8.45°C Vancouver

Nov 25, 2021 1:21 AM - The Canadian Press

Narrower aid package is because the economy no longer needs the same broad-based help it once did: Chrystia Freeland

Share On
narrower-aid-package-is-because-the-economy-no-longer-needs-the-same-broad-based-help-it-once-did-chrystia-freeland
The Trudeau Liberals have outlined their latest aid package for an economy recovering from COVID-19. (Photo - Chrystia Freeland/Twitter)

The Trudeau Liberals have outlined their latest aid package for an economy recovering from COVID-19.

They're proposing targeted support to severely affected businesses, locked-down workers, and extra weeks of benefits that expired just days ago.

The legislation introduced in the House of Commons today is one of four bills the government wants MPs to pass before the middle of December ahead of a scheduled winter break.

The Liberals are proposing to send $300 per week to workers who find themselves off the job because of a ``COVID-19-related public health lockdown in their region'' between now and spring of 2022.

Those payments would be retroactive to Oct. 24 when the Liberals let a pandemic-era benefit for the unemployed expire.

The Canada Recovery Benefit's sickness and caregiver benefits would each get revived after expiring this past weekend with two more weeks of eligibility until May 7th.

Wage and rent subsidies for businesses would be more generous andtargeted over that same period to still-hurting tourism, culture and hospitality sectors, as well as a long list of establishments like movie theatres, arcades, casinos and gyms.

All would need to prove a deep and prolonged revenue loss to qualify.

Dan Kelly, president of the Canadian Federation of Independent Business, praises the extended list of eligible companies but says the high bar for revenue losses would leave out too many small businesses.

Latest news

small-businesses-set-to-receive-relief-in-budget-as-tax-rules-may-be-simplified-françois-philippe-champagne
CanadaNov 02, 2026

Small Businesses Set to Receive Relief in Budget as Tax Rules May Be Simplified: François-Philippe Champagne

Canada’s Finance Minister François-Philippe Champagne has indicated that the federal budget to be tabled on Thursday will include new measures to support small and medium-sized businesses, potentially including steps to simplify tax procedures. Speaking during a question-and-answer session at the Canadian Club in Toronto, Champagne said the budget would be largely focused on entrepreneurs, innovators and creators, with small businesses expected to receive significant relief. Addressing the current tax system, the minister acknowledged that Canada’s tax code contains several complicated ru
BCNov 02, 2026

One person has died following a house fire in Chilliwack, British Columbia.

According to officials, the fire broke out Friday afternoon at a home near Young Road and Henley Avenue. The blaze originated in the basement of the house. Firefighters received a call about the incident at approximately 2:15 p.m. Upon arriving at the scene, they discovered that someone was trapped inside the home. The Chilliwack Fire Department said firefighters worked hard to bring the blaze under control and managed to rescue one person from inside the house. Unfortunately, the individual was pronounced dead at the scene. Fire Chief Andrew Brown said the cause of the fire is under investiga
BCNov 02, 2026

Liberals Outraise Conservatives by Nearly $1 Million in Third Quarter of 2026

Canada’s ruling Liberal Party has outpaced the Conservative Party by nearly $1 million in fundraising during the third quarter of 2026. According to the latest figures released by Elections Canada, Prime Minister Mark Carney’s Liberal Party raised approximately $4.9 million from 36,000 donors between July and September, while the opposition Conservatives collected around $3.9 million from nearly 29,000 donors. In the previous quarter, the Conservatives had led the fundraising race with $5 million, compared with $4.3 million raised by the Liberals. However, the latest figures show a turnaro
BCNov 02, 2026

Two Arrested After Stolen Vancouver Truck Crashes in Surrey

Two people have been arrested after a truck stolen from Vancouver crashed in Surrey the following day. According to the Surrey Police Service, the incident came to light on Thursday afternoon when an officer patrolling the 5600-block of 144 Street received an alert from the Automatic Licence Plate Recognition (ALPR) system, identifying the vehicle as stolen. Police maintained a safe distance while pursuing the truck and received assistance from the Air 1 helicopter. Staff Sgt. Lindsey Houghton said the truck driver was operating the vehicle in an extremely dangerous manner before eventually co
israeli-airstrikes-kill-three-palestinians-in-gaza-several-others-injured
WorldNov 02, 2026

Israeli Airstrikes Kill Three Palestinians in Gaza, Several Others Injured

At least three Palestinians were killed and several others injured in Israeli airstrikes across the Gaza Strip on Monday. According to health officials, two people were killed and six others injured in two separate airstrikes in Khan Younis, southern Gaza. Another person was killed in a separate strike in the town of Al-Mussaddar. The Israeli military confirmed the attacks, saying it had targeted Palestinian militants. Israel has accused Hamas of violating the ceasefire by rebuilding its weapons stockpiles and attempting to carry out attacks. Hamas, however, rejected the allegations and accuse

Related News