TRUDEAU: BUSINESSES; REGARDLESS OF SIZE, NON-PROFITS, CHARITIES ELIGIBLE FOR WAGE SUBSIDY

Mar 30, 2020

By Bob Komsic

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Prime Minister Justin Trudeau says the government’s wage subsidy plan is about ensuring Canadians are still getting paid ”whether they work for a business that employees 10 people or a thousand people.”
Employers will have to demonstrate their revenues have fallen by at least 30%.
That goes for businesses of any size, non-profits, and charities.
The salaries the subsidy covers will not exceed $847-a-week.
Trudeau says a business that can pay the remaining 25% not covered by the subsidy should do so.
And he also has this warning.
”If you think this is a system you can take advantage of or a game – don’t,” stressed the prime minister.
”There will be serious consequences for those who do.”
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