Prime Minister Justin Trudeau provided a coronavirus update on March 30, 2020. (CPAC)

Large business, non-profits, charities all eligible for wage subsidy, Trudeau says

Prime Minister Justin Trudeau addresses Canadians

OTTAWA — Prime Minister Justin Trudeau says large and small businesses, non-profits and charities will all be eligible for a 75-per-cent subsidy on wages meant to cushion the blow from the COVID-19 pandemic.

Employers will have to show that their revenues have fallen by at least 30 per cent.

The wages the subsidy covers will be capped at $847 a week, he says.

Speaking outside his Ottawa residence, Trudeau says the size of the company will not bear on whether it qualifies for the help.

He is asking companies that get the subsidy to rehire workers who might have been laid off over the last two weeks, and ensure that all the money through the program goes to employees.

Trudeau says companies that can pay their employees without federal help should do so, warning businesses that any abuse of federal financial aid will have serious consequences.

This report by The Canadian Press was first published March 30, 2020.

CoronavirusJustin Trudeau

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

Just Posted

Gov’t of Alberta confirms 29 new COVID-19 cases

Of the total 6,955 confirmed cases, 652 are active

No increase in property taxes for Sylvan Lake residents

Town Council passes the 2020 Tax Bylaw at Monday’s council meeting

PHOTOS: Sylvan Lake teachers say hello to students at drive through

Ecole Mother Teresa School arranged a drive through for families to say hello to their teachers

Sylvan Lake Community Partners seeking donations

Community Partners is still open and ready to help, says Jen Baliant

Facing changes together: Your community, your journalists

Sylvan Lake News is firmly committed to seeing you through the changes ahead, but we need your help

Facing changes together: Your community, your journalists

Sylvan Lake News is firmly committed to seeing you through the changes ahead, but we need your help

Oilpatch advocates tell MPs help needs to be faster, easier to get

Oilpatch advocates tell MPs help needs to be faster, easier to get

Canada’s vulnerable to money laundering on par with similar countries: expert

Canada’s vulnerable to money laundering on par with similar countries: expert

Toronto stock market dips on weakness in the energy and financials sectors

Toronto stock market dips on weakness in the energy and financials sectors

Kelowna, B.C., man charged with murder in Alberta killing

A second man is also wanted in connection with the first degree murder of Cody Michaloski

PHOTOS: Loved ones reunite at an oasis on closed U.S.-Canada border

Officials closed the park in mid-March over coronavirus concerns

Trump preparing order targeting social media protections

“This will be a Big Day for Social Media and FAIRNESS!”

Most Read