Canada wage subsidy could reach more trucking companies

A tractor-trailer moving on a street next to a skateboarder in Toronto. More trucking company in Canada could be eligible for the Canada Emergency Wage Subsidy under proposed changes.

Canada’s wage subsidy likely would reach more trucking companies struggling with the impacts of COVID-19 under a proposed revamp announced by the federal government on Friday.

Companies showing less than 30% drop in revenue would be eligible for the Canada Emergency Wage Subsidy under the proposed changes, Finance Minister Bill Morneau said during an appearance in Toronto. The subsidy amount would gradually reduce based on the amount of the revenue decline. 

Proposed changes came as welcome news...

https://s29755.pcdn.co/news/canada-wage-subsidy-could-reach-more-trucking-companies

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