Wednesday, March 24, 2021

HARD HIT BUSINESSES WANT GOV'T $ TO CONTINUE

Canadian businesses that have been hit the most by the pandemic are hoping that the federal government will provide them some relief when it unveils its first budget in two years on April 19.

Their two key demands are to extend and perhaps even enhance the Canada Emergency Wage Subsidy (CEWS) at 75 per cent for hard-hit industries until the end of 2021, with a similar consideration for the Canada Emergence Rent Subsidy (CERS) program.

Without an extension of CEWS and CERS to the end of 2021, nearly 60 per cent of the businesses surveyed in the hardest hit coalition have said they will not survive, the group said in a letter addressed to Deputy Prime Minister Chrystia Freehand and published this morning.

No comments:

Post a Comment