By Canadian Press

Canadian Press NewsAlert: Nearly 10,000 businesses apply for wage subsidy in first hours, Trudeau says

Apr 27, 2020 | 10:58 AM

Prime Minister Justin Trudeau says nearly 10,000 businesses have applied for the federal government’s wage-subsidy program to help them deal with the COVID-19 pandemic.

The emergency measure will cover 75 per cent of wages for employers that have seen sharp declines in revenue since the novel coronavirus hit Canada hard in March, up to $847 per worker.

Applications opened early this morning.

Trudeau says money under the program will start flowing by May 7.

The Canadian Press