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

Maple Ridge’s Bruce Coughlan. (Special to The News)
Robbie Burns day to be feted virtually by Maple Ridge musician

Bruce Coughlan will hold virtual concert in Campbell River theatre in honour of Scottish bard

Naturally Splendid employees working at a flow wrapper station at its facility in Pitt Meadows (Special to The News)
Plant-based Pitt Meadows business pivots during pandemic

Naturally Splendid partners with Australian company on bringing meat substitute to Canada

Submit letters to the editor through our website, via email or in writing.
LETTER: Resident sad to see worsening Maple Ridge litter problem

A local letter writer said her concerns have fallen on deaf ears

Gordy Robson. (Contributed)
The intersection at Harris Road and Lougheed Highway (Google)
LETTER: Pitt Meadows resident wonders why traffic signals not updated

A local man has contacted the city and road contractor with concerns to no avail

Justin Kripps of Summerland and his team have competed in Olympic action and World Cup competitions in bobsleigh. (Jason Ransom-Canadian Olympic Comittee).
QUIZ: Are you ready for some winter sports?

It’s cold outside, but there are plenty of recreation opportunities in the winter months

Alberta Energy Minister Sonya Savage addresses the attendees while Tom Olsen, Managing Director of the Canadian Energy Centre, looks on at a press conference at SAIT in Calgary on Wednesday, Dec. 11, 2019. THE CANADIAN PRESS/Greg Fulmes
‘Morally and ethically wrong:’ Court to hear challenge to Alberta coal policy removal

At least 9 interveners will seek to join a rancher’s request for a judicial review of Alberta’s decision

Pindie Dhaliwal, one of the organizers for the Surrey Challo protest for Indian farmers. She says organizers were told by Surrey RCMP that the event was not allowed due to COVID-19. Organizers ended up moving the protest to Strawberry Hill at the last minute. (Photo: Lauren Collins)
Indian farmers rally moves as organizers say Surrey RCMP told them they couldn’t gather

Protest originally planned in Cloverdale, moved to Strawberry Hill

A health-care worker prepares a dose of the Pfizer-BioNTech COVID-19 vaccine at a UHN COVID-19 vaccine clinic in Toronto on Thursday, January 7, 2021. THE CANADIAN PRESS/Nathan Denette
COVID-19: Provinces work on revised plans as Pfizer-BioNTech shipments to slow down

Anita Anand said she understands and shares Canadians’ concerns about the drug company’s decision

Cannabis bought in British Columbia (Ashley Wadhwani/Black Press Media)
Is it time to start thinking about greener ways to package cannabis?

Packaging suppliers are still figuring eco-friendly and affordable packaging options that fit the mandates of Cannabis Regulations

Tourists take photographs outside the British Columbia Legislature in Victoria, B.C., on Friday August 26, 2011. A coalition of British Columbia tourism industry groups is urging the provincial government to not pursue plans to ban domestic travel to fight the spread of COVID-19. THE CANADIAN PRESS/Darryl Dyck
B.C. travel ban will harm struggling tourism sector, says industry coalition

B.C. government would have to show evidence a travel ban is necessary

(Phil McLachlan - Capital News)
‘Targeted’ shooting in Coquitlam leaves woman in hospital

The woman suffered non-life threatening injuries in what police believe to be a targeted shooting Saturday morning

sdf
Another Mission student arrested for assault, in 2nd case of in-school violence this week

RCMP notified of local Instagram page with videos (now deleted) showing student assaults, bullying

(Photo by Kevin Hill)
40 cases linked to Surrey Memorial Hospital COVID-19 outbreak

Fraser Health says two death are associated with the outbreak

Most Read