{"id":19029,"date":"2025-03-08T13:40:25","date_gmt":"2025-03-08T07:55:25","guid":{"rendered":"https:\/\/nepalsamaj.com\/en\/?p=19029"},"modified":"2025-03-08T13:40:25","modified_gmt":"2025-03-08T07:55:25","slug":"canada-announces-support-for-businesses-workers-in-response-to-u-s-tariffs","status":"publish","type":"post","link":"https:\/\/nepalsamaj.com\/en\/canada-announces-support-for-businesses-workers-in-response-to-u-s-tariffs\/","title":{"rendered":"Canada announces support for businesses, workers in response to U.S. tariffs"},"content":{"rendered":"<div style=\"margin-top: 0px; margin-bottom: 0px;\" class=\"sharethis-inline-share-buttons\" ><\/div><p>The Canadian government unveiled a new package of support programs on Friday to assist businesses and workers affected by U.S. tariffs.<\/p>\n<p>According to a press release by the country&#8217;s Department of Finance, the Trade Impact Program will deploy 5 billion Canadian dollars (3.5 billion U.S. dollars) over the next two years to help businesses cope with decreased U.S. sales and reach new global markets.<br \/>\nA total of 500 million Canadian dollars will be available for business loans at preferential interest rates, with an additional 1 billion Canadian dollars explicitly designated for loans to the agricultural sector.<\/p>\n<p>Additionally, the government is introducing temporary flexibility into the employment insurance program to help businesses retain workers by reducing work hours.<br \/>\nUnder the new measures, &#8220;employees can reduce their hours, spread the work across the same number of employees while compensating those employees through (employment insurance) for lost time or lost wages,&#8221; Employment Minister Steven MacKinnon said during a news conference in Ottawa on Friday.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Canadian government unveiled a new package of support programs on Friday to assist businesses and workers affected by U.S. tariffs. According to a press release by the country&#8217;s Department of Finance, the Trade Impact Program will deploy 5 billion Canadian dollars (3.5 billion U.S. dollars) over the next two years to help businesses cope [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":16940,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[15],"tags":[],"class_list":["post-19029","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-world"],"_links":{"self":[{"href":"https:\/\/nepalsamaj.com\/en\/wp-json\/wp\/v2\/posts\/19029"}],"collection":[{"href":"https:\/\/nepalsamaj.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nepalsamaj.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nepalsamaj.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/nepalsamaj.com\/en\/wp-json\/wp\/v2\/comments?post=19029"}],"version-history":[{"count":1,"href":"https:\/\/nepalsamaj.com\/en\/wp-json\/wp\/v2\/posts\/19029\/revisions"}],"predecessor-version":[{"id":19030,"href":"https:\/\/nepalsamaj.com\/en\/wp-json\/wp\/v2\/posts\/19029\/revisions\/19030"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nepalsamaj.com\/en\/wp-json\/wp\/v2\/media\/16940"}],"wp:attachment":[{"href":"https:\/\/nepalsamaj.com\/en\/wp-json\/wp\/v2\/media?parent=19029"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nepalsamaj.com\/en\/wp-json\/wp\/v2\/categories?post=19029"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nepalsamaj.com\/en\/wp-json\/wp\/v2\/tags?post=19029"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}