COVID-19 Update – March 27, 2020

This morning, Prime Minister Justin Trudeau announced a series of significant measures designed to help certain employers weather the storm of the COVID-19 pandemic. The Department of Finance also published a Backgrounder, which provides further detail on certain of these measures. While many of the key details are pending (we understand that further details are set to be released between now and Monday March 30, 2020), employers should be aware of these measures, and start to consider how these measures may impact their plans as they continue to navigate these challenging times. This memorandum briefly summarizes the elements of the Prime Minister's announcement and the Backgrounder which will be of significance to employers.