Some key developments are coming this week in the country’s relentless struggle with the COVID-19 pandemic.
They begin today with businesses being allowed to apply for the federal government’s $73 billion wage subsidy program.
Companies that qualify will get a subsidy worth 75 per cent of each employee’s wages, up to $847 per week, retroactive from March 15 to June 6. And for those organizations that can, the government is asking employers to fill in the remaining quarter.
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First payments are expected to arrive by the end of next week.
Later this week, Quebec and Ontario, which account for the vast majority of Canada’s COVID-19 cases, are expected to unveil frameworks for reopening their locked down economies.
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Saskatchewan, Prince Edward Island and New Brunswick have already announced tentative timelines for a return to some semblance of normality.