Statement welcoming the Prime Minister’s announcement that wage subsidies will be available to employers of all sizes

by Goldy Hyder – President and Chief Executive Officer, Business Council of Canada

We welcome today’s announcement that the Canada Emergency Wage Subsidy will be available to employers of all sizes that have experienced a decline in revenues. The wage subsidy will help to prevent further layoffs, conserving as many jobs as possible through the COVID-19 pandemic. Combined with the Canada Emergency Response Benefit, these measures provide much-needed relief to employers and employees.

We look forward to reviewing the details of the program as they become available.