Prime Minister Justin Trudeau delivers a statement about the situation in Hong Kong at the start of a news conference in Gatineau, Que., Friday, July 3, 2020. THE CANADIAN PRESS/Adrian Wyld

Nearly 11M Canadians have received COVID-19 emergency benefit, wage subsidy: Trudeau

Trudeau says cost of doing nothing would be much higher

Nearly 11 million Canadians have received financial support via two COVID-19 benefit programs, Prime Minister Justin Trudeau said during a Wednesday (July 8) press briefing on Parliament Hill.

Trudeau acknowledged the high cost of COVID aid programs, but said the “cost of doing nothing would have been far more.”

“When the pandemic first hit, a lot of people lost their jobs overnight,” he said.

Although Ottawa has unveiled a variety of financial top-ups to help amid the pandemic, the two biggest ones have been the Canada Emergency Response Benefit(CERB), which provides $500 a week for out-of-work Canadians until September, and the wage subsidy, which helps employers cover payroll costs.

So far, both programs have paid out funds to nearly 11 million Canadians, mostly through the emergency response benefit.

Finance Minister Bill Morneau is expected to provide a fiscal snapshot later on Wednesday. Health officials will also provide an update on the COVID-19 outbreak.


@katslepian

katya.slepian@bpdigital.ca

Like us on Facebook and follow us on Twitter.

CoronavirusJustin Trudeau

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

July Kootenay real estate sales at record high

Sales and prices of Kootenay real estate on the rise

Dust on Crust bring bluegrass to Golden

The band came together at the Wolf’s Den jam nights and have been playing bluegrass ever since

Morning Start: The human body contains trace amounts of gold

Your morning start for Friday, August 7, 2020

Roots & Blues announces ticket giveaway ahead of online festival

The festival is streaming free online this year, but those who pre-register can win passes for 2021.

Morning Start: Water can freeze and boil at the same time

Your morning start for Thursday, August 6, 2020

53 new COVID-19 cases, no new deaths cap off week of high infection rates in B.C.

Roughly 1,500 people are self-isolating because they either have COVID-19 or have been exposed to it

Number of Kelowna-linked COVID-19 cases grows to 159

Interior Health reported four new cases region-wide on Friday, 18 remain active

VIDEO: U.S. Air Force pilot does fly-by for B.C. son amid COVID border separation

Sky-high father-son visit plays out over White Rock Pier

3 Vancouver police officers test positive for COVID after responding to large party

Union president says other officers are self-isolating due to possible exposure

New mothers with COVID-19 should still breastfeed: Canada’s top doctor

Dr. Theresa Tam made the recommendation during World Breastfeeding Awareness Week

Collapse of Nunavut ice shelf ‘like losing a good friend:’ glaciologist

The ice shelf on the northwestern edge of Ellesmere Island has shrunk 43 per cent

Police watchdog deems Kelowna RCMP not responsible for man’s death

The man spoke to police after a car crash before leaving on foot; he was found dead six hours later

‘It’s just my job’: Off-duty Peachland paramedic saves choking girl downtown Penticton

Family vacationing in Penticton assisted by off-duty paramedic, who helps save 13-year-old

Central Okanagan adds 3,600 jobs in July: Statistics Canada

The region’s unemployment rate decreased by 0.2 percentage points to 10 per cent in July

Most Read