13.5°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

IndiaMay 29, 2026

AAP takes early lead in Punjab municipal election results

The ruling Aam Aadmi Party appeared headed for a strong showing in Punjab’s municipal elections as vote counting continued Thursday across the state. According to results available by 6 p.m. local time, the Aam Aadmi Party had won 880 wards and was leading in several others. Congress was in second place with 354 ward victories as of 5 p.m., while the Shiromani Akali Dal had secured 175 wards and the Bharatiya Janata Party had won 146 wards. Independent candidates won 245 wards. In Chief Minister Bhagwant Mann’s constituency of Dhuri, the Aam Aadmi Party won 20 of 21 seats, according to the
canada-enters-technical-recession-after-second-straight-quarterly-gdp-decline
CanadaMay 29, 2026

Canada enters technical recession after second straight quarterly GDP decline

Canada’s economy contracted for a second consecutive quarter, officially placing the country in a technical recession for the first time since 2020. According to new data released Friday by Statistics Canada, real gross domestic product declined at an annualized rate of 0.1 per cent during the first quarter of 2026. The economy had already posted a 1 per cent decline in the fourth quarter of 2025. Economists generally define a technical recession as two straight quarters of negative economic growth. Statistics Canada said increased gold imports and a slowdown in the oil and gas sector during
four-arrested-after-alleged-200-000-casino-fraud-scheme-in-vancouver
BCMay 28, 2026

Four arrested after alleged $200,000 casino fraud scheme in Vancouver

Four people have been arrested in Vancouver following an investigation into an alleged casino cheating scheme that police say defrauded a local casino of more than $200,000. The Combined Forces Special Enforcement Unit of British Columbia said the arrests were made May 5, one day after investigators were alerted to suspected cheating activity at a Vancouver casino. The investigation began after the Independent Gambling Control Office identified irregularities during casino play, according to a police statement. Police said two men and two women were arrested and later released pending charge a
pm-mark-carney-calls-for-renewed-canada-u-s-partnership-during-new-york-speech
CanadaMay 28, 2026

PM Mark Carney calls for renewed Canada–U.S. partnership during New York speech

Prime Minister Mark Carney called on the United States to build a renewed and stronger partnership with Canada during a speech in New York, saying both countries need deeper cooperation in key sectors amid growing global competition. Carney said Canada is now more resilient and confident than in previous years and positioned the country as a reliable partner for the United States, particularly in the energy sector. He said Canada is capable of helping meet American energy needs while supporting stability in North American supply chains. Addressing the issue of Chinese electric vehicles enterin
CanadaMay 28, 2026

U.S., Canada and Mexico announce joint Ebola travel measures ahead of FIFA World Cup

The United States, Canada and Mexico have announced coordinated travel health measures for visitors arriving from high-risk African regions ahead of the FIFA World Cup, citing growing concerns over the spread of Ebola. In a joint statement, the three host countries said protecting the health and safety of residents and international visitors during the North American tournament remains a top priority. The measures follow a recent World Health Organization declaration warning that an Ebola outbreak in the Democratic Republic of Congo could spread to neighbouring countries. According to the Worl

Related News