July 17: Ottawa proposes changes to CEWS, including relaxing mandate for 30% dip in revenue; Israel imposes weekend closures for many business after spike in new cases reported
the emergency wage subsidy program, and extend it until December. The new rules are retroactive to July 5, but will need to be approved next week when the House is recalled.
The government’s proposal would remove the requirement of a 30 per cent drop in revenues to access the program – instead, money paid out will be proportional to revenue losses. The government introduced a new proportional top-up for businesses experiencing a revenue drop of more than 50 per cent.The program has paid out almost $20.4 billion so far.No singing, no dancing, no nightclubs. Dr. Njoo, the deputy public health officer, told young people toStory continues below advertisement
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