FILE – Prime Minister Justin Trudeau addresses Canadians on the COVID-19 pandemic from Rideau Cottage in Ottawa on Thursday, March 26, 2020. THE CANADIAN PRESS/Sean Kilpatrick

FILE – Prime Minister Justin Trudeau addresses Canadians on the COVID-19 pandemic from Rideau Cottage in Ottawa on Thursday, March 26, 2020. THE CANADIAN PRESS/Sean Kilpatrick

Liberals delay release of 75% wage subsidy details, costs: Morneau

Program will provide up to $847 per week for each worker

Editor’s note: The details have now been released. You can read the story here: Canada’s 75% wage subsidy is coming, but not for another six weeks.

Canadians won’t get any details Tuesday (March 31) about the eagerly awaited wage subsidy program announced on Friday (March 27), despite the prime minister’s promise of more details.

The recently announced wage subsidy for COVID-19 affected businesses has expanded to all Canadian companies and charities that have seen at least a 30 per cent drop in revenues, Prime Minister Justin Trudeau told Canadians Monday.

Trudeau made the announcement from the steps of Rideau Cottage on Monday (March 30), where he remains in self-isolation. Finance Minister Bill Morneau was expected to announce details and costs Tuesday, but that press conference has been moved to Wednesday.

Companies who qualify for the Canada Emergency Wage Subsidy will be able to get 75 per cent of each employee’s salary covered, on the first $58,700 earned this year, Trudeau said. This amounts to a maximum $847 per week, he noted. The program will be backdated to March 15.

“The number of employees you have will not determine whether or not you get this support,” he said. “It will apply to non-profit organizations and charities, as well as companies both big and small.”

Trudeau urged companies that could top up employee salaries the additional 25 per cent to do so.

“We are trusting you to do the right thing,” he said.

The prime minister said there would be “serious consequences” for any companies that try to game the system, although he did not expand on what that would entail. A verification system will be set up before the program is rolled out and Trudeau said Finance Minister Bill Morneau would announce more details on Tuesday (March 31).

The wage subsidy is one of several programs introduced by the federal government. Trudeau has also promised $2,000 to coronavirus-affected workers who have been laid off, or cannot work, due to the pandemic. That application portal is scheduled to be available on April 6.

Trudeau said more measures to help business could be unveiled as the situation unfolds but did not commit to specific aid to help businesses pay rent on April 1.

At a press conference following the prime minister’s address, Deputy Minister Chrystia Freeland said Ottawa was working hard to work out any issues.

“I really apologize, sincerely, for some of the kinks in these systems,” Freeland said.

As of Monday morning, there were 6,671 confirmed COVID-19 cases and 66 deaths in Canada. There have been more than 220,000 tests done.

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

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


@katslepian

katya.slepian@bpdigital.ca

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

A pedestrian looks over a vigil set up in Nelson on Friday to mark National Day of Remembrance and Action on Violence Against Women, which is held Dec. 6 to commemorate the 1989 École Polytechnique massacre that killed 14 women and injured 10 others. Photo: Tyler Harper
Demand for safe space increases in the fall at Nelson’s transition house

The eight-bed service for women and children fleeing domestic violence has been full since Oct. 1

COVID-19. (Image courtesy CDC)
81 new cases of COVID-19 detected in Interior Health Friday

One additional staff member at Kelowna long-term care home tests positive, no new deaths

Interior Health says Salmo’s COVID-19 cases have been contained. Photo: Wikimedia Commons
Interior Health: Salmo’s COVID-19 cases are contained

Every person who tested positive has recovered

Vases of red roses will be placed in remembrance at several locations in Trail on Monday. Photo: Jamie Street
Trail bridge goes red on Sunday to honour national remembrance

Every night in Canada over 3,400 women and their children are in shelters trying to escape violence

Masks are mandatory indoors in all B.C. businesses. Photo: Black Press file
Think about the common good: wear a mask

Opinion by Trail Times columnist Louise McEwan

Unofficial holidays: Here’s what people are celebrating for the week of Dec. 6 to 12

Mountain Day, Dewey Decimal System Day and Lard Day are all coming up this week

Demonstrators, organized by the Public Fishery Alliance, outside the downtown Vancouver offices of Fisheries and Oceans Canada July 6 demand the marking of all hatchery chinook to allow for a sustainable public fishery while wild stocks recover. (Public Fishery Alliance Facebook photo)
Angry B.C. anglers see petition tabled in House of Commons

Salmon fishers demand better access to the healthy stocks in the public fishery

(Hotel Zed/Flytographer)
B.C. hotel grants couple 18 years of free stays after making baby on Valentines Day

Hotel Zed has announced a Kelowna couple has received free Valentines Day stays for next 18 years

Farmers raise slogans during a protest on a highway at the Delhi-Haryana state border, India, Thursday, Dec. 3, 2020. Prime Minister Justin Trudeau rejected the diplomatic scolding Canada’s envoy to India received on Friday for his recent comments in support of protesting Indian farmers. Tens of thousands of farmers have descended upon the borders of New Delhi to protest new farming laws that they say will open them to corporate exploitation. THE CANADIAN PRESS/AP-Manish Swarup
Trudeau brushes off India’s criticism for standing with farmers in anti-Modi protests

The High Commission of India in Ottawa had no comment when contacted Friday

Montreal Alouettes’ Michael Sam is set to make his pro football debut as he warms up before the first half of a CFL game against the Ottawa Redblacks in Ottawa on Friday, Aug. 7, 2015. Sam became the first publicly gay player to be drafted in the NFL. He signed with the Montreal Alouettes after being released by St. Louis, but abruptly left after playing one game. THE CANADIAN PRESS/Justin Tang
Study finds Canada a ‘laggard’ on homophobia in sports

Among females, 44 per cent of Canadians who’ve come out to teammates reported being victimized

Nurse Kath Olmstead prepares a shot as the world’s biggest study of a possible COVID-19 vaccine, developed by the National Institutes of Health and Moderna Inc., gets underway Monday, July 27, 2020, in Binghamton, N.Y. U.S. biotech firm Moderna says its vaccine is showing signs of producing lasting immunity to COVID-19, and that it will have as many as many as 125 million doses available by the end of March. THE CANADIAN PRESS/AP-Hans Pennink
Canada orders more COVID vaccines, refines advice on first doses as cases reach 400K

Canada recorded its 300,000th case of COVID-19 on Nov. 16

Apartments are seen lit up in downtown Vancouver as people are encouraged to stay home during the global COVID-19 pandemic on Thursday, Dec. 3, 2020. British Columbia’s deputy provincial health officer says provincewide data show the most important area B.C. must tackle in its response to the COVID-19 pandemic is health inequity. THE CANADIAN PRESS/Marissa Tiel
Age, income among top factors affecting well-being during pandemic, B.C. survey shows

Among respondents earning $20,000 a year or less, more than 41 per cent reported concern about food insecurity

Information about the number of COVID-19 cases in Abbotsford and other municipalities poses a danger to the public, the Provincial Health Services Authority says. (Photo: Tyler Olsen/Abbotsford News)
More city-level COVID-19 data would jeopardize public health, B.C. provincial health agency says

Agency refuses to release weekly COVID-19 case counts, citing privacy and public health concerns

Victoria-based driving instructors are concerned for their own and the community’s safety with the continued number of residents from COVID hotspots in the Lower Mainland coming to the city to take their driving road tests. (Black Press Media file photo)
Students from COVID hotspots travel to Vancouver Island for driving tests

Union leader calls on government to institute stronger travel ban

Most Read