If you’re a business struggling with the financial effects of the coronavirus pandemic, the government’s promised wage subsidies are on the way.
Prime Minister Justin Trudeau on Monday shared some of the details on the new subsidy program for businesses, which was significantly amended last week after criticisms that the initial plan to cover 10 per cent of wages wasn’t nearly enough to make a difference.
Trudeau said last week that plan would now cover up to 75 per cent of wages. But there remain unanswered questions about how it all will work.
Here is what is and is not known. It’s important to note right away that there isn’t a lot of information about the specifics of how the subsidies will work — and in particular, how those accessing