Federal wage subsidy extended into summer 2021: throne speech

Excerpt from iPolitics.ca By Jolson Lim

In the speech from the throne, the Trudeau government announced it is extending the federal wage subsidy into next summer — good news for the many businesses who’ve been suffering during the COVID-19 pandemic.

In Wednesday’s throne speech, which is meant to lay out the federal Liberals’ priorities heading into the fall, the extension of the Canada Emergency Wage Subsidy (CEWS) was framed as a means of creating one million jobs and returning employment to pre-pandemic levels.

“The CEWS helped people keep their jobs, or be rehired if they had been laid off,” said Gov. Gen. Julie Payette, who read the speech on behalf of Prime Minister Justin Trudeau.

“But there is still more to be done. Unemployment is in the double digits, and underemployment is high. One way the government will create these jobs is by extending the Canada Emergency Wage Subsidy right through to next summer.” Read More…