Canada’s latest economic aid package for the Covid-19 crisis won’t be open to businesses with tax evasion convictions and will demand changes from those aggressively avoiding taxes, Prime Minister Justin Trudeau said.
Canadians expect companies that benefit from the Large Employer Emergency Financing Facility, which will provide loans over C$60 million ($42.76 million), to be responsible for paying their fair share in taxes, Trudeau said Monday at a news conference.
The program is intended to provide bridge financing to businesses with over C$300 million in revenue and a significant work force in Canada.
The conditions are the ...
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