Canadian Press NewsAlert: Nearly 10,000 businesses apply for wage subsidy in first hours, Trudeau says
Apr 27, 2020 | 10:57 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