Deputy Prime Minister and Minister of Finance Chrystia Freeland speaks about the Fiscal update during a news conference in Ottawa, Monday November 30, 2020. THE CANADIAN PRESS/Adrian Wyld

Deputy Prime Minister and Minister of Finance Chrystia Freeland speaks about the Fiscal update during a news conference in Ottawa, Monday November 30, 2020. THE CANADIAN PRESS/Adrian Wyld

COVID-19: Wage and rent subsidies, lockdown support to be extended until June

Chrystia Freeland says now is not time to lower levels of support

The federal government is extending the emergency wage and rent subsidies, as well as lockdown support, until June.

According to Deputy Prime Minister Chrystia Freeland, the various supports will be extended to June 5, rather than expiring mid-March as previously scheduled. The cost of the extension is estimated at $13.9 billion.

During a press conference in Ottawa Wednesday (March 3), Freeland said that the Canada Emergency Wage Subsidy would remain at 75 per cent per active employee for the worst-affected employers, the rent subsidy would remain at 65 per cent and lockdown support would stay at 25 per cent. The rent subsidy and lockdown support can be combined for a total of a 90 per cent rent subsidy.

In a press release, the feds said that furloughed employees with employers who qualify for the wage subsidy could receive up to $595 per week.

Freeland said that while news of new vaccines is encouraging, the pandemic is not yet over.

“We cannot definitively say that we have turned a corner,” she said, noting that the Canadian economy contracted 5.4 per cent in 2020 – the worst year on record.

READ MORE: Canadian economy contracted 5.4 per cent in 2020, worst year on record


@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.

Coronavirus

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

Just Posted

Online guide expected to make applying for building permits easier. (The News files)
City of Maple Ridge launches new building permit application tool

Users can print or save their results for easy access

Dogs big and small on the patio at Witchcraft Beer Market and Bistro. (City of Maple Ridge/Youtube)
VIDEO: Businesses embrace new Dog Friendly Maple Ridge pilot project

Pets can come onto a patio at a restaurant or enter participating retail spaces

A photo submitted to municipal staff on April 6 showing a beaver dam southwest of Chester Street. The drainage issues on the south side of the highway are the responsibility of CP Rail, as they own the property. Photo courtesy of the District of Mission.
Delegation of Silverdale farmers say land continually floods along Lougheed Highway

Beaver dams, siltation, fallen trees, bad ditching is sinking crops next to recently widened highway

Photo collage of loved ones lost to substance use and overdose. (Photo courtesy Moms Stop The Harm)
B.C. overdose deaths still rising 5 years after public health emergency declared

Moms Stop the Harm calls on B.C. to provide safe supply in response to deadly illicit drug use

Ken Dockendorf is rallying opposition to the changes to high school sports governance. (The News files)
Maple Ridge coaches oppose changes to high school sports governance

Vote coming on May 1 could change varsity sports across B.C.

A screenshot from a Nuu-chah-nulth healing song and performance created in collaboration between Hjalmer Wenstob and Timmy Masso. (Screenshot from YouTube)
WATCH: Tla-o-qui-aht First Nation brothers produce COVID-19 healing song

Hjalmer Wenstob and Timmy Masso share dance and inspiration.

Health Canada headquarters in Ottawa. (Sean Kilpatrick/The Canadian Press)
Health Canada releases guidelines for reducing COVID-19 transmission at home

Improve indoor air quality by opening up your windows and doors, among the encouraged ventilation measures

Flow Academy is not accepting membership applications from anybody who has received a dose of the vaccine, according to a password-protected membership application form. (Submitted image)
B.C. martial arts gym refusing patrons who have been vaccinated, wear masks

Interior Health has already issued a ticket to Flow Academy for non-compliance with public health orders

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

MP Todd Doherty took to Facebook after his family recently received threats. (Todd Doherty, MP Facebook photo)
‘I don’t run and I don’t hide’: Cariboo MP says RCMP probing threats made against family

Todd Doherty has also notified House of Commons Protective Services

Two men walk past a sign on Main Street in downtown Vancouver, B.C., Monday, April 5, 2021. THE CANADIAN PRESS/Jonathan Hayward
Calls for government transparency in COVID data continue as B.C.’s 3rd wave wears on

Social media, where both information and misinformation can spread like wildfire, has not helped

The music video for “Green and Blue” featured a Willington Care Centre in Burnaby as well as some of the volunteers and employees. (Screenshot/Todd Richard)
‘Green and Blue’: B.C. country musician releases tribute song for front-line workers

Richard’s new single has been viewed more than 3,000 times on his YouTube channel

An unidentified B.C. man said, in a human rights complaint, that he was refused a contract job after refusing to wear a mask when asked to by an on-site manager. (Unsplash)
Religious B.C. man lodges human rights complaint after fired for refusing to wear a mask

Worker’s claim that ‘to cover up our face infringes on our God-given ability to breathe’ dismissed by B.C. Human Rights Tribunal

Most Read