Prime Minister Justin Trudeau resumes his daily COVID-19 updates on Monday, where he is expected to focus on launching the federal government’s main wage subsidy program.
Starting today, businesses can apply for the 75% wage subsidy, a program that Trudeau has expanded reach and eligibility for a handful of times since his first promise last month.
The wage subsidy program was passed by Parliament on April 11 and will provide up to $ 847 per week per employee for 12 weeks, retroactive to March 15, for small and large businesses as well as charities.
Last week, a calculator was launched on the Canada Revenue Agency’s website so businesses can determine in advance how much they could claim. The CRA plans to batch process requests from the first week to the end of the week, with funds starting to be deployed in early May.
Trudeau called the $ 73 billion wage subsidy the largest economic program in Canadian history, and it is expected that “hundreds of thousands” of requests will be made for companies to keep their employees while they wait. the reopening of the economy.
In this regard, Ontario and Quebec are expected to publish their first economic and societal reopening plans, although these provinces continue to have the highest number of COVID-19 cases and have called on the military to help manage the many long-term care outbreaks. houses.
As the Prime Minister said on Saturday, the national guidelines being developed with the provinces for reopening will need to take into account the still developing understanding of immunity to the virus.
“Our goal is to continue to prevent further spread through social distancing, workplace PPE, and various protections for Canadians as we move forward,” he said.
As of Monday morning, there were 46,895 confirmed cases of COVID-19 in Canada and 2,560 deaths.