Trudeau Says Loans For Large Companies Will Protect Millions Of Jobs
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.
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.
This makes New Brunswick the only province in Canada to have no existing cases, joining Yukon and the Northwest Territories with zero active cases as of Saturday afternoon.
The mayor and deputy mayor also oppose a truck traffic permit that could raise $1-million in revenue, but critics say it will make the region a less competitive place to do business.
The province will be announcing a plan in the coming days to loosen restrictions imposed under the state of emergency, including the gradual re-opening of the economy, the premier announced Thursday.
Rivers Corbett has launched CHEFtorial, which aims to help chefs make up for lost income and create connections during social distancing.
Mayor Don Darling said this shows we are not immune to the impacts of the global pandemic.
Whether it’s a restaurant on reduced hours or take-out and delivery-only, or a grocery store with special hours and delivery services, visit the directory regularly to see how and keep buying local and showing your support for local businesses.
The government will cover 75 percent of the first $58,700 of an employee’s salary, up to $847 per week. But Bill Morneau said the funding will only become available in about six weeks.
On Friday, the prime minister said the 75 percent subsidy would be for small- and medium-sized businesses. He made clear Monday that large businesses and non-profits will be eligible too.
In his national address Friday, Prime Minister Justin Trudeau acknowledged that the original 10 percent subsidy was not enough to help small businesses get through the coronavirus crisis.