So what happens to folks who are making north of 78000?
Does that mean the company has to cover the rest of the salary?
A couple things one could surmise from this.
If you are making more than 60k+, it could be logical to assume you might have the ability to work from home or in an essential business that is still operating(and thus have no impact to your pay), in comparison to those workers this subsidy will greatly help, who are likely earning much less.
Secondly, it has not been mandated, but Prime Minister Trudeau basically did ask, that if your company is large enough(keeping in mind that this subsidy covers even large businesses too), then to try and cover the remaining 25% of wages not covered by the 75% coverage, since the government is taking a huge chunk of operating cost away.