The new supports will make it easier for businesses to qualify for rent and wage subsidies and easier for workers to access the Canada Worker Lockdown Benefit.
The Federal Government is temporality expanding the definition of a lockdown.
This will allow more employers and workers to qualify for wage and rent subsidies and programs. Finance Minister Chrystia Freeland explains what this will mean for employers.
"If you are an employee who has to reduce your capacity by 50 percent or more, you will be eligible for wage and rent subsidy support through the local lockdown program and we are lowering the revenue defining threshold from 40 percent to 25 percent. Eligible employers will receive wage and rent subsidy support from between 25% to up to 75%, depending on how much revenue the business has lost."
Employers will only need to prove revenue loss for the current month and not on a year over year basis under the new guidelines.
As for workers, you will be eligible for the Canada worker lockdown benefit if you live in a region with 50 percent capacity limits and have lost 50 percent or more of your income.
The new measures start on December 19th and run through February 12, 2022.
Norfolk OPP Briefs - Oct. 20th, 2025
WFD Tips for Diwali Celebrations
Green Bin Delivery Begins
Student Stair Climb Returns to Community Complex
Filming Begins for Condemned Woodstock Season Two
Wettlaufer Sentenced to Life in Prison
Collision in Norfolk Leads to Charges
OLG Gives Payment to Woodstock
Celebration Hits Township of Norwich
UPDATE: Oxford OPP Find Missing Man
PJHL Preview - Oct. 17th - Oct. 19th
A Walk In Their Shoes Tomorrow
September Breakdown for WPS
Driver Charged in Waterford Traffic Stop
Donation Given to TFRS
SWPH Prepares for Respiratory Illness Season
Amazing Race for Ingamo Homes Fast Approaching
Fundraiser to Support Burgessville Mother Amid Cancer Battle
Operation Impact Results for WPS
Funding Available for Oxford County Residents
Comments
Add a comment