For businesses that have been hit hardest by the pandemic, hiring the workers they need to grow is a cost they may worry about taking on. The federal government wants these businesses to be able to recover and grow by hiring more people.
The recent federal budget proposed the new Canada Recovery Hiring Program to provide support to eligible employers that continue to experience qualifying declines in revenues relative to before the pandemic. The proposed Hiring Program is included in Bill C-30, An Act to implement certain provisions of the budget tabled in Parliament on April 19, 2021 and other measures, which is currently before Parliament. The program would offset a portion of the extra costs employers take on as they reopen, either by increasing wages or hours worked or hiring more staff. This support would only be available for active employees and will be available from June 6, 2021, to November 20, 2021. The aim is to make it as easy as possible for businesses to hire new workers as the economy reopens.
Read the full article for more information. If you require any assistance please contact info@niagaracanada.com.