Bishop & McKenzie LLP is pleased to welcome Lora Lee and Kamil Y. Umar to its partnership.
Today, the Minister of Finance released further details on a new wage subsidy program at 75%, called the Canada Emergency Wage Subsidy. The Prime Minister and the Minister of Finance indicated that the intention of this program is to allow employees to continue to be paid and to be connected to their employers, to support our economy in remaining strong and sustaining the best position to rebuild rapidly when we are able to recover from the COVID-19 crisis.
On July 13, 2020, Prime Minister Trudeau announced an extension to the Canada Emergency Wage Subsidy Program. On July 21, 2020, the Government passed the extension legislation as well as changes to the criteria for qualifying businesses. This update addresses these changes related to the ongoing Coronavirus pandemic and its effects on businesses and their workforces.
We understand the challenges in the spread of COVID-19 and the global pandemic declaration by the World Health Organization (WHO). At Bishop & McKenzie LLP, we have been planning and implementing various precautionary measures and adjusting our operations to make efforts to ensure the health and safety of our employees, clients and families, and of the greater communities in which we operate. We will continue to monitor the situation as it changes.
Bishop & McKenzie LLP is pleased to sponsor ACG Edmonton's 2020 Corporate Growth Summit, held March 11 - 12, 2020 at the Edmonton Convention Centre.