Wage subsidies ‘critical,’ a ‘lifeline’ for businesses to survive pandemic, says Chamber of Commerce president

'This subsidy will make a real difference in your lives and help everyone affected bridge to better times,' said Prime Minister Justin Trudeau on Friday, March 27.
Prime Minister Justin Trudeau says 'if your business’ revenues have decreased by at least 30 per cent because of COVID-19, you will be eligible for this subsidy,' that will see up to 75 per cent of some salaries covered by the government.
The federal government’s increased wage subsidy announcement was “critical” if small- and medium-sized businesses are going to come out alive on the other side of the coronavirus pandemic, say business leaders. “It's a lifeline for hundreds of thousands of small- and medium-sized businesses...

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