OTTAWA, Jan 8 (Reuters) - Some Chinese language state-owned enterprises working in Canada have tapp
OTTAWA, Jan 8 (Reuters) – Some Chinese language state-owned enterprises working in Canada have tapped into Ottawa’s wage subsidy program geared toward saving jobs in the course of the coronavirus pandemic, regardless of a dispute between the 2 governments.
A Canadian authorities on-line database lists the items of China Petroleum and Chemical compounds Corp 600028.SS, often known as Sinopec, CNOOC Ltd 0883.HK in addition to PetroChina Ltd 601857.SS amongst recipients of the wage subsidy, however it doesn’t reveal the worth of the subsidies.
Financial institution of China 601988.SS, Air China 601111.SS and China Southern Airways Co 600029.SS additionally seem on the record.
Canada’s 2018 arrest of a Huawei Applied sciences HWT.UL govt on a U.S. extradition request angered Beijing, and China subsequently jailed two Canadians in a transfer that Ottawa has stated was with out trigger.
Prime Minister Justin Trudeau’s authorities launched the wage subsidy final spring and this system has thus far paid out C$57 billion ($44.9 billion) in claims, together with tons of of multi-million greenback claims. The subsidy covers as much as 75% of a employee’s wages as much as a most good thing about C$847 per week.
A spokeswoman for Finance Minister Chrystia Freeland stated the aim of the wage subsidy was to guard Canadian jobs and applies to companies of all measurement.
“We acknowledge that some state-owned enterprises have accessed this system to assist jobs in Canada. We proceed to actively assess changes to the Wage Subsidy,” Katherine Cuplinskas stated.
A consultant for the Chinese language Embassy in Ottawa couldn’t instantly be reached for remark.
($1 = 1.2699 Canadian {dollars})
(Reporting by Julie Gordon in Ottawa, Rod Nickel in Winnipeg and Nia Williams in Calgary; enhancing by Grant McCool)
(([email protected]; Twitter: @RodNickel_Rtrs; 1-204-230-6043;))
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