Prime Minister Justin Trudeau says large and small businesses, non-profits and charities will all be eligible for a 75-per-cent subsidy on wages meant to cushion the blow from the COVID-19 pandemic.

Employers will have to show that their revenues have fallen by at least 30 per cent due to COVID-19.

The wages the subsidy covers will be capped at $847 a week, he says.

Speaking outside his Ottawa residence, Trudeau says the size of the company will not bear venue has decreased by 30% or more during this crisis will qualify for the subsidy.

The subsidy will apply to all businesses, big or small, including charities and non-profits.

Trudeau also warned businesses that is they attempt to cheat the system there will be serious consequences.

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