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Greater Niagara Chamber of Commerce

Rapid Update: Emerging Details of Canada’s 75% Wage Subsidy

Full details of Canada’s wage subsidy program should be available tomorrow, and you can check the government’s COVID-19 page for businesses for more information. What has been confirmed so far:

  • Companies who have experienced a decrease in revenues of at least 30 per cent are eligible.
  • The government will cover up to 75 per cent of a salary to a cap of $58,700, i.e. up to $847 a week.
  • Businesses of any size can qualify, as well as non-profits and charities.