Mr. Chair, we're working closely with the industry and my provincial counterparts to identify the best programs to help producers in this difficult time. Last week, we announced specific programs for the meat sector: $77.5million for processors, $50million for beef producers and $50million for pork producers.
Mr. Chair, Chez Angela Bakery in Brandon has seen tremendous success since it opened two years ago. Due to this growth and the eligibility criteria for the wage subsidy program, their revenues would have to decline much further than 30% in order for them to receive help. Will the Minister of Finance amend the eligibility for the wage subsidy program so that Chez Angela and similar businesses can apply?
The honourable Minister of Industry.
Mr. Chair, I'd like to thank the honourable member for his question. I want to highlight the fact that we did make an amendment. When we originally proposed this initiative, the threshold was 30% for the month of March. Now businesses will only need to show a 15% decline in revenue, and businesses will have the option of using January and February as a reference period to show revenue losses, or of using the same time last year. This reflects, again, our ability to understand the needs of businesses, to act quickly and to make sure that they benefit from this very important initiative.