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Throne speech promises wage subsidy extension

9/23/2020

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The minority federal government has promised to extend the Canada Emergency Wage Subsidy until next summer, and create one million jobs while continuing the fight against the pandemic, climate change and social inequality.

"Businesses need certainty that they will be supported as we all adjust to new ways of doing things or are able to return to currently restricted activities," Chamber CEO Bruce Williams says. "Today's Speech from the Throne says a lot of the right things but until we learn more details it's too soon to be anything but cautiously optimistic."

The speech included proposals to reform employment insurance and measures to retrain workers who were displaced by the pandemic. There was also a promise for federal funding for child care aimed at helping more women participate in the workforce. However, we share concerns about a lack of attention to economic fundamentals or rising debt levels. If the vote on the Throne Speech gets the required support from other parties to pass, we'll want more details about plans to help the tourism and hospitality sectors.

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  • Membership
    • Why Join?
    • Job Board
    • Member to Member Offers
    • Benefits, Discounts & Savings >
      • Chamber Store
    • Questions & Answers
    • Join Now
    • Member Login
  • Member Directory
    • All Categories
  • Events
    • Signature Events >
      • YYJ Eats
      • Annual Gala Auction
      • Business Awards >
        • Nominations for 2021 Business Awards
        • 2020 Business Awards Winners and Finalists
      • Business Leaders Series
    • Event Calendar >
      • Chamber Events
      • Community Events
    • Event Photos
    • Sponsorship
  • COVID-19
    • COVID-19 Initiatives
    • COVID-19 Links
  • News & Advocacy
    • Weekly BizNews >
      • BizNews-articles
    • Advocacy / Wins for Business >
      • Advocacy Wins 2020
      • EHT advocacy
      • Business Property Taxes
      • 2020 Advocacy Priorities
    • Chamber Chats
    • In the News >
      • Published Op-Eds
      • Media Releases
  • Prodigy Group
    • Mentorship Program
    • Prodigy Group Committee
    • Prodigy Events
    • Contact the Prodigy Group
  • About Us
    • Staff Directory
    • Board & Governance >
      • Governors
      • By-Laws, Plans & Reports
    • Committees
    • Chamber History
    • Partners & Sponsors
    • About Victoria >
      • Starting a Business
      • Moving Here
      • Visiting Victoria, BC
    • Contact Us