Prime Minister Justin Trudeau speaks during a news conference on the COVID-19 pandemic outside his residence at Rideau Cottage in Ottawa, on Thursday, June 18, 2020. THE CANADIAN PRESS/Justin Tang

Wage subsidy will be extended until December amid post-COVID reopening: Trudeau

Trudeau said the extension will ‘give greater certainty and support to businesses’

The Canada Emergency Wage Subsidy will be extended until December as the country’s economy recovers from the COVID-19 pandemic, Prime Minister Trudeau announced Monday (July 13).

Trudeau said the extension of the $82 billion program will “give greater certainty and support to businesses” through the fall and winter.

The wage subsidy provides employers with up to $847 each week per worker to help with wages, or up to 75 per cent of weekly pay for each worker, for businesses that have lost up to 30 per cent of their revenues due to COVID-19. The program had been set to expire at the end of August prior to the extension.

So far, approximately 11 million people have received either the wage subsidy or the federal government’s $2,000 per month emergency response benefit (CERB). In the past, federal ministers have admitted that the $2,000 per month benefit for out-of-work Canadians has had a much higher uptake than the wage subsidy program.

As of early July, the wage subsidy had paid out $18.01 billion to 252,370 companies in payroll help.In comparison, CERB paid out $54.8 billion to 8.25 million people by July 5.

The emergency response benefit is set to run out at the end of the summer.

READ MORE: B.C. records 3 new COVID-19 deaths as total test positive cases top 3,000

READ MORE: Recent COVID-19 hotspots show ‘cases can reemerge at anytime’ in Canada, feds warn

– With files from The Canadian Press


@katslepian

katya.slepian@bpdigital.ca

Like us on Facebook and follow us on Twitter.

Want to support local journalism during the pandemic? Make a donation here.

CanadaCoronavirusJustin Trudeau

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

Just Posted

View Royal fire chief calls for realistic solutions to ‘mess’ at Thetis Lake

Emergency crews harassed while extinguishing brush fire, rescuing drunk 15-year-old during long weekend calls

Greater Victoria woman goes on gratitude mission to thank first responders

Jen Klein fainted while driving and crashed on Pat Bay Highway in 2019

Non-venomous ball python missing in Vic West

Snake was reported missing to Victoria police Tuesday morning

Crews respond to medical incident on West Saanich Road

Incident appears to be cleared, witnesses say

B.C. records 146 new COVID-19 cases through long weekend

More that 28 people tested positive for the virus each day since Friday

Canucks tame Minnesota Wild 4-3 to even NHL qualifying series

J.T. Miller leads Vancouver with goal and an assist

COVID-19 vaccine efforts provide hope but no silver bullet to stop pandemic: Tam

There are more than two dozen vaccines for COVID-19 in clinical trials around the world

Two people die in propane heated outdoor shower near Princeton

Couple was attending a long weekend gathering

Study shines light on what makes LGBTQ+ youth feel safe in a community

The study goes beyond looking at school or family supports

Alberta to require masks at schools this fall, but still no mandate in B.C.

B.C. students are also set to return to classrooms in September

B.C. to allow customers to buy cannabis online for in-store pickup at private shops

Age verification will still be required inside the store

30% of British Columbians would ‘wait and see’ before taking COVID vaccine: poll

Some are concerned about side effects, while others don’t think the virus is a big deal

Most Read