How the flaws in CEWS could set the stage for a pandemic profits tax theglobeandmail.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theglobeandmail.com Daily Mail and Mail on Sunday newspapers.
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A year into the pandemic, its legacy appears mixed. On the one hand, you have the millions of dead, the tens of millions sickened, the worldwide paralysis of social and economic life around the planet, and all that. On the other hand, it has helped make the world safe for big government.
As the Prime Minister and other members of his government are fond of noting, the pandemic presents a historic “opportunity” – to use the surge in public support for activist government, of a kind often observed in a crisis, to carve out a greatly expanded role for the state long after the crisis is over; to “build back better,” to “reimagine economic systems,” and yes, to “reset.”
The federal government will extend the current rate of the Canada Emergency Wage Subsidy (CEWS) and the Canada Emergency Rent Subsidy (CERS) programs through to June.