Prime Minister Justin Trudeau delivers a statement about the situation in Hong Kong at the start of a news conference in Gatineau, Que., Friday, July 3, 2020. THE CANADIAN PRESS/Adrian Wyld

Nearly 11M Canadians have received COVID-19 emergency benefit, wage subsidy: Trudeau

Trudeau says cost of doing nothing would be much higher

Nearly 11 million Canadians have received financial support via two COVID-19 benefit programs, Prime Minister Justin Trudeau said during a Wednesday (July 8) press briefing on Parliament Hill.

Trudeau acknowledged the high cost of COVID aid programs, but said the “cost of doing nothing would have been far more.”

“When the pandemic first hit, a lot of people lost their jobs overnight,” he said.

Although Ottawa has unveiled a variety of financial top-ups to help amid the pandemic, the two biggest ones have been the Canada Emergency Response Benefit(CERB), which provides $500 a week for out-of-work Canadians until September, and the wage subsidy, which helps employers cover payroll costs.

So far, both programs have paid out funds to nearly 11 million Canadians, mostly through the emergency response benefit.

Finance Minister Bill Morneau is expected to provide a fiscal snapshot later on Wednesday. Health officials will also provide an update on the COVID-19 outbreak.


@katslepian

katya.slepian@bpdigital.ca

Like us on Facebook and follow us on Twitter.

CoronavirusJustin Trudeau

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

Three fires burning in Arrow and Kootenay Lakes regions under control

A fire burning in the Burton Creek area was also recently put out by crews

Nelson’s American sister city faces COVID-19 culture war

In Sandpoint, Idaho, wearing a mask is about Black Lives Matter, gun rights, and COVID-19

Nakusp Wine and Beer Festival cancelled this year due to COVID-19 crisis

The Rotary Club said next year’s event is still scheduled to take place in April

UPDATE: Body of Slocan River drowning victim recovered

The man was swimming near Winlaw on Wednesday.

Nelson’s SMRT1 Technologies to provide vending tech to Vancouver company

UpMeals will launch 22 machines across Canada using SMRT1’s personalized machines

B.C. records 30-50 new COVID-19 cases a day over weekend, no new deaths

Many of those testing positive were identified by contact tracing for being linked to other confirmed infections

Five B.C. First Nations call out Canada for ‘discriminatory’ food fish practices

West Coast nations say government ignoring court-won right to chinook and coho

Rent-relief program becomes new front in fight between Liberals, opposition

Opposition trying to draw parallels between decision to have Canada Mortgage and Housing Corp. run program and the WE controversy

Ottawa sets minimum unemployment rate at 13.1% for EI calculation

Statistics Canada says the unemployment rate was 10.9 per cent in July

$45K in donations received after couple’s sudden death in Tulameen

Sarah MacDermid, 31, and Casey Bussiere, 37, died August long weekend

Famous Yukon-based bhangra dancer brings movements of joy to Long Beach

Internet-famous dancer is exploring Vancouver Island, visiting the B.C. Legislature and more

Battle of Fairy Creek: blockade launched to save Vancouver Island old-growth

‘Forest Defenders’ occupy road to prevent logging company from reaching Port Renfrew-area watershed

COVID-19 could mean curtains for film and TV extras

Background performers worry they’re being replaced by mannequins on film and TV sets

Most Read