Providing Small Businesses with Wage Subsidies
Government boosts wage subsidy to 75% for small, medium businesses to avoid layoffs during COVID-19 crisis
The Federal Government announced a 75 per cent wage subsidy for qualifying businesses, for up to 3 months, retroactive to March 15, 2020. This will help businesses to keep and return workers to the payroll.
More details on eligibility criteria will start with the impact of COVID-19 on sales, and will be shared before the end of the month.