The federal government has announced its intention to extend enhanced support programs to ensure workers and businesses continue to get help through ongoing public health restrictions.
Using the regulatory authority provided in Bill C-2, they intend to propose expanding access to the Local Lockdown Program and the Canada Worker Lockdown Benefit by one month, until March 12, 2022:- Local Lockdown Program: Eligibility would continue to include employers subject to capacity-limiting restrictions of 50% or more; and the current-month revenue decline threshold requirement would remain at 25%. Eligible employers would receive wage and rent subsidies from 25% up to a maximum of 75%, depending on their degree of revenue loss. The 12-month revenue decline test continues to not be required in order to access this support.
- Canada Worker Lockdown Benefit: Eligibility would continue to include workers in regions where capacity-limiting restrictions of 50% or more are in place. This benefit provides $300 a week in income support to eligible workers affected by a COVID-19-related public health lockdown order, and who are either unable to work or have lost 50% or more of their income as a result.
To read complete details … CLICK HERE