The Royal Ottawa Golf Club, one of the country's most prominent private courses, has banked a $1-million surplus from its past season, thanks mostly to federal subsidies for workers' wages during the COVID-19 pandemic.
"We ended up with a rather substantial subsidy," Doug McLarty, the club treasurer, told participants in the Dec. 5 online video meeting. "It was over a million dollars. And that ended up on the bottom line."
Appearing before the Commons finance committee earlier this month, Finance Minister Chrystia Freeland told MPs that CEWS support was intended only for workers' wages, not for other costs, or dividends for shareholders.
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