COVID-19 Update March 30, 2020

Update from Prime Minister Justin Trudeau:

Business must have reduced earnings of at least 30% and is available for large and small businesses. The number of employees will not affect eligibility.

It is also available to non-profit and charities.

75% of the first $58,700 will be covered.

It is backdated to March 15, 2020.

There will be serious consequences who those that game the subsidy.

More Technical details to come. Department of Finance will speak on March 31, 2020.

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