Ottawa boosts SMB wage subsidies from 10% to 75%
March 27, 2020
By BIV |
What happened: Federal government unveils new supports for small businesses, including significant boost to wage subsidy
Why it matters: The government says measures will be more effective at keeping workers on the payroll
Ottawa’s previously announced wage subsidy for small businesses is getting a massive boost from 10% to 75%.
Prime Minister Justin Trudeau acknowledged Friday (March 27) the government needed to do “much more” to help small businesses keep workers on the payroll.