![]() ![]() Separately, the federal government proposes to extend the Canada Emergency Rent Subsidy and Lockdown Support programs – extra rent support when companies are seriously affected by public-health measures – until late September. ![]() Only employers with revenue declines of more than 10 per cent will qualify as of July 4.įurthermore, publicly listed corporations would be required to repay wage subsidies received this summer if their executive compensation in 2021 is higher than in 2019. But starting July 4, the subsidy rate will fall from its current maximum weekly benefit of $847 per employee to $226 in the final eligibility period. Ottawa proposes to extend the CEWS until September – it is currently set to expire in June – at an added cost of $10.1-billion. As part of that plan, the budget details the phase-out of the Canada Emergency Wage Subsidy (CEWS), a program that has been heavily criticized for its largesse. The federal government is planning to extend many of its signature pandemic relief programs to help businesses and workers. Since then, labour participation rates for women aged 25 to 54 in the province have grown to exceed the national average by four percentage points. The federal program is largely modelled on Quebec’s subsidized child-care system, implemented in the 1990s in an effort to increase women’s access to the labour market. The proposal, which requires negotiation with the provinces and territories, would split subsidies evenly with those governments and targets a 50-per-cent reduction in average child-care fees by the end of 2022. In total, the government proposes spending as much as $30-billion over the next five years, and $8.3-billion each year after that, to bring child-care fees down to a $10-a-day average by 2026. Child-care supports became a point of national debate during pandemic lockdowns as parents with young children struggled to juggle work and family responsibilities. The budget outlines tens of billions of dollars in federal subsidies for a national child-care program, a promise the Liberal Party has made in some form since the early 1990s.
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