Category: subsidy

Shanxi Officials Takes 28 Foundlings From Foster Care Mom Without Due Process

A Shanxi lady in her 70s has dedicated 46 years of her life to caring for abandoned children. Recently, local officials removed the children currently in her care without explanation and despite the fact that she had legally adopted the majority of them. Kong Zhenlan from Jiuji, a village in Shanxi Province, has adopted more than…


US, EU Must Avoid Subsidy Race Amid Chip Shortage: EU’s Vestager

The United States and the European Union must avoid a subsidy race as they rush to support semiconductor production amid a global chip shortage, EU Competition Commissioner Margrethe Vestager said on Friday. “We really need to avoid a subsidy race, a race that leaves everyone poorer off,” Vestager said in a speech at the University…


Feds Announce Subsidy Program for Businesses, Tighten Travel Restrictions

The federal government has announced a new subsidy program for Canadian businesses as the country moves to tighten travel restrictions to cope with second wave of COVID-19. Prime Minister Justin Trudeau announced the launching of the Highly Affected Sectors Credit Availability Program (HASCAP) during a press conference on Jan. 26. “Through HASCAP, Canadian-based businesses that…