Some of Canada’s biggest corporations received a pandemic subsidy intended to keep their employees on the payroll, but a new report finds that in many cases, these large companies actually reduced employment while padding the pockets of shareholders.
Canada's auditor general says COVID-19 benefits were delivered quickly and helped mitigate economic suffering, but the federal government hasn’t done enough to recover billions of dollars in overpayments.
While the pandemic meant layoffs or reduced hours for workers, Canada’s richest CEOs recorded their second-best year ever for compensation, according to a new report from the Canadian Centre for Policy Alternatives.
The situation is leading to calls on the federal government to use the current snarl in global supply chains to become more active in rethinking and reshaping the country's reliance on foreign suppliers.
The federal government has ordered that anyone applying for COVID-19 benefits will need to report whether they have recently travelled outside of the country — though it isn’t clear how it will catch and penalize any cheaters.