WEEK IN REVIEW: August 17-21
Monday August 17th
The government announced that the Canada Revenue Agency opened applications for Period 5 of the expanded Canada Emergency Wage Subsidy (CEWS). Enhancements include an extension until November 21st, broader qualifications for eligibility, a top-up of 25% for hard-hit employers, and an updated calculator to help employers prepare for their applications. Eligible employers can apply today through My Business Account or through the CRA's web form application.
Minister Ng spoke with the Director General of the World Trade Organization (WTO), Roberto Azevedo. During these difficult times, the WTO plays a crucial role in providing stability for businesses now and towards recovery. Canada will continue to work to enhance transparency & strengthen rules-based trade.
Tuesday August 18th
Minister Ng spoke with Andriy Shevchenko, Ambassador of Ukraine to Canada.
This month, Canada and Ukraine marked the third anniversary of the Canada-Ukraine Free Trade Agreement (CUFTA). CUFTA has increased trade between Canada and the Ukraine, and will support both countries in their economic recovery.
Minister Ng spoke with Singapore’s Minister of Trade and Industry, Chan Chun Sing. Minister Ng congratulated Minister Chan on his recent re-election and expressed her enthusiasm for working together with Singapore to deepen the trade relationship to benefit workers, businesses and people.
Also, the CCOHS released a new, free e-course Pandemic Planning: Reopening for Business, on Tuesday, to assist organizations across Canada in their safe return to work during the COVID-19 pandemic. We encourage business owners to check it out!
Wednesday August 19th
Minister Ng participated in a Community Fireside Chat with the Ottawa Board of Trade to talk about how the success of local businesses is essential to economic recovery from COVID-19, and the important role of trade and exporting in helping Canadian businesses rebuild and thrive.
The government also announced $5 million to help businesses in the aluminum industry innovate and ensure better traceability from foundry to border of Canadian aluminum.
Thursday August 20th
The government announced changes to the Employment Insurance (EI) program, as we transition away from the CERB. To help workers, businesses, and all Canadians recover, ] the CERB has been extended by four weeks, making changes to the EI program, and creating three benefits to support people who might not qualify for EI.
Friday August 21st
The government, along with Ontario, announced a joint agreement with 3M Canada to expand a manufacturing facility in Brockville, Ontario for N95 respirators production, supporting 3M’s capital investment by contributing $23.33 million each. This investment will secure made-in-Canada supply of N95 respirators to protect healthcare workers.