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View Bill Morneau Profile
Lib. (ON)
View Bill Morneau Profile
2020-04-11 14:28 [p.2123]
Mr. Chair, these are important questions.
We are looking at the best way to consider dividends for the purposes of the Canada emergency response benefit. We have not reached a conclusion, but that is very important.
As far as the wage subsidy is concerned, that is a bit harder because the months just before March, in other words January and February, are considered for remuneration. That will make it tough to deal with dividends, since only two months are being taken into account.
Finally, the other question is a matter of legislation and regulations. We will consider using a regulatory change in every case, because we know that is the most efficient option. However, if we have to use legislation, then we will look into doing that.
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