Prime Minister Justin Trudeau announces today, plans to increase the previously announced wage subsidy for small and medium sized employers from 10% to 75% and will be back-dated to March 15, 2020. This is welcome news for employers and employees alike bearing the burden of the uncertainty of business during these difficult times. The PM makes mention today of how much a small business is like family, and comments on the difficulty experienced when an employer is forced to lay off workers.
Subsidy Increase - Watch The Announcement
The above link shares the CBC News update aired today.