Prime Minister Justin Trudeau is easing the wage subsidy qualifications for businesses affected by the coronavirus pandemic.
Speaking from the Rideau Cottage in Ottawa on Wednesday, Trudeau said companies will now have the option of using January and February of this year as reference points to show a 30 per cent loss in revenue due to COVID-19. “Businesses will only need to show a 15 per cent decline in revenue for March instead of 30 per cent because most of us only felt the impact of COVID-19 about halfway through the month,” he said. [ Sign up for our Health IQ newsletter for the latest coronavirus updates ] Previously, in order to qualify for the subsidy, businesses had to show a 30 per cent drop in revenues compared to this time last