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

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

Michele Babchuk with Premier John Horgan and Clerk of the Legislature Katy Ryan-Lloyd. (BC Legislature)
Babchuk sworn in to B.C.’s 42nd Legislature

Oath ceremony held with MLAs connecting through video

Over 6,000 customers were affected by the power outage that started on Nov. 17. (BC Hydro photo)
BC Hydro crews worked 16 hour days to turn the North Island’s power back on

BC Hydro runs one transmission line to Northern Vancouver Island so there was no backup line.

U’mista Cultural Centre is closed to the public until further notice, as of Nov. 23, 2020. (Zoe Ducklow photo)
U’mista closed until further notice due to new restrictions

North Island on high alert against COVID-19

Provincial health officer Dr. Bonnie Henry updates B.C.’s COVID-19 situation at the B.C. legislature, Nov. 23, 2020. (B.C. government)
B.C. daily COVID-19 cases hits record 941 on Tuesday

Further restrictions on indoor exercise take effect

Prime Minister Justin Trudeau speak to the media about the COVID-19 virus outside Rideau Cottage in Ottawa, Friday, Nov. 20, 2020. THE CANADIAN PRESS/Adrian Wyld
Canada’s inability to manufacture vaccines in-house will delay distribution: Trudeau

First doses of COVID-19 vaccine expected in first few months of 2021, prime minister says

Beaver Creek RCMP Cpl. Robert Drapeau, left to right, Gary Bath, Lynn Marchessault, Payton Marchessault, Rebecca Marchessault and Tim Marchessault pose in this recent handout photo near the Canada-U.S. border crossing near Beaver Creek, Yukon. A family reunion trip for the woman from Georgia that left them stranded ended on a bright note when Bath drove them to the Alaskan border following an appeal for help. THE CANADIAN PRESS/HO, Gary Bath *MANDATORY CREDIT*
Help from B.C. man allows American family to reunite in Alaska

Lynn Marchessault drove from Georgia to the Alaska border to join her husband, who serves in U.S. military

(Pixabay.com)
Man, 28, warned by Kootenay police to stop asking people to marry him

A woman initially reported the incident to police before they discovered others had been popped the question

Winston Blackmore (left) and James Oler (right) were sentenced on separate charges of polygamy this week in Cranbrook Supreme Court.
No more charges expected in Bountiful investigation, special prosecutor says

Special prosecutor says mandate has ended following review of evidence from Bountiful investigations

Join Black Press Media and Do Some Good
Join Black Press Media and Do Some Good

Pay it Forward program supports local businesses in their community giving

(Ashley Wadhwani/Black Press Media)
Refuse to follow B.C.’s mask mandate? Face a $230 fine

Masks are now required to be worn by all British Columbians, 12 years and older

Parksville’s French Creek Harbour experienced a diesel spill on Nov. 23 after a barge and fishing vessel collided. (Mandy Moraes photo)
Coast Guard cleans up diesel spill in Parksville’s French Creek Harbour

Barge carrying fuel truck collides with fishing vessel

Stock photo
Senior from Gibsons caught viewing child porn sentenced to 10 months

74-year-old pleaded guilty after police seized 1,500-2,500 images

Most Read