OTTAWA (Reuters) – Canada is proposing expanding an emergency wage subsidy program so that all businesses suffering losses from the coronavirus outbreak will benefit, Finance Minister Bill Morneau said on Friday.
Morneau told a news conference that Ottawa would drop an earlier requirement stipulating that businesses needed to show a 30% drop in revenue to be eligible. The changes will come into effect in July and will run to Dec 19, he added.
(Reporting by David Ljunggren)
