I wouldn't expect any different from Financial Post, but funny how they discuss CERB but conveniently leave out CEWS.
So many profitable companies were subsidized with shareholders taking home big dividends while businesses with little in terms of labour costs went under. The criteria for qualifying was a joke.
I can't stand to even look at JT any more because of it.
My favourite companies with this are the airlines. They complain that they weren't bailed out, yet they tap into hundreds of millions of CEWS support.
And to be fair to the prime minister - I doubt he was involved in setting the criteria. Early on, the civil services needed a simple on/off switch for all programs. They didn't have the ability to sift through minutia. As time went on, the service had more capability, and the criteria have changed to be more discerning.
I am confident that there are many profitable companies that will end up paying money back. On the other hand, many companies that were profitable but had reduced sales would have undoubtedly remained profitable but laid off many workers to do so without CEWS. It's complicated.
And Jack Mintz. lol.