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Canada Parties near tentative deal on Ottawa's $82 billion COVID-19 aid package: sources

06:30  25 march  2020
06:30  25 march  2020 Source:   cbc.ca

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Mike Eppel joins us to breakdown what the $ 82 billion COVID - 19 aid package really entails for Canadians.

Mike Eppel joins us to breakdown what the $ 82 billion COVID - 19 aid package really entails for Canadians.

Canadian Prime Minister Justin Trudeau speaks during a news conference on COVID-19 situation in Canada from his residence March 24, 2020 in Ottawa, Canada. - Bombardier said March 24 it will halt its aircraft and trains assembly lines in Canada after Quebec and Ontario ordered all non-essential businesses shut to stem the coronavirus pandemic. (Photo by Dave Chan / AFP) (Photo by DAVE CHAN/AFP via Getty Images) Canadian Prime Minister Justin Trudeau speaks during a news conference on COVID-19 situation in Canada from his residence March 24, 2020 in Ottawa, Canada. - Bombardier said March 24 it will halt its aircraft and trains assembly lines in Canada after Quebec and Ontario ordered all non-essential businesses shut to stem the coronavirus pandemic. (Photo by Dave Chan / AFP) (Photo by DAVE CHAN/AFP via Getty Images)

After hours of tense negotiations, the government and opposition parties in the House of Commons are nearing a deal on an $82-billion aid package to help Canadians struggling during the COVID-19 pandemic — legislation that will increase access to Employment Insurance and other programs that will provide money to workers and businesses in need.

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Mike Eppel joins us to breakdown what the $ 82 billion COVID - 19 aid package really entails for Canadians.

Mike Eppel joins us to breakdown what the $ 82 billion COVID - 19 aid package really entails for Canadians.

All parties had agreed on an aid package to help people grappling with the economic ramifications of the pandemic, which has thrown thousands of Canadians out of work. But added provisions by the Liberal government to the enabling legislation to expand cabinet's unilateral spending powers were bitterly opposed by the opposition.

Despite word the Liberals had agreed to remove or amend the offending sections, MPs were still waiting to be called back to the House as of 10:50 p.m. ET.

Sources told CBC News late Tuesday that the government agreed to a September end date on some of the spending and borrowing provisions that were most problematic for the opposition.

The bill, as originally written, allowed for cabinet-led spending well into 2021. The government had already agreed to drop language around taxation powers.

The Liberal government tried to justify new powers for Finance Minister Bill Morneau to spend freely by citing the rapidly evolving nature of the pandemic while the Opposition Conservatives said Ottawa was upending centuries of parliamentary tradition by allowing ministers to spend without sign off from MPs.

Large business, non-profits, charities eligible for wage subsidy, Trudeau says .
OTTAWA — Prime Minister Justin Trudeau says large and small businesses, non-profits and charities will all be eligible for a 75-per-cent subsidy on wages meant to cushion the blow from the COVID-19 pandemic. Employers will have to show that their revenues have fallen by at least 30 per cent due to COVID-19. The wages the subsidy covers will be capped at $847 a week, he says. Speaking outside his Ottawa residence, Trudeau says the size of the company will not bear on whether it qualifies for the help, in line with what other countries have done.

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