PM Announces $255-Million For Clean Energy Projects That Will Power 350,000 N.S. Homes
Justin Trudeau says the funding will help the province overly reliant on coal meet its goal of achieving 80 percent renewable energy by 2030.
Justin Trudeau says the funding will help the province overly reliant on coal meet its goal of achieving 80 percent renewable energy by 2030.
In this episode of the Insights podcast, Don Mills, David Campbell and Mark Leger have a lively discussion about the Nova Scotia election, the federal campaign now underway, and the opportunities that it holds for economic development for Atlantic Canada.
The updated subsidy would increase support by 25 percent, paying up to 90 percent of businesses’ rent.
The Prime Minister says the latest extension is “to give greater certainty and support to businesses as we restart the economy.”
The government also announced that the U.S./Canada border will continue to be closed for non-essential travel until at least July 21.
The business organizations say the federal proposal would place a substantial financial burden on companies in the early days of Canada’s Covid-19 recovery phase.
The prime minister said the government will also consider mechanisms for the longer term to support workers with sick leave.
Hair salon owners with stylists who rent chairs, local physiotherapists, and independent gym owners with contracted trainers are the kinds of businesses that are now eligible for loans.
The prime minister promised to put safeguards in place to protect the environment and prevent companies from using the money on shareholder dividends and executive compensation.
OTTAWA — The federal government has released more information about its Canada Emergency Wage Subsidy, as well as new timelines for when qualifying businesses can expect to receive it. Jean-Yves Duclos, the president of the Treasury Board, announced today that businesses affected by COVID-19 will be able to apply for the subsidy starting Monday, April […]