Today, the Honourable Mona Fortier, Minister of Middle Class Prosperity and Associate Minister of Finance took part in a virtual town hall organized by the Kelowna Chamber of Commerce, in partnership with the Okanagan College School of Business.
The Minister took this opportunity to discuss the various challenges facing businesses and underline the Government of Canada’s ongoing support for companies and workers through its COVID-19 Economic Response Plan.
Finance Minister Bill Morneau and Minister of Innovation, Science and Industry Navdeep Bains, today announced the opening of the application process for the government’s Large Employer Emergency Financing Facility (LEEFF).
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.
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.
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.
Today, Finance Minister, Bill Morneau, announced action to further ensure Canadians have access to personal protective equipment (PPE) and other necessary medical equipment.
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.
Today, Minister Fortier continued to meet virtually with business associations across Canada. She participated in a digital town hall with Workforce Windsor-Essex, the fifth such outreach event in the last month.
Today, Minister Fortier continued to meet virtually with business associations across Canada. She participated in a digital town hall with the Greater Sudbury Chamber of Commerce, the fourth such outreach event in the last month.