(The Canadian Press)

By Tiffany Goodwein

Prime Minister speaks as House of Commons prepares to vote for wage subsidy bill

Apr 11, 2020 | 11:12 AM

Prime Minister Justin Trudeau made an address in parliament Saturday as the House of Commons was preparing to vote for bill C-13 , legislation that would enact the emergency wage subsidy.

The bill, according to the prime minister is the largest since World War II.

It is estimated to cost $73 billion.

“We are called upon to support those in need and I know we won’t let them down,” the prime minister said.

The bill would cover 75 per cent of an employee’s wages or $847 per week for employers who have suffered a 15 per cent drop in revenue in March or 30 per cent in April and May,

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Businesses of all sizes and sectors, charities, and non-profits are eligible.

The federal wage-subsidy program will be in place for 12 weeks from March 15- June 6 2020.

More to come.