OTTAWA—Finance Minister Chrystia Freeland says the federal government is reshaping a suite of pandemic aid programs for businesses and individuals starting this weekend. The federal wage and rent subsidies are scheduled to expire on Saturday, along with benefits for some unemployed workers. Freeland says the measures were always designed to be temporary to get through the crisis. She says the country is now in a very different phase of the COVID-19 pandemic, noting the labour market has recovered all the jobs lost last year and vaccination rates are rising. In place of the broad wage and rent subsidies for businesses will be more direct subsidies to still-hurting sectors of the economy. Mark Agnew, senior vice-president policy with the Canadian Chamber of Commerce, says the retooled government support programs would allow businesses that continue to be impacted by public health restrictions to survive until they can recover. “This is the fair …
With Hours Before Deadline, Liberals Reshape Pandemic Aid to Businesses, Workers
October 21, 2021
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