Canadian Underwriter

Keyword
wage subsidy

News Insurance

Businesses at high risk in pandemic’s final days as subsidies fade, reopening delayed

June 1, 2021 Brett Bundale - THE CANADIAN PRESS

HALIFAX – Lisa Drader-Murphy opened her first store in 1997 with $250 in the bank. Over more than two decades, the Canadian fashion designer built her luxury clothing brand debt-free by reinvesting her earnings back into the business. “I was

News Insurance

Hardest-hit businesses call for extension of federal wage, rent

March 24, 2021 Jordan Press and Joan Bryden - THE CANADIAN PRESS

OTTAWA – The federal Liberals are facing calls from some of the hardest-hit businesses in the pandemic to use the coming budget to extend emergency relief programs beyond June, saying many will still need help even as the economy picks

News Insurance

Small businesses say singular approach to wage subsidies doesn’t fit them all

April 7, 2020 David Friend - THE CANADIAN PRESS

TORONTO – When the impact of COVID-19 led Hongwei Liu to temporarily lay off some employees and slash company forecasts, the founder of Waterloo, Ont.-based technology startup MappedIn hoped he might qualify for a helping hand under the federal government’s

News BrokersInsurance

How Trudeau’s wage subsidy package will affect brokers and their clients

March 31, 2020 by Jason Contant

Brokers will likely see their incomes “relatively stable” during the COVID-19 crisis, at least for the time being, said the head of Ontario’s brokers association. “Generally, I think brokerages – if they have a spread of clients, which most of

News BrokersCommercial LinesInsurance

Brokers respond to Trudeau’s wage subsidy for small business

March 27, 2020 by David Gambrill

Canadian brokers say Prime Minister Justin Trudeau’s announcement Friday of a 75% wage subsidy for small business is definitely good news for their small business clients. However, it remains an open question as to whether a brokerage would actually need