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

Search continues for wolf, senior citizen being transferred to Vancouver

Frank Russ shows where the unprovoked wolf attacked his father

Sunken Gardens bloom from deeply seeded efforts

Garden club members are rooted in dedication

COVID-19 highlights lack of connectivity in First Nations communities

Many don’t have access required to utilize online platforms, says First Nations Technology Council

Salmon closures announced for Skeena and Nass watersheds

DFO notice expands on May 21 chinook ban throughout Skeena watershed

VIDEO: Injured bald eagle rescued in B.C. First Nations community

Bird suspected injured in fight, whisked off to Coquitlam rehab

B.C.’s Central Kootenay region declares state of emergency, issues evacuation orders

The evacuation alert covers all areas except the Cities of Castelgar and Nelson

Protesters prepare to rally against racism in front of Vancouver Art Gallery

Rally is in response to the deaths of black Americans and a Toronto woman

Protesters rally against anti-black, Indigenous racism in Toronto

Police estimated the crowd to be between 3,500 and 4,000 and said there was no violence

Feds earmark $1.5M to support recovery of B.C., Indigenous tourism

B.C. money will be split between Vancouver Island and Indigenous tourism

Introducing the West Coast Traveller: A voyage of the mind

Top armchair travel content for Alaska, Yukon, BC, Alberta, Washington, Oregon and California!

‘We’re sick of it’: Anger over police killings shatters U.S.

Tens of thousands marched to protest the death of George Floyd

Surrey mayor’s party under fire for ‘sickening’ tweet accusing northern B.C. RCMP of murder

Mayor Doug McCallum says tweet, Facebook post ‘sent out by unauthorized person’

Father’s Day Walk Run for prostate cancer will be virtual event this year throughout B.C.

The annual fundraiser for Prostate Cancer Foundation BC has brought in $2.5 million since 1999

Most Read