The Canadian Government is taking noteworthy, pressing and vital actions through its COVID-19 Economic Response Plan (CERP) to support and safeguard Canadians and the jobs during the scare of global pandemic.
The plan is aimed at positioning them for a safer and stronger economic restart in the wake of the Covid-19 crisis.
On April 11, 2020, the Canada's finance Minister, Hon. Bill Morneau introduced a Bill C-14, the COVID-19 Emergency Response Act, No. 2, in Parliament.
Upon receiving Royal Assent, the bill would bring the measures into law. The legislation was also introduced on the same day which included additional flexibilities to further support eligible employers that are largely hit by the impact of pandemic.
The legislation would also help protect the jobs of Canadians during the time of difficulty.
Followed by the CEWS proposal, the Finance Minister introduced the Bill C-20, an act respecting further COVID-19 measures in Parliament on July 20, 2020.
Upon obtaining Royal Assent, this legislation would make the Canada Emergency Wage Subsidy more targeted by expanding eligibility and helping workers get back to their jobs as the Canadian economy continues to reopen.
Canada Emergency Wage Subsidy (CEWS) would aim at helping businesses to protecting jobs by keeping employees on the payroll and encouraging employers to re-hire those employees which were previously laid off by them.
Since the launch of CEWS, approximately 3 million employees in Canada received a support via the CEWS.
These changes will substantially help workers get back to their respective jobs and support businesses to improve their overall revenues.
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The legislation would also aim at sharing information to facilitate the one-time payment delivery for persons with disabilities.
The Government is intending to go ahead with a non-taxable and non-reportable payment methods of maximum $600 to 1.7 million for those eligible persons who:
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