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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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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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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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