â€œIn the last month alone, one million people have lost their jobs across the country and thousands more are struggling to get by with reduced or no income. Still, this government is letting banks and credit card companies charge sky-high interest rates when they know people are struggling to survive â€“ it isnâ€™t right,â€� said Julian. â€œThe federal government has the power and authority to step in. They need to stand up for Canadians by standing up to the banks.â€�
It is regarding the roll-out of the Canada Emergency Wage Subsidy and Canada Emergency Relief Benefit (CERB). Please find attached the letter sent to Finance Minister Bill Morneau abnd Minister of Small Business and Export Promotion Mary Ng.
â€œPeople canâ€™t wait for help. CERB and the wage replacement don't get money to Canadians fast enough and people who require support are being left out,â€� said Julian. â€œSending everyone a cheque and clawing back the money from people who donâ€™t need it at tax time really is the simplest solution. This is the best way to relieve the tremendous financial stress thousands of Canadians are feeling.â€�
"We were encouraged when the government looked like they were answering our call to increase the wage subsidy to 75%, but the government has not acted with the urgency Canadians need. The six week wait the government announced will force many businesses to close and more workers to lose their jobs," said Julian. "The delay in applying for and getting the Canadian Emergency Response Benefit is also way too long and could have been avoided if the government had just sent a direct benefit of $2,000 to every adult across the country. Now is the time for action. Not for excuses."
04/02/2020 21:44 EDT | Updated10 hours ago
Critic Peter Julian called on the government to raise minimum wage to at least $15 during pandemic.
By Althia Raj
OTTAWA â€” Minimum-wage workers who are getting up every morning to perform essential work should get some federal cash too, the NDP says.
NDP Finance critic Peter Julian called on the Liberal government Thursday to beef up the minimum wage to ensure no one who risks their health to pack grocery store shelves, operate cash registers at local pharmacies, and provide sanitary services in nursing homes across the country makes less than $15 an hour, with a top-up of 20 per cent to all essential workers during this crisis.
March 31, 2020 03:32 PM
New Westminster-Burnaby MP Peter Julian is urging local financial institutions and landlords to defer mortgages and rents for April 1 for folks who have been hard-hit by the COVID-19 pandemic.
New Westminster-Burnaby MP Peter Julian is calling on local banks and landlords to show compassion to those who may be unable to pay their rent or make mortgage payments on April 1.
â€œRenters landlords, and homeowners urgently need our help,â€� they wrote in the letter. â€œThe federal government must act immediately, before April, to suspend rent, utility bills and mortgage payments and impose a moratorium on evictions across the country.â€�
The New Democrats also called on the federal government to mandate the banks to waive interest fees and charges on credit cards, bank loans, lines of credit and mortgages for at least the next two payments cycles.
â€œCanadian businesses are suffering. They are struggling to survive. Therefore, many workers are suffering too â€“ hundreds of thousands of them are already laid-off and many more are worried about losing their jobs,â€� said Singh in a joint letter to the Prime Minister. â€œIn the coming weeks, millions of Canadians may be without work and countless businesses may close their doors across the country due to the public health measures intended to slow the spread of COVID-19. The governmentâ€™s announcement today will hopefully help businesses stay open, and most importantly, help people keep their jobs.â€�
â€œPeople are understandably worried about how theyâ€™re going to pay their bills and afford their food or the medications they need or even how to keep a roof over their heads,â€� said Julian. â€œWith the COVID-19 pandemic, Canadians need to know that their federal government has their back.â€�
â€œThe government needs to ensure that every Canadian who is facing this challenge has the ability to afford the essentials they need, without facing additional financial pressure due to bankruptcy laws,â€� said Masse. â€œThatâ€™s why we are calling on the government to put a moratorium on consumer proposal payments so that even if the default goes more than 3 months, creditorsâ€™ rights will not be revived.â€�
Lethbridge Herald (Final)
News | A4
The federal government is asking banks and credit-card companies to lower interest rates for Canadians, many of whom are struggling financially because of the COVID-19 pandemic.
The government is also looking at extending lower-interest credit directly to consumers, Prime Minister Justin Trudeau said, in his daily update to Canadians on Thursday.
While the COVID-19 crisis has forced millions of Canadians to miss out on work and wages, the federal governmentâ€™s announced supports are still weeks away. To help prevent Canadians from falling even deeper in debt, New Democrats are calling on the federal government to put the needs of Canadian people ahead of credit card company profits.
â€œThe government is making Canadians wait weeks for the roll out of the support they promised. But, for many families, waiting weeks just isnâ€™t an optionâ€� said Julian. â€œIn fact, even before the pandemic, close to half of all Canadians were just a few hundred dollars away from insolvency. These families are probably already relying on credit cards and high interest loans and will likely feel they have no choice but to turn to them even more now.â€�