Small Businesses! Applications for Canada Emergency Commercial Rent Assistance starts May 25th
2020 Only, Blog, Business Owners, Coronavirus, Coronavirus - Practice Owners, corporateThe Application portal for the Canada Emergency Commercial Rent Assistance (CECRA) opens at 8:00am EST on May 25th
Expanded eligibility for CEBA $40,000 interest-free loan
2020 Only, Blog, Business Owners, Coronavirus, Coronavirus - Practice OwnersThe Prime Minister outlined the expanded eligibility for the Canada Emergency Business Account and highlighted companies such as hair salon owners, independent gym owners with contracted trainers and local physio businesses will now be eligible.
"If you are the sole owner-operator of a business, if your business relies on contractors, or if you have a family-owned business and you pay employees through dividends, you will now qualify." - PM Justin Trudeau
Extended! Canada Emergency Wage Subsidy extended beyond June
2020 Only, Blog, Business Owners, Coronavirus, Coronavirus - Practice OwnersOn May 8th, Prime Minister Justin Trudeau announced that they will extend the Canada Emergency Wage Subsidy (CEWS) beyond June.
Apply for Canada Emergency Wage Subsidy starting April 27th | Calculate your subsidy
2020 Only, Blog, Business Owners, Coronavirus, Coronavirus - Practice OwnersOn April 21st, Prime Minister Justin Trudeau announced that the Canada Revenue Agency will accept applications for the Canada Emergency Wage Subsidy (CEWS) starting Monday, April 27th. This new measure gives qualifying employers up to $847 per employee each week so they can keep people on the payroll.