Ottawa will extend Canada’s Commercial Rent Assistance and Emergency program by one month.
• Read also: All developments of the coronavirus pandemic
This program (AUCLC) to help small and medium-sized businesses was to end in June. But the federal government is working with the provinces and territories on an extension that will provide support for the month of July.
“We are working on this this week,” said Prime Minister Trudeau.
AUCLC offers forgivable loans to owners of commercial buildings to reduce the rent for small businesses affected by COVID-19 by 75%. Managed by the Canada Mortgage and Housing Corporation, this financial support comes from the provincial and federal government and covers 50% of the three monthly rents.
Trudeau defends PKU
Ottawa defends the maintenance of the Canadian Emergency Benefit (CPU) criticized by Quebec Minister of Labor, Jean Boulet.
In interview at Journal, Minister Boulet said that the payment of $ 2,000 a month until August has become an obstacle to economic recovery, as workers would prefer to delay their return to work to benefit from federal assistance.
“Yes, economic recovery is important, we have seen a lot of companies that give the wage subsidy, but we are still in a situation where too many Canadians still need the PKU,” replied Prime Minister Trudeau in a press conference. this morning.
“Because the economy is slowing, there is no job for them. So we will have to continue to give them the help they need to be able to shop for groceries. That is the priority, “he said.
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