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13.08.2020 / 17:52

Coronavirus: Federal wage subsidy program might cost $14B less than predicted

federal wage subsidy program might cost $14 billion less than the government predicted.A new report today by Parliamentary Budget Office analyst Ben Segel-Brown estimates subsidizing wages for companies during the COVID-19 pandemic will cost $67.9 billion through the end of December.Finance Minister Bill Morneau estimated in his July fiscal report it would cost $82.3 billion.

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