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Large business, non-profits, charities all eligible for wage subsidy : Trudeau
BY , Mar 30, 2020 5:38 PM - REPORT AN ERROR
Prime Minister Justin Trudeau addresses Canadians on the COVID-19 pandemic from Rideau Cottage in Ottawa on Friday, March 27, 2020. THE CANADIAN PRESS/Sean Kilpatrick
Prime Minister Justin Trudeau says the new wage subsidy program will cover all businesses whose revenue has dropped by at least 30 per cent because of COVID-19.
That includes non-profits and charities.
Trudeau revealed more details about the previously announced program this morning.
He says there is no restriction on the number of employees a company must have in order to qualify.
Under the program, the government will cover 75 per cent of salary on the first $58,700 a person earns.
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