FEDERAL
The Government of Canada announced the following measures:
Wage Subsidy
Previously, the government had announced that eligible small
business employers, non-profit organizations and charities would be
provided with a temporary wage subsidy for a period of three months
equal to 10% of remuneration paid during that period, up to a
maximum of $1,375 per employee and $25,000 per employer.
Today, the government announced that this subsidy would be
increased to 75% for small and medium-sized businesses affected by
the COVID-19 pandemic and would be backdated to March 15, 2020.
Details of the program are still being worked out and more
information is expected by March 30.
