Canadian businesses and employees can expect a clearer picture today of Ottawa’s proposed wage subsidy program.
Announced last Friday, the subsidy saw a boost from the initial 10 per cent, up to 75 per cent.
With unprecedented isolation measures being taken to try to slow the spread of the new coronavirus, the national economy has been severely impacted, resulting in staggering job losses.
So far, the government has responded by rolling out a bailout package totalling more than $200 billion.