Feds extend wage subsidy to Dec. 19; ease loss requirement
We have to transition from subsidy-based economy to growth-based one: Perrin Beatty
TELL THAT TO ALL THE INDUSTRIES WE SUBSIDIZE INCLUDING OIL AND GAS, BIG AUTO, ETC
CANADA IS THE IDEAL STATE CAPITALIST ECONOMY
THIS REIT AND OTHERS (REAL ESTATE INVESTMENT TRUSTS)
IN CANADA OWN APARTMENT BUILDINGS, MANY HAVE REFUSED TO
STOP COLLECTING RENT, ONE OF THESE CREEPS WAS INTERVIEWED
AND TOLD BNN THAT RENTERS THAT PROTEST AND CALL RENT STRIKES
ARE PRIVILEGED AND SPOILED AND HE HAD NO INTENTION OF FREEZING RENTS
DURING THIS PANDEMIC, OR ANY TIME, THAT IS WHY PROPERTY IS THEFT, WHEREAS IF WE SOCIALIZED HIS BUILDINGS EVERY PERSON WOULD OWN THEIR APARTMENT, AND THAT FORM OF PROPERTY IS LIBERTY!
6:36
Ottawa needs to phase out CERB and incentivize work: Canadian Tax...
OTTAWA - Finance Minister Bill Morneau says the Liberals are easing eligibility rules for the government's emergency wage subsidy and changing the amounts businesses can receive.
The government had been under pressure to make the subsidy more accessible, specifically by loosening the requirement of a 30 per cent drop in revenues, so more companies under that cut-off can qualify.
Speaking in Toronto, Morneau says the rules will be changed so amounts paid out will be proportional to revenue declines due to the COVID-19 pandemic.
The program is the heart of the Liberals' promise to help Canadians get back to work, even if has to be at a slower pace, as the pandemic wanes.
Morneau's fiscal update last week boosted the budget for the program to $82.3 billion from $45 billion in a sign of impending changes and an extension beyond this summer.
Morneau says the program will now end Dec. 19.
He's hoping the extension will give companies confidence to rehire workers, knowing what the rules are and that the program will be around for longer.
The most recent federal figures for the program show the government has given almost $20.4 billion in payroll help to about 262,200 companies.
The government's proposed changes to the wage subsidy are part of a bill that will be debated next week when the House of Commons sits, including a one-time disability payment and extensions to some court deadlines that were both in a bill that failed to pass the Commons in June.
Speaking in Ottawa on Friday afternoon, Employment Minister Carla Qualtrough said the bill will widen the number of recipients from those receiving a disability tax credit to include those receiving Canada Pension Plan disability payments or supports from Veterans Affairs Canada.
Each would receive a $600 one-time, tax-free payment, she said.
The legislation proposes offering the payment to anyone who applies for the disability tax credit within 60 days of Parliament approving the bill.
“This financial support matters. Canadians with disabilities can have confidence that we will bring this project past the finish line,” said Qualtrough, who has responsibility for disability issues.
HOW TO INCENTIVIZE WORK: INCREASE THE MINIMUM WAGE TO $15 AN HOUR
A LIVING WAGE IS $25 AN HOUR IN CANADA, THESE WHINERS HAVE NOT INCREASED WAGES OR BENEFITS FOR THEIR WORKERS, SO THEY WANT THEM TO COME BACK FOR LESS, WOULD YOU WORK FOR LESS? SHOULD YOU? OF COURSE NOT THESE BASTARDS PROVE THEY ARE WAGE THIEVES
6:36
Ottawa needs to phase out CERB and incentivize work: Canadian Tax...
OTTAWA - Finance Minister Bill Morneau says the Liberals are easing eligibility rules for the government's emergency wage subsidy and changing the amounts businesses can receive.
The government had been under pressure to make the subsidy more accessible, specifically by loosening the requirement of a 30 per cent drop in revenues, so more companies under that cut-off can qualify.
Speaking in Toronto, Morneau says the rules will be changed so amounts paid out will be proportional to revenue declines due to the COVID-19 pandemic.
The program is the heart of the Liberals' promise to help Canadians get back to work, even if has to be at a slower pace, as the pandemic wanes.
Morneau's fiscal update last week boosted the budget for the program to $82.3 billion from $45 billion in a sign of impending changes and an extension beyond this summer.
Morneau says the program will now end Dec. 19.
He's hoping the extension will give companies confidence to rehire workers, knowing what the rules are and that the program will be around for longer.
The most recent federal figures for the program show the government has given almost $20.4 billion in payroll help to about 262,200 companies.
The government's proposed changes to the wage subsidy are part of a bill that will be debated next week when the House of Commons sits, including a one-time disability payment and extensions to some court deadlines that were both in a bill that failed to pass the Commons in June.
Speaking in Ottawa on Friday afternoon, Employment Minister Carla Qualtrough said the bill will widen the number of recipients from those receiving a disability tax credit to include those receiving Canada Pension Plan disability payments or supports from Veterans Affairs Canada.
Each would receive a $600 one-time, tax-free payment, she said.
The legislation proposes offering the payment to anyone who applies for the disability tax credit within 60 days of Parliament approving the bill.
“This financial support matters. Canadians with disabilities can have confidence that we will bring this project past the finish line,” said Qualtrough, who has responsibility for disability issues.
No comments:
Post a Comment