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March 30, 2020 – Earlier today the federal government released more details on the Temporary Wage Subsidy Program, including:
The Greater Saskatoon Chamber of Commerce is pleased to see this new subsidy available to all businesses. This will take away confusion on labelling who qualifies as an SME and will aid communities that are more reliant on larger operations.
Further details and clarification are needed from the government around the eligibility criteria requiring a 30% decrease in revenue to receive the wage subsidy.