During a televised Throne Speech in September, Prime Minister Trudeau spoke about how the government plans to manage health and economy over the coming months of the pandemic and the plan to stimulate an economic recovery.
Through environmentally focused measures and incentives for companies to hire and train workers, the Liberal minority government vowed to create one million new jobs.
The government said it will do this through “direct investments in the social sector and infrastructure, immediate training to quickly skill up workers, and incentives for employers to hire and retain workers.”
As part of that plan, the government will extend the Canada Emergency Wage Subsidy until summer 2021. The program offers 75% of wages, up to a weekly maximum of $847, for workers at eligible companies and non-profits affected by the economic slowdown caused by the COVID-19 pandemic and was originally set to end at the end of 2020. This incentive will help employers retain their workforce during this challenging time.
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