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Minister Fortier and Minister Joly highlight government support for business in virtual town hall with Franco-Ontarians

| Department of Finance Canada | news releases

Today, Minister of Middle Class Prosperity and Associate Minister of Finance Mona Fortier took part in a virtual town hall with the Assemblée de la francophonie de l’Ontario, the organization that represents the economic and socio-cultural interests of the province’s almost 750,000 French-Canadians. Joining Minister Fortier to answer questions was Minister of Economic Development and Official Languages Mélanie Joly.


Government extends the Canada Emergency Wage Subsidy

| Department of Finance Canada | news releases

Finance Minister Bill Morneau today announced that the Government of Canada will extend the CEWS by an additional 12 weeks to August 29, 2020. Extending the program will give workers greater confidence that they will continue to get the support they need during these difficult times. The Government will consult with key business and labour representatives over the next month on potential adjustments to the program to incent jobs and growth, including the 30 per cent revenue decline threshold. Any potential changes following the consultation will have as key objectives to maximize employment, ensure the CEWS reflects the immediate needs of businesses, and support the post-crisis economic recovery.


Minister Fortier highlights government support for businesses in virtual town hall with the Chamber of Commerce for Greater Moncton

| Department of Finance Canada | news releases

Today, Minister of Middle Class Prosperity and Associate Minister of Finance Mona Fortier took part in a virtual town hall with the Chamber of Commerce for Greater Moncton. She discussed challenges facing New Brunswick businesses and pointed to the Government of Canada’s ongoing support for companies and workers through its COVID-19 Economic Response Plan.


Government of Canada appoints Tiff Macklem as next Governor of the Bank of Canada

| Department of Finance Canada | news releases

Today, Finance Minister, Bill Morneau, announced that Tiff Macklem will be appointed Governor of the Bank of Canada, effective June 3, 2020. Mr. Macklem will replace Stephen S. Poloz, who has led the Bank since 2013, and will be completing his seven-year term at its helm in early June.


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2017-05-26