Friday, October 22, 2021

LIBERALS TO SPEND $7.48B ON NEW COVID BENEFITS

The federal government has announced a suite of changes to the popular income and business support programs put in place during the pandemic and set to expire on Saturday.

The changes come with a price tag of $7.4 billion.

The Canada Recovery Benefit (CRB) will be replaced by the Canada Worker Lockdown Benefit for those whose work is directly impacted by government-imposed lockdowns.

Freeland also announced the implementation of two new programs to help hard-hit sectors, replacing the wage and rent subsidies.

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