Trudea and Morneau are trying desperately to keep things going and I commend their efforts, but I think they've been way too generous with businesses.
They've expanded the 75% subsidy (to a max 58K salary) so far that pretty much every CCPC can get it whether or not they actually need it.
They've asked *really nicely* to please hire back laid off employees, but the funds will go to any company that can show a loss within their criteria, even if they haven't laid off anyone.
But but but... now they won't have to.
It's pretty circular logic to me. Instead of giving it to companies 'in case' they need it, I think the money would be hella lot better spent subsidizing people who actually lose their jobs at a 75-80% rate instead of 55% EI.
If the job losses are short term, they employees can come back. If they're long term losses, the company will need regrouping at which time down the road, the government can spend the money stimulating businesses to hire people back and/or start new businesses.
Too many companies are going to get a jackpot for no reason while someone who lost their 100K/year job is going to be getting 2k/month.
I've said it before and I'll say it again. Liberals are Conservatives who go to gay parades. I'm not impressed.
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