However, while the government funding has helped, the speech read Wednesday by Governor General Julie Payette acknowledged that both unemployment and underemployment remain high. The former, for instance, was still at 10.2 per cent as of August, according to Statistics Canada.
One specific way the government plans to create jobs is with an extension of the wage subsidy beyond its 2020 deadline, “right through to next summer,” the throne speech says. CEWS is offered to Canadian employers who have taken a hit to their revenue during the pandemic, providing them money to cover a percentage of their employees’ wages. The Trudeau government tweaked the subsidy in July, expanding eligibility and providing for an extension of the program into December.Rocco Rossi, Ontario Chamber of Commerce“That’s really important because so many businesses are nowhere near 100 per cent ,” said Rocco Rossi, president of the Ontario Chamber of Commerce.
Even so, CFIB President Dan Kelly said his group is hopeful the federal government will adjust the wage subsidy even further, as its current phase-out trajectory means the amount that employers can get is falling.
What a depressing shitshow.
Businesses just want the ability to survive as long as the Government refuses to let them operate. The answer is simple, remove the restrictions to all Canadians. Open the borders, treat Covid19 as a medical condition & allow people to live their lives again, freely.
What a joke of a Prime Minister and the party which is running this country, a disaster
I hope I don’t hear complaining when taxes go up!
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