13.78°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

bank-of-canada-expected-to-hold-key-interest-rate-at-2-25-this-week
CanadaJun 08, 2026

Bank of Canada expected to hold key interest rate at 2.25% this week

The Bank of Canada is widely expected to leave its key policy interest rate unchanged at 2.25 per cent when it announces its latest monetary policy decision on Wednesday. Economists estimate there is a 95 per cent likelihood that the central bank will hold rates steady for a fifth consecutive meeting. According to market analysts, policymakers are likely to focus on ongoing geopolitical uncertainty linked to the conflict involving Iran, as well as the economic implications of the upcoming review of the Canada–United States–Mexico Agreement (CUSMA). The decision comes as recent Statistics C
AlbertaJun 08, 2026

Alberta funds five major sporting events, with four scheduled in Edmonton region

The Alberta government has announced funding for five major sporting events taking place across the province this year, including four events scheduled in Edmonton and surrounding communities. According to the provincial government, $1.3 million has been provided through the Alberta Major Sport Event Grant Program to support national and international competitions. The funding also includes support for seven sporting events that were held earlier this year. Upcoming events receiving support include the North American Cup Series from June 26 to 28, the Edmonton Athletics Invitational on July 12
carney-to-visit-france-and-ireland-ahead-of-g7-summit
CanadaJun 08, 2026

Carney to visit France and Ireland ahead of G7 summit

Prime Minister Mark Carney will travel to France and Ireland this week as part of a diplomatic visit focused on trade, security and international cooperation. According to the Prime Minister's Office, Carney will meet French President Emmanuel Macron in Paris ahead of the G7 summit. The leaders are expected to discuss cooperation in artificial intelligence, defence and critical minerals. Carney will then travel to Dublin for talks with Irish Prime Minister Micheál Martin. The meeting is expected to focus on strengthening trade and economic ties between Canada and Ireland. Officials say it wil
AlbertaJun 05, 2026

Edmonton police charge man in alleged sexual offences involving minor, seek additional victims

Edmonton police have charged a 30-year-old man in connection with alleged sexual offences involving a minor and say investigators believe there may be additional victims. According to the Edmonton Police Service, Brian Brook Kaskamin was arrested on June 2 and faces several charges, including sexual offences involving a minor and administering an intoxicating substance. The allegations have not been tested in court. Police allege Kaskamin used the Grindr app to contact minors and would often invite vulnerable youth to his residence in northeast Edmonton. Investigators said they are concerned t
vancouver-police-seize-drugs-cash-and-weapons-in-downtown-eastside-trafficking-investigation
BCJun 05, 2026

Vancouver police seize drugs, cash and weapons in Downtown Eastside trafficking investigation

Vancouver Police say officers seized more than $79,000 worth of illegal drugs, cash and weapons following a targeted drug trafficking investigation in the city's Downtown Eastside. According to a Vancouver Police Department release, the operation, known as Project Bingo, began in December 2025 after investigators observed suspected drug trafficking activity at a single-room occupancy (SRO) building near East Hastings Street and Princess Avenue. Police said investigators spent approximately six months gathering evidence before executing a search warrant at the building last month. Officers repo

Related News