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Dec 29, 2020

COVID-19 Update - December 29, 2020

Federal Government Announces wage Subsidy Rate Increase to 75%

December 18, the Deputy Prime Minister and Minister of Finance, the Honourable Chrystia Freeland, announced that the government has concluded the necessary regulatory changes to raise the maximum wage subsidy rate to 75 per cent for the period beginning Sunday, December 20, 2020, until March 13, 2021. This support will be there for workers and businesses through the tough months ahead as we face the second wave of the COVID-19 pandemic.
 
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Canadian Chamber Launches Pan-Canadian Strategy to Manage COVID-19

With COVID-19 cases increasing at an alarming rate, our leaders face a difficult balancing act. The challenge for us all is to chart a path forward that protects Canadians’ health – on COVID, mental health and other aspects – as well as their economic well-being. Together with the Canadian Council for Aboriginal Business, the Canadian Federation of Independent Business, and the Retail Council of Canada, the Canadian Chamber of Commerce has launched the Pan-Canadian Strategy to Manage COVID-19.
 
 

Business Insurance 101 – Supporting Businesses During the Pandemic

When it comes to commercial insurance, many business owners are seeing their premiums rise and may be finding it increasingly difficult to get the appropriate insurance to meet their needs in certain regions. While there are no easy solutions to the problem, Canada’s insurers are pulling together to find creative solutions to support businesses across all sectors in accessing the insurance they need. Join in on the event Friday January 15 at 10:00am.