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LIVE: Online applications now being accepted for wage subsidy program

Employers could start receiving direct deposit for wage subsidy as early as May 7; prime minister says any re-opening of economy will have to be done carefully

Update:

Prime Minister Justin Trudeau says the federal government is now accepting online applications for the Canada Emergency Wage Subsidy (CEWS), which will provide employers with a 75 per cent wage subsidy for employees. 

Payments via direct deposit will be issued to eligible applicants beginning May 7. 

Trudeau noted that people who receive the wage subsidy no longer qualify for the Canada Emergency Response Benefit.

The federal government received nearly 10,000 online applications for the CEWS program as of 6 a.m. Monday morning. 

The prime minister says the federal government will continue working with premiers to draft a framework for re-opening the economy.

Any plan for re-opening, Trudeau says, would have to include established guidelines and principles for the re-opening of economic sectors and industries, in addition to guidelines for testing and medical capabilities.     

Original story:

Prime Minister Justin Trudeau is scheduled to brief Canadians on COVID-19 in what has become his daily address from Rideau Cottage at 11:15 a.m.

Village Media will carry the livestream.