On March 27, 2020, Justin Trudeau announced an increase from the previously announced temporary wage subsidy program for small to medium-sized employers. The previous program covered up to 10% of payroll to a maximum of $25,000. The increase will cover up to 75% of payroll. Trudeau stated eligibility details, including any applicable maximums, will be released by March 30, 2020. The new program will also be retroactive to March 15.
We will provide further details when they become available.
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.
