top of page
HIR Ad-2024-970x90_desktop

Mar 29, 2023

Work-Sharing Gets Support

When businesses struggle, it can be difficult for them to keep staff on payroll. Federal Budget 2023 proposes to provide $5.4 million over three years, starting in 2023/24, to ensure that the work-sharing program continues to provide timely support to Canadian workers and businesses. The program helps avoid layoffs during temporary decreases in business activity by providing income support through the Employment Insurance program to eligible employees who work a reduced week while their employer recovers. This means that employees can keep their jobs and continue earning income, while their employer retains skilled workers without having to hire someone new when business picks up.

Sign up for our Daily News Alerts to receive relevant industry news, articles, and previews for our next issue of Home Improvement Retailing. Delivered directly to your inbox. Subscribe here.

bottom of page