Latest March Data Captures Devastating Impact of COVID-19 on Canadian Businesses
byNearly half of Canadian employers laid off 80% or more of their employees in March.
Finance
Ontario Frontline Workers Fighting COVID-19 to Receive Hourly Pay Increase
byAn additional $4 per hour for the next 16 weeks 👏
Canada Emergency Wage Subsidy Applications Open Today
byEligible small businesses can receive a 75% wage subsidy for their employees.
Trudeau Announces 75% Rent Relief for Small and Medium-Sized Businesses
byFor the months of April, May, and June.
The Complete 2020 Property Tax Deferral Schedule for the GTA
byEach community has a different deferral program.
Canada Emergency Wage Subsidy Applications to Open Next Week
byIf approved, employers may be eligible for a subsidy of 75% of employee wages.
More Than 1/3 of Canadian Workers Worried They’ll Lose Their Job in April
byMillions of Canadians already lost their jobs in March.
Toronto Could Face Budget Shortfall of Nearly $2.8 Billion Because of COVID-19: Tory
byThough the best case scenario would see Toronto lose ‘just’ $1.5 billion.
Trudeau Announces Over $1 Billion in Financial Support for Canada’s Hardest Hit Sectors
byAs well assistance for small businesses and people working in the arts, culture, and sports sectors.
Bank of Canada Says COVID-19 Downturn Will Be “Sharpest” on Record
byThe bank also announced new measures to provide additional support to Canada’s financial system.