Trudeau announces new business supports as COVID cases continue to spike

  • 📰 nationalpost
  • ⏱ Reading Time:
  • 38 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 80%

United States News News

United States United States Latest News,United States United States Headlines

The new business supports include a new rent support program that will go directly to businesses

. The Liberals previous program, which expired in September, required landlords to take part, but this new program will give the money directly to businesses.Article content continued

The new program will cover up to 65 per cent of rent costs for businesses that have a revenue decline of 70 per cent or more. They can also get an additional 25 per cent top up if they become subject to lock downs.Ford locks down Ontario’s COVID-19 hotspots: Indoor dining at bars, restaurants now prohibited

The government also announced the wage subsidy program will continue to December, covering 65 per cent of wages and then being reduced until next summer. Deputy prime minister Chrystia Freeland said the new steps are designed to help businesses get through the rest of the pandemic. “These targeted measures will provide a bridge to businesses,” he said. “This is the economically smart thing to do and it is the right thing to do.”

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Did Little Potato say whom is paying for all this?

Screw this!!! No really. What is the plan to get Canada back on track again? His policies (if any) are non existent at best. Money will run out. What then? Where is the bloody leadership of Canada & Canadians. Throw money with zero plans for recovery? cdnpoli Trudeau

with what fucking money?

All in on Covid...

payoff money needed because of the mess the media and government created. The customers are gone. This isn't going to help bring them back. Businesses dependent on government dole will go bust

Wow JustinTrudeau fordnation see you are using student loan interest to earn back some money...! Disgraceful interest rate at a time like this!

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 10. in US

United States United States Latest News, United States United States Headlines