$82 billion federal government aid package – high points for employers
The Federal Government just announced various COVID-19-related measures in its Canada’s Covid-19 Economic Response Plan: Support for Canadians and Businesses. The full statement can be found here.
The following may be of particular interest to employers:
Emergency Care Benefit
The “Emergency Care Benefit provides up to $900 bi-weekly, for up to 15 weeks. This flat-payment Benefit would be administered through the Canada Revenue Agency and provide income support to:
- Workers, including the self-employed, who are quarantined or sick with COVID-19 but do not qualify for EI sickness benefits.
- Workers, including the self-employed, who are taking care of a family member who is sick with COVID-19, such as an elderly parent, but do not quality for EI sickness benefits.
- Parents with children who require care or supervision due to school closures, and are unable to earn employment income, irrespective of whether they qualify for EI or not.”
Small business relief
“To support businesses that are facing revenue losses and to help prevent lay-offs, the government is proposing to provide eligible small employers a temporary wage subsidy for a period of three months. The subsidy will be equal to 10% of remuneration paid during that period, up to a maximum subsidy of $1,375 per employee and $25,000 per employer. Businesses will be able to benefit immediately from this support by reducing their remittances of income tax withheld on their employees’ remuneration. Employers benefiting from this measure will include corporations eligible for the small business deduction, as well as non-profit organizations and charities.”
Archive
Nancy Rubin, QC and Sam Ward Background Wiseau Studio, LLC et al. v. Harper et al.1, a recent decision authored by Justice Schabas of the Ontario Superior Court of Justice, is not just a terrifically…
Read MoreJoe Thorne and Madeleine Coats On Friday, May 8, the Supreme Court of Canada released its unanimous written decision in 9354-9186 Québec inc. v. Callidus Capital Corp., 2020 SCC 10 (the “Decision”). The case was…
Read More*Last updated: May 12, 2020 (Originally published April 29, 2020) Kathleen Leighton On March 19, 2020, the Province of New Brunswick declared a state of emergency in relation to the COVID-19 pandemic. On March 25,…
Read MoreMurray Murphy, QC, CPHR, and Charlotte Jenkins Mental health impacts of COVID-19 The mental health impacts of COVID-19 have been, and will continue to be significant and wide-spread around the world. Individuals are continuously required…
Read MoreNancy G. Rubin, QC and Erin McSorley In response to the immense public health and safety challenges posed by the COVID-19 pandemic, Courts across the country have modified their practices and procedures. This article provides…
Read MoreKathleen Leighton On March 18, 2020, Newfoundland and Labrador declared a public health emergency as a result of the COVID-19 pandemic. While a declaration of public health emergency is in effect, the Chief Medical Officer…
Read MoreBrian Johnston, QC and Brittany Trafford Governments and employers are strategizing ways to open economies, businesses and services following unprecedented closures around the world.1 In Canada, each Province is taking its own approach and various…
Read MoreStephanie Stapleford, Andrew Burke, Mike Carver, Matthew Craig and Divya Subramanian Part 1: Virtual shareholders’ meetings The escalating COVID-19 crisis, and federal, provincial and local governments’ directives for individuals to comply with social distancing policies,…
Read MoreKimberly Bungay In the spring sitting of the legislature, the Nova Scotia government introduced Bill 226, which amends the Companies Act (the “Act”) to require companies incorporated under the Act to create and maintain a…
Read MoreCatherine Lahey, QC, Iain Sinclair and Robert Bradley The Province of New Brunswick declared a State of Emergency on March 19, 2020 related to the COVID-19 pandemic and issued a Mandatory Order stipulating restrictions on…
Read More