The Government Has Announced a Huge Increase in the Federal Wage Subsidy for Small- & Medium-sized Businesses, Among Other Financial Supports for Employers
On March 27, 2020, Prime Minister Justin Trudeau announced that the federal government is increasing the amount of wage subsidies available to businesses. In addition to the 10% wage subsidy announced last week for small businesses (the “Wage Subsidy”), the government has announced a separate 75% wage subsidy in an effort to help prevent layoffs […]