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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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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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Monday April 13, 2020
Work-Sharing (WS) presents a viable option for many employers to prevent layoffs, while still preserving cash flow, during the COVID-19 crisis. Work-Sharing is a formal agreement between eligible employers, employees and the federal government. It allows eligible employees to access partial EI benefits [...]
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Saturday April 11, 2020
The COVID-19 pandemic has had serious cash flow implications for most businesses. In order to quickly and effectively respond to the financial challenges delivered by the current crisis, business owners need to think and act like a CFO. As leader, your capacity to [...]
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