The Canada Emergency Wage Subsidy (CEWS) is being extended to December, Prime Minister Justin Trudeau has announced.
Extending the program will “give greater certainty and support to businesses as we restart the economy,” Trudeau told reporters from his home in Ottawa on Monday (July 13th).
Canadian employers can apply for the CEWS if their business has been affected by COVID-19 – applicants can apply for subsidy of 75 per cent of employee wages.
As of July 6th, the wage subsidy had paid out $18.01 billion to 252,370 companies in payroll assistance.
About the Canada-U.S. border
Trudeau also fielded questions on Monday regarding the Canada-U.S. border closure, and as to whether or not the closure will be extended.
The deadline date for reopening the Canada-U.S. border is currently set for July 21st.
Trudeau didn’t confirm if whether or not the border will, indeed, remain closed beyond that date.
“We recognize that the situation continues to be complex in the United States in regards to COVID-19,” Trudeau told reporters. “Every month we have been able to extend the border closures to all but essential goods and services.”
Trudeau, who spoke with U.S. President Donald Trump today about a variety of issues, said that more details regarding the Canada-U.S. border closure will be revealed soon.
“We will have more to say this week, I’m sure,” Trudeau said, calling his discussions with the U.S. “ongoing.”
Trudeau added: “We’re going to continue to work hard to keep Canadians safe."
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