{"id":19133,"date":"2020-03-30T11:58:42","date_gmt":"2020-03-30T18:58:42","guid":{"rendered":"https:\/\/vrca.ca\/?p=19133"},"modified":"2020-03-30T12:07:10","modified_gmt":"2020-03-30T19:07:10","slug":"governments-offer-financial-help-during-covid-19","status":"publish","type":"post","link":"https:\/\/vrca.ca\/blog\/2020\/03\/30\/governments-offer-financial-help-during-covid-19\/","title":{"rendered":"Governments offer financial help during COVID-19"},"content":{"rendered":"<p>The governments of Canada and British Columbia have both announced financial measures to help businesses and individuals weather the economic implications of the COVID-19 pandemic.<\/p>\n<p>The measures, which are described as first steps, range from wage subsidies to business loans and deferred payments of taxes and import tariffs.<\/p>\n<p>Since various program details are still being finalized, the government websites below are the best and most current sources of information:<\/p>\n<ul>\n<li><a href=\"https:\/\/www.canada.ca\/en\/department-finance\/economic-response-plan.html\" target=\"_blank\" rel=\"noopener noreferrer\">Canada\u2019s COVID-19 economic response plan<\/a>; and<\/li>\n<li><a href=\"https:\/\/www2.gov.bc.ca\/gov\/content\/employment-business\/covid-19-financial-supports\" target=\"_blank\" rel=\"noopener noreferrer\">B.C.\u2019s financial supports in response to COVID-19<\/a>.<\/li>\n<\/ul>\n<p>In announcing the Canada Emergency Wage Subsidy, which will cover 75 per cent of an employee\u2019s wages on the first $58,700, Prime Minister Justin Trudeau said he hoped this will help eliminate the need for companies to layoff employees. And where layoffs have already occurred, to have employers consider rehiring laid-off workers.<\/p>\n<p>To support member companies during these times, VRCA is maintaining a <a href=\"https:\/\/vrca.ca\/resources\/novel-coronavirus\/\" target=\"_blank\" rel=\"noopener noreferrer\">COVID-19 resource page<\/a> where you will find links to resources for both companies and individuals.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The governments of Canada and British Columbia have both announced financial measures to help businesses and individuals weather the economic implications of the COVID-19 pandemic. The measures, which are described as first steps, range from wage subsidies to business loans and deferred payments of taxes and import tariffs. Since various program details are still [&hellip;]<\/p>\n","protected":false},"author":11,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[41],"tags":[],"_links":{"self":[{"href":"https:\/\/vrca.ca\/wp-json\/wp\/v2\/posts\/19133"}],"collection":[{"href":"https:\/\/vrca.ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/vrca.ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/vrca.ca\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/vrca.ca\/wp-json\/wp\/v2\/comments?post=19133"}],"version-history":[{"count":2,"href":"https:\/\/vrca.ca\/wp-json\/wp\/v2\/posts\/19133\/revisions"}],"predecessor-version":[{"id":19135,"href":"https:\/\/vrca.ca\/wp-json\/wp\/v2\/posts\/19133\/revisions\/19135"}],"wp:attachment":[{"href":"https:\/\/vrca.ca\/wp-json\/wp\/v2\/media?parent=19133"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/vrca.ca\/wp-json\/wp\/v2\/categories?post=19133"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/vrca.ca\/wp-json\/wp\/v2\/tags?post=19133"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}