TRUDEAU: BUSINESSES; REGARDLESS OF SIZE, NON-PROFITS, CHARITIES ELIGIBLE FOR WAGE SUBSIDY
Mar 30, 2020
By Bob Komsic
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.”