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A suite of pandemic aid programs will come to an end on Saturday as scheduled.
BY The Canadian Press, Oct 21, 2021 4:46 PM - REPORT AN ERRORFinance Minister Chrystia Freeland says a suite of pandemic aid programs for businesses and individuals will come to an end on Saturday as scheduled.
In their place -- she has announced more direct subsidies to still-hurting sectors of the economy.
Freeland says the support now needs to be more narrow, more targeted, and less expensive
Freeland says the government estimates the total cost of the new benefits from October 24th through to May 7th of next year will be 7.4-billion dollars.
She says that compares to 289-billion spent on income and business supports since the start of the pandemic.
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