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The Canada Emergency Rent Subsidy - Summary and FAQ

Wednesday November 18, 2020

With Bill C-9 currently being fast-tracked through the House of Commons, the Canada Emergency Rent Subsidy (CERS) is expected to be enacted shortly. In preparation, we have created a summary of what we know about the program to date: Canada Emergency Rent Subsidy Summary The Canada [...]

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Summary of Key Government Announcements, August 2020 (updated October 8th)

Tuesday August 25, 2020

*UPDATE* The COVID-19 Response Measures Act (formerly Bill C-4) received Royal Assent on October 2nd. The Canada Recovery Benefit was increased to $500/week and the Canada Recovery Sickness Benefit was extended to include those with underlying conditions that make them more susceptible to COVID-19. Here is [...]

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Significant changes coming to the CEWS program

Thursday July 23, 2020

On July 17th, the federal government unveiled details of their proposed changes to the Canada Emergency Wage Subsidy (CEWS). The program will be extended to December 19th, 2020 and the 30% revenue loss eligibility threshold will be replaced with a sliding scale rate—opening [...]

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June 2020 Update

Tuesday June 30, 2020

Expanded CEBA program launched The Canada Emergency Business Account program (CEBA) provides government-guaranteed, interest-free loans to small businesses and not-for-profits of up to $40,000. Repaying the balance of the loan on or before December 31th, 2022 will result in loan forgiveness of 25%, [...]

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The Canada Emergency Wage Subsidy (CEWS): changes and updates

Sunday May 17, 2020

The Canada Emergency Wage Subsidy (CEWS) covers 75% of an employee's wages – up to $847 per week – for eligible employers. Here is a summary of some of latest key developments regarding CEWS: Important note re: verification calls Businesses that have applied [...]

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Application portal for the Canada Emergency Wage Subsidy (CEWS) opens on Monday, April 27th and other news

Friday April 24, 2020

Canada Emergency Wage Subsidy (CEWS) Businesses will be able to apply for the Canada Emergency Wage Subsidy (CEWS) using the CRA's My Business Account beginning Monday, April 27th. In preparation, eligible employers need to ensure that both their login credentials and CRA direct deposit [...]

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Summary of Key Government Support to Canadian Businesses in Response to COVID-19

Monday April 6, 2020

Since mid-March, many economic measures have been announced in support of Canadian businesses. Some of the details of these programs have changed since their initial announcement and may continue to evolve as the needs of Canadians and Canadian businesses are better understood. The [...]

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COVID-19 Business Update: Canada Emergency Wage Subsidy

Thursday April 2, 2020

Details on the Canada Emergency Wage Subsidy (CEWS) were announced yesterday by Minister Morneau. While we continue to have many questions regarding CEWS, this is what we understand to be true at this time: CEWS will provide a 75% wage subsidy to eligible [...]

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COVID-19 Business Update: March 29, 2020

Sunday March 29, 2020

A flurry of new economic measures to support Canadian businesses were announced late last week across all levels of government. The details are still pending on the majority of these, and we will continue to update you as these details are made available. Working [...]

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