New Federal money is flowing for Business Support.
The “Local Lockdown Program” has been expanded to include employers subject to capacity-limiting restrictions of 50 per cent or more; and reduce the current-month revenue decline threshold requirement to 25 per cent.
Eligible employers will receive wage and rent subsidies from 25 per cent up to a maximum of 75 per cent, depending on their circumstance.
The expanded Canada Worker Lockdown Benefit includes workers in regions where provincial or territorial governments have introduced capacity-limiting restrictions of 50 per cent or more.
This benefit will provide $300 a week in income support to eligible workers, who are directly affected by a COVID-19-related public health lockdown, and who have lost 50 per cent or more of their income as a result.
These updated regulations will apply from December 19 th, to February 12th of this year.
In addition, the federal government continues to provide the following programs: The Tourism and Hospitality Recovery Program, with a subsidy rate of up to 75 per cent.
The Hardest-Hit Business Recovery Program, with a subsidy rate of up to 50 per cent.
As well, the Canada Recovery Hiring Program, will now remain open until May 7th, 2022, with varying subsidies.
Contact Cheryl Gallant’s office at 613-732-4404.
