Deputy Prime Minister Chrystia Freeland listens to Minister of Finance Bill Morneau as he speaks at a press conference on COVID-19 at West Block on Parliament Hill in Ottawa, on Wednesday, March 25, 2020. THE CANADIAN PRESS/Justin Tang

Deputy Prime Minister Chrystia Freeland listens to Minister of Finance Bill Morneau as he speaks at a press conference on COVID-19 at West Block on Parliament Hill in Ottawa, on Wednesday, March 25, 2020. THE CANADIAN PRESS/Justin Tang

Crucial details of Ottawa’s proposed wage subsidy program expected today

The government has rolled out a bailout package totalling more than $200 billion

Businesses and employees across Canada reeling from the COVID-19 crisis are expected to hear more about Ottawa’s proposed wage subsidy program today.

When the federal government announced on Friday that it was boosting the subsidy to 75 per cent from the original 10 per cent, Prime Minister Justin Trudeau said he hoped the details would be hammered out by Monday.

The unprecedented measures being taken to try to slow the spread of the new coronavirus have severely impacted the national economy resulting in staggering job losses.

The government has responded, so far, by rolling out a bailout package totalling more than $200 billion. However, in a letter to the prime minister on Sunday NDP Leader Jagmeet Singh urged further action to ensure that people who have lost their jobs don’t also lose their homes when rent and mortgage payments come due on Apr. 1.

Meanwhile, the federal government’s new restrictions on domestic air and inter-city passenger rail traffic go into effect at noon today. Staff at the airlines and railways will be tasked with screening passengers and barring those exhibiting any symptoms of the novel coronavirus from boarding.

Another 665 COVID-19 cases were reported in Canada Sunday, pushing the national total to 6,320, including 66 deaths and 485 cases resolved.

And while government officials in Quebec and B.C. have said there are indications social distancing efforts may be paying off in slowing the rampant march of the virus, Canada’s chief public health officer says it’s still too early to make that call. On Sunday Dr. Theresa Tam said this week will be “very, very important” for her in terms of looking at those trends. But in the meantime, she again urged Canadians to continue to physically distance themselves from others.

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

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

The Canadian Press


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)
41 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

A man wearing a face mask to help curb the spread of COVID-19 walks in downtown Vancouver, B.C., Sunday, Nov. 22, 2020. The use of masks is mandatory in indoor public and retail spaces in the province. THE CANADIAN PRESS/Darryl Dyck
B.C. records deadliest day of pandemic with 13 deaths, 738 new COVID-19 cases

Number of people in hospital is nearing 300, while total cases near 30,000

(File photo)
Alberta woman charged after allegedly hitting boy with watermelon at Okanagan campsite

Police say a disagreement among friends at an Adams Lake campsite turned ugly

Court of Appeal for British Columbia in Vancouver. (File photo: Tom Zytaruk)
B.C. woman loses appeal to have second child by using late husband’s sperm

Assisted Human Reproduction Act prohibits the removal of human reproductive material from a donor without consent

Krista Macinnis displays the homework assignment that her Grade 6 daughter received on Tuesday. (Submitted photo)
B.C. mom angry that students asked to list positive stories about residential schools

Daughter’s Grade 6 class asked to write down 5 positive stories or facts

B.C. projects targeting the restoration of sockeye salmon stocks in the Fraser and Columbia Watersheds will share in $10.9 million of federal funding to protect species at risk. (Kenny Regan photo)
13 projects protecting B.C. aquatic species at risk receive $11 million in federal funding

Salmon and marine mammals expected to benefit from ecosystem-based approach

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

Barrels pictured outside Oliver winery, Quinta Ferreira, in May. (Phil McLachlan - Black Press Media)
B.C. Master of Wine reflects on industry’s teetering economic state

Pandemic, for some wine makers, has been a blessing in disguise. For others, not so much.

An employee of the Adventure Hotel was taken to hospital on Nov. 20 after she confronted a customer of Empire Coffee about not wearing a mask. File photo.
Nelson hotel employee suffers heart attack after being assaulted in anti-mask incident

An accountant at the Adventure Hotel is in hospital in Kelowna

Most Read