wage subsidy

Keyword: wage subsidy

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In its 2021 budget on Monday, the federal government said it’s proposing nearly $30 billion over the next five years towards a national community-based childcare system. The budget stated that starting in 2021/2022, an investment of up to $27.2 billion over five years will bring the federal government to a 50/50 share of childcare costs […]

  • By: Staff
  • April 20, 2021 April 20, 2021
  • 09:00

On the heels of the World Health Organization declaring the novel coronavirus a global pandemic on March 11, 2020, Canada’s federal government rolled out several programs to support employers and employees through this once-in-a-century crisis. Almost three weeks after the pandemic declaration by the WHO the federal government introduced the Canada Emergency Wage Subsidy on […]

Jagmeet Singh is promising a federal New Democratic Party government would provide more support for small businesses struggling during the coronavirus pandemic, including paying bonuses to companies that hire new employees or bring back those who have been laid off. Singh unveiled the promises during a campaign-style event in British Columbia earlier this week, less […]

Companies have modest hiring plans, low wage growth expectations, Bank of Canada says

Canadian workers and companies expect wage growth to stay low over the coming year over heightened uncertainty from the coronavirus pandemic, the Bank of Canada says in two new reports. The central bank’s business outlook survey finds that wage growth is widely expected to slow over the next year, with some firms reporting a wage […]