Madam Speaker, the parliamentary secretary mentioned that the wage subsidy is very important for small businesses to survive. There is no doubt about that, but with the new bill, it seems there are a lot of complications. People probably need master's degrees in mathematics to understand it, plus a few accountants, if they can afford to hire them.
I will give an example to the parliamentary secretary. If a business experienced an average revenue drop of more than 50% over the last three months, it can get a top-up to its wage subsidy benefit to reach a final top-up number. If we add into the calculations the base wage subsidy, which is if it had lost under 49% of its revenue, it is up for another set of calculations.
So my question for the parliamentary secretary is this: If a business loses 60% of its revenue, what would be the wage subsidy percentage that it would receive in order to survive?