The Canada Revenue Agency (CRA) has penalized only 185 out of 460,060 companies that received funds from a controversial pandemic support fund, figures released to The Breach reveal. The Canada Emergency Wage Subsidy (CEWS) program paid out $101 billion to companies and was widely criticized for lax eligibility that turned it into a corporate cash cow. As the agency has gone easy on companies that cashed in on the program, they are simultaneously pushing over a million Canadians to repay their pandemic income assistance. The $2000-a-month Canada Emergency Response Benefit (CERB) was a lifeline over the first years of the pandemic, helping many low-income Canadians buy food and pay rent.
https://breachmedia.ca/cra-penalized-just-185-companies-for-misusing-covid-money-while-targeting-1m-canadians/
The Canada Revenue Agency (CRA) has penalized only 185 out of 460,060 companies that received funds from a controversial pandemic support fund, figures released to The Breach reveal. The Canada Emergency Wage Subsidy (CEWS) program paid out $101 billion to companies and was widely criticized for lax eligibility that turned it into a corporate cash cow. As the agency has gone easy on companies that cashed in on the program, they are simultaneously pushing over a million Canadians to repay their pandemic income assistance. The $2000-a-month Canada Emergency Response Benefit (CERB) was a lifeline over the first years of the pandemic, helping many low-income Canadians buy food and pay rent. https://breachmedia.ca/cra-penalized-just-185-companies-for-misusing-covid-money-while-targeting-1m-canadians/
BREACHMEDIA.CA
CRA penalized just 185 companies for misusing COVID money, while targeting 1M Canadians ⋆ The Breach
New data reveals Canada Revenue Agency has gone after very few companies for abusing a COVID wage subsidy program that acted as “massive wealth transfer”
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