Federal budget extends Covid support for businesses
In the federal budget on Monday, the Liberal government extended current business support programs and introduced a new hiring program. The feds also proposed a $15 federal minimum wage.
The budget proposed extending to Sept. 25 the Canada Emergency Wage Subsidy (CEWS), and the Canada Emergency Rent Subsidy (CERS) and its lockdown top-up. (The budget also proposed adding additional qualifying periods for these supports until Nov. 20, 2021, if required.)
Original Article Source Credits: Advisor's Edge , https://www.advisor.ca/
Article Written By: Michelle Schriver, Tara Deschamps, The Canadian Press
Original Article Posted on: April 19, 2021
Link to Original Article: https://www.advisor.ca/news/industry-news/federal-budget-extends-covid-support-for-biz/