| Department of Finance Canada | backgrounders
As part of its COVID-19 Economic Response Plan, the government introduced the Canada Emergency Wage Subsidy (CEWS) to prevent further job losses, encourage employers to quickly rehire workers previously laid off as a result of COVID-19, and help better position the Canadian economy as we bridge to the other side.
| Department of Finance Canada | backgrounders
The Government is proposing to protect jobs and safe operations of junior mining exploration and other flow-through share issuers, by extending the timelines for spending the capital they raise via flow-through shares by 12 months.
| Department of Finance Canada | backgrounders
Through Canada’s COVID-19 Economic Response Plan, the Government of Canada has taken strong, immediate, and effective action to protect Canadians from the impacts of the pandemic, prevent layoffs, and provide emergency income support to families.
| Department of Finance Canada | backgrounders
The government has taken immediate and decisive action to help keep Canadians employed and support businesses through this challenging time. Canada’s COVID-19 Economic Response Plan includes support for businesses of all sizes so that they can avoid layoffs, pay their employees and cover their rent.
| Department of Finance Canada | backgrounders
Finance Minister Bill Morneau today announced the release of proposed amendments to the Income Tax Regulations (Regulations) that apply to registered pension plans and deferred salary leave plans. These temporary relieving measures would help the participating employers and employees of those plans in the face of challenges created by the COVID-19 pandemic.
| Department of Finance Canada | backgrounders
Coming into force of regulations providing relief to federally regulated private pension plan sponsors
| Department of Finance Canada | backgrounders
The government introduced the Canada Emergency Wage Subsidy (CEWS) to prevent further job losses, encourage employers to rehire workers previously laid off as a result of COVID-19, and help better position Canadian companies and other employers to more easily resume normal operations following the crisis. Currently, the CEWS is in place for a 12-week period, from March 15 to June 6, 2020.
| Department of Finance Canada | backgrounders
The Directors met as a Special Committee on April 30, 2020 and adopted a resolution pursuant to Section 6 of the Act, appointing Mr. Tiff Macklem as Governor of the Bank of Canada effective June 3, 2020, to succeed Mr. Stephen S. Poloz.
| Department of Finance Canada | backgrounders
Tiff Macklem is the Dean of the Rotman School of Management at the University of Toronto, a role he assumed in July 2014. During his leadership at Rotman, Mr. Macklem has been a frequent speaker on the global financial system, risk management and public policy. He has also chaired the Global Risk Institute, and the Expert Panel on Sustainable Finance.
| Department of Finance Canada | backgrounders
Support for Students and Recent Graduates Impacted by COVID-19.
