Businesses can begin applying for emergency COVID-19 wage subsidy program today

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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.

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Prime Minister Justin Trudeau will be talking about that, as well as some other coming initiatives, today at his daily coronavirus briefing.

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.

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