Finance recently announced that it will allow eligible employers subject to capacity-limiting restrictions of 50% or more to benefit from the Local Lockdown Program until March 12, 2022. In addition, these employers only have to meet a reduced 25% revenue decline threshold requirement to qualify for the program during this period. Further, eligible workers in provinces or territories that have introduced similar capacity-limiting restrictions will also be able to access benefits under the Canada Worker Lockdown Benefit until March 12, 2022. Previously, these temporary relief measures were set to expire on February 12, 2022.
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