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Chinese State-Owned Enterprises Among Recipients of COVID-19 Wage Subsidy


Chinese State-Owned Enterprises Among Recipients of COVID-19 Wage Subsidy
Chinese state-owned enterprises were found to be recipients of Canada’s COVID-19 wage subsidy benefit.
In an effort to push for transparency, the Canada Revenue Agency (CRA) launched a search registry on Monday to help Canadians track employers who have been receiving the Canada Emergency Wage Subsidy (CEWS) amid the COVID-19 pandemic.
Among the recipients, Chinese state-owned companies and non-profit organizations with close ties to the Chinese Communist Party (CCP) were found to be receiving the Canadian wage subsidy. Some of them include the Canadian arm of PetroChina, Bank of China (BOC), Industrial and Commercial Bank of China (ICBC), China Mobile, and Canada China Business Council (CCBC).  ....

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