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

PHOTOS: Small crowd gathers to watch 231-tonne stacker-reclaimer load onto barge crane

The Dynamic Beast barge crane, known for work with Johnson Street Bridge, makes a return

Saanich Peninsula Hospital Auxiliary hosts pop-up fundraiser in Sidney

Temporary store to feature unique hand made gifts, collectibles, clothing, books and more

National Drug Drop-Off month aims to reduce substance abuse by house-bound youth

Expert says there is misconception prescribed medication is safe to take

Victoria mayor wants newspaper boxes removed from downtown streets

Mayor Lisa Helps says the boxes are not needed, often filled with garbage

Esquimalt artists take to great outdoors amid coronavirus

Group invites budding, or just willing artists, to join at Saxe Point

Crews work overnight to try to put out wildfire on Pender Island

Fire department and B.C. Wildfire Service crews extinguishing fire in ‘extremely difficult terrain’

Crews work overnight to try to put out wildfire on Pender Island

Fire department and B.C. Wildfire Service crews extinguishing fire in ‘extremely difficult terrain’

Michael Buble among 13 British Columbians to receive Order of B.C.

Ceremony will be delayed to 2021 due to COVID-19

U.S. border communities feel loss of Canadian tourists, shoppers and friends

Restrictions on non-essential travel across the Canada-U.S. border have been in place since March 2`

Rollout of COVID-19 Alert app faces criticism over accessibility

App requires users to have Apple or Android phones made in the last five years, and a relatively new operating system

Alleged impaired driver sparks small wildfire near Lytton after crash: B.C. RCMP

Good Samaritans prevented the blaze from getting out of control

B.C. First Nation adopts ‘digital twinning’ software to better manage territory

Software allows users to visualize what a mountain might look like if the trees on its slopes were logged

Most Read