Canada extends subsidies for businesses by a month amid start of possible fourth wave

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Canada extends subsidies for businesses by a month amid start of possible fourth wave
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Businesses had been pushing for an extension just as the Liberal government appears poised to seek a September snap vote

. Finance Minister Chrystia Freeland said the measures were still needed because the economy was still in the process of reopening.Article content

Earlier on Friday, Statistics Canada said economic growth jumped 0.7 per cent in June as businesses reopened following the third wave. If health restrictions are relaxed too quickly before more of the population is fully vaccinated, “we could expect to see a sharp resurgence by the end of the summer,” Tam said.

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