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CRA names companies that received federal emergency wage subsidy
Tuesday, December 22nd, 2020
… more than 368,000 businesses, non-profits and charities in Canada have received the Canada Emergency Wage Subsidy (CEWS)… A recent review of CEWS disclosures by the Financial Post found that at least 68 publicly traded Canadian companies continued to pay out shareholder dividends while receiving the wage subsidy. The review found those companies got at least $1-billion in CEWS and paid out more than $5-billion in dividends.
Tags: budget, economy, privatization, tax
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