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Ottawa-Trudeau Liberal Party outlines the latest aid package for the economy recovering from COVID-19, severely affected companies, locked down workers, and additional expired just a few days ago. Proposed targeted support for benefits for several weeks.
The law introduced by the House of Commons on Wednesday is one of four bills that the government wants to pass by lawmakers by mid-December prior to the planned winter vacation.
The Liberal Party is proposing to send $ 300 a week to workers who quit their jobs due to a pandemic-related blockade from now until the spring of 2022.
The bill allows the Cabinet to decide which areas are considered blockades. This is defined as an order that the company is closed and the workers are at home for at least 14 consecutive days. It will hinder the benefit of those who refuse to be vaccinated.
Payments date back to October 24, when the Liberal Party expired its pandemic interests in the unemployed. The Canada Recovery Benefit siblings, Illness and Caregiver Benefits, will reinstate each of them with two more weeks of qualification until May 7th, after they expired last weekend.
Corporate wage and rent subsidies are more generous in the same period, targeting a long list of facilities such as cinemas, arcades, casinos, gyms, as well as the still-damaged tourism, culture and hospitality sectors. Become.
To qualify, everyone needs to prove a deep and long-term loss of revenue.
Dan Kelly, chairman of the Canadian Independent Enterprises Federation, praised the growing list of eligible companies, but said that high standards of revenue loss would exclude too many SMEs.
Similarly, Restaurants Canada has urged liberals to lower their revenue loss requirements because of concerns that many economically viable businesses cannot withstand a pandemic.
Olivier Bourbeau, Vice President of Federal and Quebec Affairs of the Association, said:
The government also wants to extend employment credits for companies that raise wages, rehire dismissed workers, or raise salaries by new hires until May. Credits do not require a deep loss of income to qualify.
Treasury Minister Chrystia Freeland said the economy no longer exists in the same crisis that struck the country at the start of the pandemic, which lost 3 million jobs in March and April 2020.
“I think this law is the final step in the COVID support program. I really believe that is what I really want and the final point,” Freeland said.
Employment has since returned to pre-pandemic levels, but Canada’s unemployed ranks, including those who have been unemployed for more than six months, remain higher than before COVID-19.
The mixture of high unemployment and labor shortages helps explain why governments are looking for help.
Analyzing survey data by job site, we found that more respondents were looking for a job more actively than in July, August, and September last month, and most of them answered “urgent.”
Senior economist Brendon Bernard states that urgent job hunting is usually associated with financial difficulties, suggesting that the findings may warn of household tensions early.
The minority Liberal Party estimates that the cost of the new aid package will be $ 7.4 billion, and the government needs parliamentary approval to spend that money.
The Conservatives and Bloc Québécois suggested they may support the bill separately on Tuesday. The former means going to the place where benefits are most needed, and the latter means the help of cultural workers.
New Democratic Party leader Jagmeet Singh said Tuesday that he would not support the bill unless the government reversed the decline in income-tested benefits for low-income seniors and families aided last year and boosted overall income. ..
In a letter Wednesday, NDP financial commentator Daniel Bryky pressured Speaker of the House Anthony Rota on plans to help these financially vulnerable Canadians “before they lose their homes.” I asked for an urgent discussion.
Employment Minister Carla Qualtrough told reporters that the government was looking for a solution, but they simply earned more without assistance, so extra failure for those whose profits were rolled back. I didn’t want a fix that would create equality.
This report by Canadian Press was first published on November 24, 2021.
Jordan Press
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