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Canada’s COVID-19 Economic Response Plan: New Support to Protect Canadian Jobs

| Department of Finance Canada | backgrounders

The government is working in close consultation with all impacted sectors across the economy to take action where it is required, and is prepared to take further targeted action as needed to ensure that Canada is well-positioned for a strong recovery from the impacts of COVID-19 across all sectors of the economy.


Update - Support for Canadian Journalism

| Department of Finance Canada | backgrounders

The Government is proposing a number of changes and clarifications to these measures that would apply retroactively to the coming into force dates of each of the measures. These draft legislative proposals are in line with the original policy intent of the journalism measures and would help ensure that support is available to Canadian journalism organizations.


Additional Details on the Canada Emergency Wage Subsidy

| Department of Finance Canada | backgrounders

To help employers keep and return workers to their payroll through the challenges posed by the COVID-19 pandemic, the Prime Minister, Justin Trudeau, announced the new Canada Emergency Wage Subsidy on March 27, 2020.


Archived - Additional Details on the Canada Emergency Wage Subsidy

| Department of Finance Canada | backgrounders

To help employers keep and return workers to their payroll through the challenges posed by the COVID-19 pandemic, the Prime Minister, Justin Trudeau, announced the new Canada Emergency Wage Subsidy on March 27, 2020. This would provide a 75-per-cent wage subsidy to eligible employers for up to 12 weeks, retroactive to March 15, 2020.


Archived - The Canada Emergency Wage Subsidy

| Department of Finance Canada | backgrounders

To help businesses keep and return workers to their payroll through the challenges posed by the COVID-19 pandemic, the Prime Minister, Justin Trudeau, proposed the new Canada Emergency Wage Subsidy. This would provide a 75-per-cent wage subsidy to eligible employers for up to 12 weeks, retroactive to March 15, 2020.


Support to Canada’s Air Transportation Sector

| Department of Finance Canada | backgrounders

To help airports reduce cost pressures and preserve cash flow as they deal with the effects of COVID-19 on their revenue, the government is waiving rents paid on ground leases for the 21 airport authorities that form part of the National Airport System and that pay rent to the government. The government will waive rent payments for March 2020 through December 2020. The government is also providing comparable treatment for PortsToronto, which operates Billy Bishop Toronto City Airport, by waiving payments made to the federal government on revenues generated by the airport. This will provide relief up to $331.4 million, reflecting payments in the same period of 2018.


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