Canadian government proposes a bill to support workers, businesses & Disableds

The government of Canada continues to take significant and decisive steps through COVID-19 Economic Response Plan to support and benefit the people and protect their jobs while facing the Global pandemic. The new latest bill proposes some key amendments in the CEWS.

 

The CEWS (Canada Emergency Wage Subsidy) helps secure the jobs of the people. It supports businesses keep employees on the payroll and inspires employers to hire those workers again, which earlier lost the jobs. As of now, CEWS has supported the jobs of nearly 3 million employees in the country, since its opening and this number is consistently rising.

 

Finance Minister Introduced Bill C-20

Canadian finance minister has introduced the Bill C-20 in parliament. It is An Act respecting further COVID-19 measures. After getting the Royal assent, it will be a legislation, which will make the CEWS more focused, shall enlarge eligibility and subsequently, support more workers to find their job again, as the Canadian economy is gradually getting back in its shape.

Key Changes proposed in Bill C-20

Find below the key changed proposed in the bill:

• Sanction the extension of the CEWS until December 19, 2020, containing reformed program details until November 21, 2020.
• Enhance the Subsidy range including more employers by providing a steadily reducing base subsidy to all entitled employers that are undergoing a decline in profits.
• Present a top-up subsidy of up to an extra 25 per cent for employers, badly affected by this recent pandemic. It will particularly help those employers in industries that are improving gradually after being hit by the pandemic.
• Offer assurance and surety to employers that have already made business decisions for July and August by making certain that they would not get a subsidy rate less than they would have under the last rules.
• Address technical problems with the CEWS recognised by stakeholders, for instance by providing continuity rules to address situations where an employer purchased all or considerably all of another body's business assets.
• Make the proposed alterations to the CEWS formerly introduced in Bill C-17, An Act respecting additional COVID-19 measures.

These changes will ensure that the economy of the maple leaf country grows as the business will get support and employees will be back to their jobs.

Support to the persons with disabilities

Once the Royal Assent is received, the Canadian government is willing to move forward with a non-taxable and non-reportable payment of up to $600 to nearly 1.7 million eligible persons. These eligible beneficiaries are the ones who,

• Have a genuine Disability Tax Credit certificate (Deserving people not yet in possession of such a certificate can apply for one up to 60 days after Royal Assent to be considered for the one-time payment);
• Presently get Canada Pension Plan disability benefits or Quebec Pension Plan disability benefits
• Are receiving the disability supports being given by Veterans Affairs Canada.

For more of such Canada immigration news, and to apply relevant visa in Canada this year, you may contact us on Toll-Free No. 78-18-000-777 or drop us an email at info@visasavenue.com.

- Rajneesh Kumar