Justin Trudeau did not provide a detailed breakdown of how the $ 10.4 billion would be spent (File)
Ottawa:
Canada Willing To Spend C $ 14 Billion ($ 10.4 Billion) To Help People Return To Work Safely As Restrictions To Coronavirus Pandemic Gradually Lifted, Prime Minister Justin Trudeau.
“To really move forward, we need a pan-Canadian plan to relaunch the economy in a safe and efficient manner,” said Trudeau at his daily press conference.
The funds are part of a “safe restart agreement” with the 13 provinces and territories, which is still under development and which will cover the next “critical six to eight months,” said the Prime Minister.
Friday’s announcement marks a change from the federal government in helping Canadians and businesses affected by pandemic closures to revive the economy.
The spread of the new coronavirus in Canada has slowed considerably in the past two weeks, according to public health data, and the provinces have gradually reopened.
On Friday, coronavirus-related deaths increased 1.4% from the previous day to 7,652, according to official data.
Ottawa is already on track to spend C $ 300 billion, or 15% of gross domestic product, on wage subsidies, monthly income support for the unemployed and other measures to help overcome the crisis .
Trudeau did not provide a detailed breakdown of how the Canadian $ 14 billion would be spent. He said that some were intended to provide personal protective equipment to health workers and businesses so that people could return to work.
Part of the money will go to cities and municipalities that provided essential services during the pandemic while their revenues fell dramatically, said Trudeau, and child care would also benefit.
It could also help pay sickness benefits to those who are not currently receiving it from their employer and help the elderly and long-term care homes severely affected by the virus.
(With the exception of the title, this story was not edited by GalacticGaming staff and is published from a syndicated feed.)
