Trudeau promises 'relaxed' rules for wage subsidy, more support for student jobs

  • Trudeau promises 'relaxed' rules for wage subsidy, more support for student jobs

Trudeau promises 'relaxed' rules for wage subsidy, more support for student jobs

Liu said for MappedIn, the wage subsidy qualifications don't recognize the financial hurdles he expects to face months from now as malls, retailers and other industries reduce in their spending as they attempt to reopen stores.

The Canadian government had recently announced the Canada Emergency Wage Subsidy (CEWS) to reimburse employers suffering revenue declines exceeding 30%.

Previously the government said that businesses would have to show a 30 per cent drop in revenues compared to this time previous year, which some start-ups and new businesses would not be able to do.

"We need businesses to survive and workers to get paid", Trudeau said, adding the economy will come "roaring back" after the pandemic, but cautioned that "job numbers for March will be out tomorrow - it's going to be a hard day for the country".

The company said Wednesday it will apply for the Canada Emergency Wage Subsidy to retain or bring back employees who were laid off during the crisis as part of a cost reduction program during the virus.

Previously, in order to qualify for the subsidy, businesses had to show a 30 per cent drop in revenues compared to this time a year ago.

The release did not say how many employees would be rehired, but that "Air Canada intends to adopt the [subsidy] for the benefit of its 36,000 Canadian-based employee workforce" to June 6.

Charitable organizations can also choose to exclude government subsidies when making their calculations.

Deputy Prime Minister Chrystia Freeland says House leaders from all parties are now debating the best way to bring Parliament back to debate these emergency measures and said she hopes this will happen as soon as possible.

Wednesday's announcement builds on the government's action taken for young Canadians during this crisis.

The federal government will extend the timeframe for job placement to the winter to accommodate the fact many jobs won't be able to begin until later in the year. The changes to the Canada Summer Jobs program will help small businesses hire and keep the workers they need so they can continue to deliver essential services. However, given the ongoing economic challenges, if an employer is unable to do that at this time they can simply pay the employee the amount they receive from Ottawa without an additional top-up.

"They're new to the workforce, so they don't have a lot of money set aside for this kind of situation".

The Prime Minister says Ottawa is working on measures to include Canadians who don't qualify for the measures announced so far.

The job numbers for the month of March, when numerous physical distancing measures and states of emergency went into effect, are coming out on Thursday and Trudeau is forecasting a grim picture.

Poilievre also wants the government to widen eligibility criteria for the Liberals' wage subsidy program beyond lost revenues to allow employers who have seen lost profits or subscriptions to also apply to this program.