New Canada Emergency Rent Subsidy Open for Applications
November 13, 2020
The Canada Revenue Agency has started accepting application for the much-awaited Canada Emergency Rent Subsidy (CERS) program. CERS provides a subsidy to help pay rent or mortgage expenses for businesses who have experienced certain revenue losses ...
Expansion of Canada Emergency Business Account (CEBA)
October 13, 2020
On October 9, 2020, the government of Canada announced the expansion of Canada Emergency Business Account (CEBA).
CEBA has been expanded to provide an interest-free loan of up to $20,000 for businesses impacted by COVID-19.
5 things to know about ...
New federal COVID-19 rent relief subsidy allows businesses to directly apply
October 12, 2020
On Friday October 9, 2020, the Government of Canada announced a new federal rent relief program, called Canada Emergency Rent Subsidy (CERS) for businesses amid the ongoing COVID-19 pandemic. This new program will provide rent assistance for businesses ...
Extension of the Canada Emergency Wage Subsidy (CEWS)
October 05, 2020
Update September 23rd, 2020:
The Trudeau government announced it is extending the federal wage subsidy into summer 2021. This is great news for the many businesses who have been suffering during the COVID-19 pandemic.
One month before this announcement, ...
New T4 reporting requirements in connection with COVID-19
October 02, 2020
The year 2020 has been an eventful year, to say the least. Many Canadians and Canadian businesses experienced one of the most uncertain periods in our lives as the Covid-19 global pandemic ravaged the economy and forced many employers to temporarily ...