19 at this time

A man has been arrested after a Nov. 11 break and enter at the Sandspit Airport, Queen Charlotte RCMP said in a media release on. Nov 17. (Black Press Media files)
Man arrested after Nov. 11 break and enter at local airport

Queen Charlotte RCMP investigate recent spate of break and enters

People wearing face masks to help curb the spread of COVID-19 cross a street in downtown Vancouver, on Sunday, November 22, 2020. The use of masks is mandatory in indoor public and retail spaces in the province. THE CANADIAN PRESS/Darryl Dyck
B.C. reports 17 COVID deaths, 1,933 new cases as hospitalizations surge over the weekend

There are 277 people in hospital, of whom 59 are in ICU or critical care

Prime Minister Justin Trudeau speak to the media about the COVID-19 virus outside Rideau Cottage in Ottawa, Friday, Nov. 20, 2020. THE CANADIAN PRESS/Adrian Wyld
Canada’s inability to manufacture vaccines in-house will delay distribution: Trudeau

First doses of COVID-19 vaccine expected in first few months of 2021, prime minister says

Phillip Tallio was just 17 when he was convicted of murder in 1983 (file photo)
Miscarriage of justice before B.C. teen’s 1983 guilty plea in girl’s murder: lawyer

Tallio was 17 when he pleaded guilty to second-degree murder in the death of his 22-month-old cousin

This undated photo issued by the University of Oxford shows of vial of coronavirus vaccine developed by AstraZeneca and Oxford University, in Oxford, England. Pharmaceutical company AstraZeneca said Monday Nov. 23, 2020, that late-stage trials showed its coronavirus vaccine was up to 90% effective, giving public health officials hope they may soon have access to a vaccine that is cheaper and easier to distribute than some of its rivals. (University of Oxford/John Cairns via AP)
VIDEO: How do the leading COVID vaccines differ? And what does that mean for Canada?

All three of the drug companies are incorporating novel techniques in developing their vaccines

7-year-old Mackenzie Hodge from Penticton sent a hand-written letter to premiere John Horgan asking if she’d be able to see her elf, Ralph under the new coronavirus restrictions. (John Horgan / Twitter)
Elf on the shelf an acceptable house guest, B.C. premier tells Penticton girl

A 7-year-old from Penticton penned a letter asking if she’d be allowed to see her elf this year

Workers arrive at the Lynn Valley Care Centre seniors home, in North Vancouver, B.C., on Saturday, March 14, 2020. It was the site of Canada’s first COVID-19 outbreak in a long-term care facility. THE CANADIAN PRESS/Darryl Dyck
Rapid tests ‘not a panacea’ for care homes, Dr. Bonnie Henry says

B.C. lacks capacity for daily tests of thousands of workers

Join Black Press Media and Do Some Good
Join Black Press Media and Do Some Good

Pay it Forward program supports local businesses in their community giving

(Delta Police Department photo)
Cannabis edibles found in Halloween bag lead B.C. police to illegal lab

Delta police arrested a man and a woman while executing a warrant at a residential property Nov. 20

A woman being arrested at a Kelowna Value Village after refusing to wear a mask on Nov. 22.(@Jules50278750/Twitter)
VIDEO: Woman arrested for refusing to wear mask at Kelowna Value Village

RCMP claims the woman was uncooperative with officers, striking them a number of times and screaming

Most Read