Tag Archives: revenue loss
Coronavirus: Canada to help all businesses with revenue loss of 30% or more
A Canadian program to help businesses pay wages during the coronavirus outbreak applies to all enterprises and charities with a revenue loss of 30% or more, Prime Minister Justin Trudeau said on Monday. Trudeau, who said last week that Ottawa would cover up to 75% of the wages of people working for small and medium enterprises, made clear the aid would not depend on business size. It will be capped at C$847 ($596) a week per worker. The announcement marks the latest move by the Liberal government to intensify the fight against the coronavirus and COVID-19, the disease it causes. >click to read< 16:47
