Liberals introduce new targeted pandemic aid bill for businesses, workers
The Liberal government introduced a new pandemic aid bill Wednesday afternoon that would maintain some financial supports for businesses and workers until at least the spring of 2022.
Bill C-2, if passed, would deliver several new targeted programs, re-created from pre-existing benefits introduced at the start of the pandemic.
鈥淲ith high vaccination rates, over a million jobs created, children back in school, and businesses across the country reopening, the time has come to adapt support measures to these new and improved circumstances,鈥 said Deputy Prime Minister and Finance Minister Chrystia Freeland on Wednesday.
As previously announced, the and the Hardest-Hit Business Recovery Program would provide aid through wage and rent subsidies.
The Tourism and Hospitality Recovery Program would apply to hotels, tour operators, travel agencies and restaurants with a subsidy rate of up to 75 per cent, while the Hardest-Hit Business Recovery Program would apply to other businesses that have faced 鈥渄eep losses鈥 with a subsidy rate of up to 50 per cent.
Notably, in order to qualify for the former, businesses would have to show a 12-month revenue loss of at least 40 per cent and a current-month revenue decline of the same amount. For the latter, businesses would have to show a 12-month revenue loss of at least 50 per cent and a current-month revenue decline of the same amount.
The government is also proposing a Local Lockdown Program to assist businesses impacted by government-imposed lockdowns. These companies would be eligible to receive the maximum subsidy amount.
For workers, the bill details a new Canada Worker Lockdown Benefit, replacing the popular Canada Response Benefit. It鈥檚 also geared towards those whose work is directly impacted by lockdowns.
It鈥檚 available to workers ineligible and eligible for Employment Insurance (EI), as long as they aren鈥檛 paid benefits through EI during the same period.
The Liberals are proposing to extend and boost the eligible duration of the Canada Recovery Caregiving Benefit and the Canada Recovery Sickness Benefit. The former would move from 42 to 44 weeks, and the latter would move from four to six weeks.
Lastly, the Canada Recovery Hiring Program would be prolonged for employers with revenue losses above 10 per cent. The subsidy rate for this benefit would increase to 50 per cent.
All programs would be extended until May, 7, 2022.
Deputy Prime Minister and Finance Minister Chrystia Freeland and Employment Minister Carla Qualtrough are scheduled to address reporters Wednesday evening regarding the bill.
Bill C-2 is one of four pieces of legislation the Liberals are prioritizing amid the start of the new parliamentary session.
In October, Freeland announced that a number of COVID-19 supports were expiring and being replaced with more 鈥渢argeted鈥 programs with a price tag of $7.4 billion.
The minister said Wednesday she hopes this is the last round of pandemic aid extensions.
鈥淚 see this legislation as very much the last step in our COVID-19 support programs. It is what I really hope and truly believe is the final pivot,鈥 she said.
POLITICAL BUY-IN
Conservative Leader Erin O鈥橳oole said on Tuesday, during 麻豆影视鈥 throne speech special, that the party is evaluating its position on the bill.
鈥淲e're looking at the new bill they're proposing right now鈥 In the election, we said hospitality and tourism need help, need assistance. That's where we want to direct aid,鈥 said O鈥橳oole.
鈥淏ut, we also know the out of control, no accountability measures of the Liberal government led to a lot of fraud, led to organized crime defrauding the government. So we want to make sure that they close loopholes, they tighten measures.鈥
On her way into Wednesday鈥檚 caucus meeting, Deputy Conservative Leader Candice Bergen said whether or not the party would be supporting the bill was on the agenda to be discussed during that closed-door meeting with all MPs.
Bloc Quebecois Leader Yves-Francois Blanchet indicated the party was likely to back it, but has one point of contention.
鈥淏asically, we agree with the principles. There's one thing which might be a preoccupation to us: It's the fact that workers from the arts and culture sector do not seem to be included or supported in any way at this point. But beside this issue, we support the idea that we understand as being the intent of C-2, then we will see what's the best way to have it go through the whole process,鈥 he said at Wednesday鈥檚 post-caucus press conference.
NDP Leader Jagmeet Singh was quick to underscore that the government shouldn鈥檛 anticipate an automatic green light from the New Democrats.
鈥淭he Liberals shouldn't expect us to support their bills, any of them. It鈥檒l only be the case that we support if there's a benefit to Canadians,鈥 he said.
BUSINESS RESPONSE
The Canadian Chamber of Commerce weighed in, stating that they鈥檙e pleased the Liberals made the proposed legislation a priority.
[It鈥檚] a great example of government listening to, and acting upon, advice from the business community. We urge all parties to work together to pass the legislation as quickly as possible to ensure that severely impacted SMEs continue to receive necessary support without interruption,鈥 reads a statement from Alla Drigola Birk, director of parliamentary affairs and SME policy.
Dan Kelly, president and CEO of the Canadian Federation of Independent Business (CFIB), whose been a vocal advocate for an extension of business aid, had mixed reviews, namely as it relates to the eligibility criteria for business supports.
鈥淭he Canadian Federation of Independent Business is disappointed the federal government has not changed the 40 to 50 per cent minimum revenue loss requirement to access small business support programs which means most small businesses will be cut off from accessing them,鈥 a statement reads.
鈥淐FIB is pleased that the government has added many sectors to its list of those that can access the more generous Tourism and Hospitality Recovery Program, such as gyms, arts and recreation and wedding/events.鈥
With files from 麻豆影视鈥 Rachel Aiello.
IN DEPTH
Jagmeet Singh pulls NDP out of deal with Trudeau Liberals, takes aim at Poilievre Conservatives
NDP Leader Jagmeet Singh has pulled his party out of the supply-and-confidence agreement that had been helping keep Prime Minister Justin Trudeau's minority Liberals in power.
'Not the result we wanted': Trudeau responds after surprise Conservative byelection win in Liberal stronghold
Conservative candidate Don Stewart winning the closely-watched Toronto-St. Paul's federal byelection, and delivering a stunning upset to Justin Trudeau's candidate Leslie Church in the long-time Liberal riding, has sent political shockwaves through both parties.
'We will go with the majority': Liberals slammed by opposition over proposal to delay next election
The federal Liberal government learned Friday it might have to retreat on a proposal within its electoral reform legislation to delay the next vote by one week, after all opposition parties came out to say they can't support it.
Budget 2024 prioritizes housing while taxing highest earners, deficit projected at $39.8B
In an effort to level the playing field for young people, in the 2024 federal budget, the government is targeting Canada's highest earners with new taxes in order to help offset billions in new spending to enhance the country's housing supply and social supports.
'One of the greatest': Former prime minister Brian Mulroney commemorated at state funeral
Prominent Canadians, political leaders, and family members remembered former prime minister and Progressive Conservative titan Brian Mulroney as an ambitious and compassionate nation-builder at his state funeral on Saturday.
Opinion
opinion Don Martin: Gusher of Liberal spending won't put out the fire in this dumpster
A Hail Mary rehash of the greatest hits from the Trudeau government鈥檚 three-week travelling pony-show, the 2024 federal budget takes aim at reversing the party鈥檚 popularity plunge in the under-40 set, writes political columnist Don Martin. But will it work before the next election?
opinion Don Martin: The doctor Trudeau dumped has a prescription for better health care
Political columnist Don Martin sat down with former federal health minister Jane Philpott, who's on a crusade to help fix Canada's broken health care system, and who declined to take any shots at the prime minister who dumped her from caucus.
opinion Don Martin: Trudeau's seeking shelter from the housing storm he helped create
While Justin Trudeau's recent housing announcements are generally drawing praise from experts, political columnist Don Martin argues there shouldn鈥檛 be any standing ovations for a prime minister who helped caused the problem in the first place.
opinion Don Martin: Poilievre has the field to himself as he races across the country to big crowds
It came to pass on Thursday evening that the confidentially predictable failure of the Official Opposition non-confidence motion went down with 204 Liberal, BQ and NDP nays to 116 Conservative yeas. But forcing Canada into a federal election campaign was never the point.
opinion Don Martin: How a beer break may have doomed the carbon tax hike
When the Liberal government chopped a planned beer excise tax hike to two per cent from 4.5 per cent and froze future increases until after the next election, says political columnist Don Martin, it almost guaranteed a similar carbon tax move in the offing.
CTVNews.ca Top Stories
DEVELOPING Live updates: Hurricane Milton leaves path of destruction in Florida
Milton made landfall as a Category 3 storm Wednesday night, causing widespread destruction and immobilizing critical infrastructure. The extent of the damage is not yet known.
More than 3 million without power after Hurricane Milton slams Florida, causes deaths and flooding
Hurricane Milton barrelled into the Atlantic Ocean on Thursday after ploughing across Florida as a Category 3 storm, pounding cities with ferocious winds and rain, whipping up a barrage of tornadoes and causing an unknown numbers of deaths. It compounded the misery wrought by Helene while sparing Tampa a direct hit.
opinion Melania Trump reveals surprising pen pal friendship with King Charles III
In her column for CTVNews.ca, royal commentator Afua Hagan writes about the pen friendship we didn't see coming, between Melania Trump, the former first lady of the United States, and King Charles III.
An Ontario man said he feels 'devastated' after learning his identity was stolen to take out two fraudulent loans under his name.
22-time Grand Slam champion Rafael Nadal will retire from tennis after next month's Davis Cup finals
Rafael Nadal announced his impending retirement from tennis on Thursday at age 38 after winning 22 Grand Slam singles titles during an unprecedented era he shared with his rivals in the so-called Big Three, Roger Federer and Novak Djokovic.
A West Vancouver company has been ordered to repay a homebuyer's $1-million deposit after it failed to complete construction on the property in time.
Women say they were kicked off of Spirit Airlines flight for what they were wearing
Two Orange County women are speaking out after they say they were kicked off of a Spirit Airlines flight because of what they were wearing.
Taylor Swift donates US$5 million toward relief efforts in wake of Hurricanes Milton and Helene
Taylor Swift has made a significant donation toward helping those affected by hurricanes Milton and Helene.
During the campaign, BC Conservative Leader John Rustad has repeatedly said people are "dying on the streets" in the province 鈥 and on Tuesday he claimed to have witnessed that very thing in downtown Vancouver while he was on his way to the leaders' debate.
Local Spotlight
Jeff Warner from Aidie Creek Gardens in the northern Ontario community of Englehart has a passion for growing big pumpkins and his effort is paying off in more ways than one.
Saskatchewan鈥檚 Jessica Campbell has made hockey history, becoming the first ever female assistant coach in the National Hockey League (NHL).
Have you ever seen videos of hovercrafts online or on TV and thought, 'Wow, I wish I could ride one of those.' One Alberta man did, and then built his own.
A B.C. couple is getting desperate 鈥 and creative 鈥 in their search for their missing dog.
Videos of a meteor streaking across the skies of southern Ontario have surfaced and small bits of the outer space rock may have made it to land, one astronomy professor says.
A unique form of clouds made an appearance over the skies of Ottawa on Sunday evening.
Bernie Hicks, known as the 鈥楤atman of Amherst,鈥 always wanted to sit in a Batmobile until a kind stranger made it happen.
Bubi鈥檚 Awesome Eats, located on University Ave West took to social media to announce the closure on Friday.
Weeneebayko Area Health Authority and the Government of Ontario have awarded a $1.8 billion fixed-price contract to design, build and finance a new Far North hospital.