Ottawa eyes changes to business supports as Omicron wreaks havoc

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Finance Minister Chrystia Freeland’s office said the government is considering changes to federal supports because of the threat of Omicron

The federal government is considering changes to its recently approved COVID-19 support programs to help small businesses that are struggling with the rising wave of Omicron and new provincial restrictions.

“Put frankly, tens of thousands of small firms across Canada will receive no support from governments while government restrictions dramatically reduce their ability to serve customers and public-health warnings frighten many consumers into staying home,” CFIB president Dan Kelly and Restaurants Canada chief executive officer Todd Barclay said in the letter.

“Christmas is coming up,” Mr. Rutherford said. “You want to, you know, give the family a great experience and spend time with them. And I’m thinking about, how do I put food on the table in January?” Bill C-2, which included the new programs, was introduced on Nov. 24, more than a month after the previous round of aid had expired. At the time, the possibility of further lockdowns seemed unlikely and the bill did not move with urgency. The initial attention on the bill focused on parts that extended wage and rent supports for businesses in the hardest-hit sectors of the economy, such as tourism and food services.

“Once this law is on the books, I will be very happy to speak with [provincial and territorial leaders], look at the measures that they have in place, talk to our public-health authorities and to consider where they do qualify for the lockdown support for workers and businesses,” Ms. Freeland told the Senate on Dec. 16. The minister also said her recent fiscal update included $4.

The legislation also extends federal wage and rent supports, but divides them into two narrow categories: the Tourism and Hospitality Recovery Program and the Hardest-Hit Business Recovery Program. The tourism and hospitality program is more generous, providing a subsidy rate of up to 75 per cent to businesses with a revenue loss of at least 40 per cent.

 

ขอบคุณสำหรับความคิดเห็นของคุณ ความคิดเห็นของคุณจะถูกเผยแพร่หลังจากได้รับการตรวจสอบแล้ว

🇺🇸 : be vigilant but don’t panic. Don’t cancel your holiday plans 🇨🇦 : shut everything down, don’t travel, don’t get together with anyone They must have different scientists and be following a different science than us! canpoli cdnmedia

It’s not Omicron wreaking havoc, it’s the government!

I guess that half a trillion in new debt isn't enough.

Havoc? There's been no deaths or hospitalizations in Canada from Omicron. Why the panic headline here?

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