Deputy Prime Minister Chrystia Freeland listens to Minister of Finance Bill Morneau as he speaks at a press conference on COVID-19 at West Block on Parliament Hill in Ottawa, on Wednesday, March 25, 2020. THE CANADIAN PRESS/Justin Tang

Deputy Prime Minister Chrystia Freeland listens to Minister of Finance Bill Morneau as he speaks at a press conference on COVID-19 at West Block on Parliament Hill in Ottawa, on Wednesday, March 25, 2020. THE CANADIAN PRESS/Justin Tang

Crucial details of Ottawa’s proposed wage subsidy program expected today

The government has rolled out a bailout package totalling more than $200 billion

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.

The government has responded, so far, by rolling out a bailout package totalling more than $200 billion. However, in a letter to the prime minister on Sunday NDP Leader Jagmeet Singh urged further action to ensure that people who have lost their jobs don’t also lose their homes when rent and mortgage payments come due on Apr. 1.

Meanwhile, the federal government’s new restrictions on domestic air and inter-city passenger rail traffic go into effect at noon today. Staff at the airlines and railways will be tasked with screening passengers and barring those exhibiting any symptoms of the novel coronavirus from boarding.

Another 665 COVID-19 cases were reported in Canada Sunday, pushing the national total to 6,320, including 66 deaths and 485 cases resolved.

And while government officials in Quebec and B.C. have said there are indications social distancing efforts may be paying off in slowing the rampant march of the virus, Canada’s chief public health officer says it’s still too early to make that call. On Sunday Dr. Theresa Tam said this week will be “very, very important” for her in terms of looking at those trends. But in the meantime, she again urged Canadians to continue to physically distance themselves from others.

READ MORE: Trudeau unveils new $2,000 per month benefit to streamline COVID-19 aid

READ MORE: Trudeau announces 75% wage subsidy for small businesses amid COVID-19

The Canadian Press


Like us on Facebook and follow us on Twitter.

Coronaviruseconomy

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

Just Posted

City of Chilliwack survey asks for feedback on planned Rosedale skate park

The new structure will occupy a 3,000 square foot space in the middle of Rosedale Park

Newly installed art work honouring the Brett family aviation history in Chilliwack. (Anthem Properties)
WATCH: Neon sculpture beaming yellow light across downtown Chilliwack in the shape of a plane

New public artwork in Salish Plaza honours aviation pioneers, the Brett family of Chilliwack

Jag Deol, owner of Sangam Restaurant and Catering, is collecting non-perishable food items for the Chilliwack Salvation Army at both his restaurant locations. (Jenna Hauck/ Chilliwack Progress file)
Chilliwack restaurant hosts food drive for Salvation Army

Sangam restaurant will match all donations of non-perishable food that come in

Crews work on reconstructing Spadina Avenue in Chilliwack on Friday, Nov. 13, 2020. (Jenna Hauck/ Chilliwack Progress)
Sprucing up of Spadina Avenue with $2.8 million redux wrapping up shortly

Curbing, trees, landscaping, irrigation and street lighting should be complete by early December

Chilliwack’s Klim twins, Matthias and Zach, are the tall guys in the back row (Zach with a green stuffie on his shoulders, Matthias to the right), helping to sort toys at the Archway Community Services Food Bank in Abbotsford. (UFV Cascades photo)
Chilliwack’s Klim twins get involved in community service with UFV men’s basketball team

No games for the G.W. Graham grads due to COVID, but they are doing other things with the Cascades

A man wearing a face mask to help curb the spread of COVID-19 walks in downtown Vancouver, B.C., Sunday, Nov. 22, 2020. The use of masks is mandatory in indoor public and retail spaces in the province. THE CANADIAN PRESS/Darryl Dyck
B.C. records deadliest day of pandemic with 13 deaths, 738 new COVID-19 cases

Number of people in hospital is nearing 300, while total cases near 30,000

The baby boy born to Gillian and Dave McIntosh of Abbotsford was released from hospital on Wednesday (Nov. 25) while Gillian continues to fight for her life after being diagnosed with COVID-19.
Abbotsford mom with COVID-19 still fighting for life while newborn baby comes home

Son was delivered Nov. 10 while Gillian McIntosh was in an induced coma

B.C. Premier John Horgan, a Star Trek fan, can’t resist a Vulcan salute as he takes the oath of office for a second term in Victoria, Nov. 26, 2020. (B.C. government)
Horgan names 20-member cabinet with same pandemic team

New faces in education, finance, economic recovery

The corporate headquarters of Pfizer Canada are seen in Montreal, Monday, Nov. 9, 2020. The chief medical adviser at Health Canada says Pfizer’s COVID-19 vaccine could be approved in Canada next month. THE CANADIAN PRESS/Ryan Remiorz
Health Canada expects first COVID-19 vaccine to be approved next month

Canada has a purchase deal to buy at least 20 million doses of Pfizer’s vaccine,

Join Black Press Media and Do Some Good
Join Black Press Media and Do Some Good

Pay it Forward program supports local businesses in their community giving

Cannabis bought in British Columbia (Ashley Wadhwani/Black Press Media)
Is it time to start thinking about greener ways to package cannabis?

Packaging suppliers are still figuring eco-friendly and affordable packaging options that fit the mandates of Cannabis Regulations

The online poster for Joel Goddard, who left his Willoughby home Nov. 10, 2020, has been updated by his family and friends who received word that he’s been found.
Langley man missing since Nov. 10 found alive and safe in Abbotsford

Family of the Willoughby area man had been searching for days. Police find him at Abbotsford Airport

A UBC study recommends an multi-government investment of $381 million to protect 102 species at risk in the Fraser River estuary. (Photo supplied by Yuri Choufour)
102 Fraser River estuary species at risk of extinction, researchers warn

UBC team develops $381-million strategy to combat crisis, boost economy

FILE – A paramedic holds a test tube containing a blood sample during an antibody testing program at the Hollymore Ambulance Hub, in Birmingham, England, on Friday, June 5, 2020. (Simon Dawson/Pool via AP)
Want to know if you’ve had COVID-19? LifeLabs is offering an antibody test

Test costs $75 and is available in B.C. and Ontario

Most Read