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Details of wage subsidy program expected today as coronavirus continues to spread

Justin Trudeau Canada city Ottawa covid-19 coronavirus news Coronavirus
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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. [ Sign up for our Health IQ newsletter for the latest coronavirus updates ] The government has responded, so far, by rolling out a bailout package totalling more than $200 billion.

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