Thank you, Mr. Chair.
In the budget, the Minister announced that, to continue to receive the wage subsidy, company executives must no longer pay themselves bonuses. But that measure would only come into effect as of the 17th eligibility period, in June.
So amendment BQ-2 specifies, instead of giving companies an incentive to provide bonuses to their executives between April 19, the date the budget was brought down, and June, that the measure be retroactive to April 19. That needs to be done so that companies do not have an incentive to pay themselves bonuses right now.