Listen Live
Listen Live

Canada Emergency Wage Subsidy receives Royal Assent

The $73 illion aid package will pay employers up to 75% of employee’s wages up to $58,700 for each employee.

That’s up to $847 a week for 12 weeks and is retroactive to March 15th.

The subsidy will be available for companies that lost 15% of their revenue in March and 30% in April and May.

A limited number of MPs debated the bill for five hours on Saturday and just three hours later Senators passed the bill, making way for Governor General Julie Payette to give Royal Assent.

It is the largest financial aid package since World War II.

In his remarks Prime Minister Justin Trudeau called people on the frontlines modern-day heroes and asked all Canadians to do their part to fight COVID-19, “Without reservation, without pause, we must fight for every inch of ground against this disease. We must be there for each other as we spare no effort to safeguard our collective future.”

- Advertisement -

cjoc Now playing play

ckbd Now playing play

Related Articles

- Advertisement -

Latest News

Single lane road closures to commence Wednesday

Single lane road closures will commence Wednesday and Thursday this week on the Scenic Drive bridge over Whoop-Up Drive, as maintenance work begins. 

Environmental Blitz Day returns, as the City promotes clean and green

There are simple ways to help keep Lethbridge clean and green. 

Lethbridge rent remains among lowest: monthly rent report

Rent in Lethbridge remains among the lowest of the 60 municipalities included in a report looking at rents in June.

Public looking to locate missing 12-year-old

The public is being asked for their help locating a missing 12-year-old. 

Waterton Park singer/songwriter’s ‘Fault Lines,’ includes homage to Alberta living

Kyle Owen’s brand-new solo album Fault Lines “explores emotional vulnerability through a rich blend of raw textures, recorded on old instruments that lend the project a weathered, intimate warmth.” 
- Advertisement -