560 CFOS

560 CFOS


Wednesday, March 25, 2020

Huron-Bruce MP Says $82B Bill Will Help Workers In Two Counties

Huron-Bruce | by Fadi Didi  

Conservative Ben Lobb says massive bill will allow those whose jobs are affected by COVID-19 reap employment benefits.

The Conservative MP for Huron-Bruce says an emergency bill passed in the House of Commons to fight the COVID-19 pandemic will benefit workers in the two ridings.

The federal Liberals introduced the $82 billion deal this week that would expand the Canada Child Benefit and GST credits, relax Employment Insurance rules, and offer $55 billion worth of deferred taxes.

Huron-Bruce MP Ben Lobb says the relaxing of Employment Insurance rules would allow workers in the riding affected by the outbreak of COVID-19 to secure payments where they would not normally be able to.

This would benefit retail and service sectors, critical to the thriving tourism industries in Huron and Bruce counties.

To put the $82 billion deal in context, Lobb says the country's annual budget is roughly $300 billion.

At a later date, Lobb says the federal government may revisit other issues related to how the COVID-19 virus has affected the economy.

The bill was passed in the early hours this morning.

share this story



Bayshore Broadcasting Corporation
© 2020 Bayshore Broadcasting Corporation

Web Site by Websmart Inc