Temporary Wage Subsidy Program

Welcome to the Advocate Blog

At our core, we exist to create a prosperous Saskatoon – one that has the best business climate in Canada. Here, we share Saskatoon’s leading news, tips, interviews and industry insight, as well as key Chamber activities and how you can get involved.

March 30, 2020 – Earlier today the federal government released more details on the Temporary Wage Subsidy Program, including:

The 75% subsidy applies to the first $58,700 that an employee earns
Employers are eligible if their revenues are reduced by at least 30% as a result of COVID-19
There is no limit on the size of company or total number of employees they employ to qualify
Non-profits and charities are eligible
This measure is retroactive to March 15, 2020

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.

The Voice of Business in Saskatoon

Welcome to the Advocate Blog