COVID-19 UPDATES | April 16, 2020
GOVERNMENT AID
The Government of Canada has revised the eligibility criteria for its Emergency Wage Subsidy program. Companies that had minimum losses in revenue 15% for the month of March and then at least 30% for the following months will be able to apply to for aid under this program. These losses can calculated by comparing revenues for the same month of the previous year or by the average revenues from January and February 2020.
For more information, please click here.
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TRAINING GRANTS
The Quebec government has launched the Programme actions concertées pour le maintien de l’emploi (PACME). This support for businesses, which represents nearly $100 million, will serve to promote employee training and prepare them for the time when businesses return to economic stability.
For more information, please click here.