Many B.C. businesses haven’t accounted for severance, ask for layoff extension

By Graeme Wood / Glacier Syndicated
Extension to August aligns with emergency benefits and would give businesses “breathing room” to return furloughed employees upon re-opening: Coalition group

B.C. business groups are asking the provincial government to extend the temporary layoff time period until Aug. 31, to prevent COVID-19-affected companies from closing permanently should paying severance to employees exceed their fiscal capacity. Underscoring this call for action is the assertion many businesses have not adequately saved money for such a statutory benefit.…

Source:: Many B.C. businesses haven’t accounted for severance, ask for layoff extension

• Whistler News

June 23, 2020

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