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Your source for expert commentary and information in the fields of tax, accounting, human resources, estate planning and technology.

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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COVID-19 UPDATE: New and expanded federal government measures, April 13th – 17th

Saturday April 18, 2020

The federal government has introduced numerous measures over the past several weeks to assist Canadian businesses during the COVID-19 crisis. This week, the government announced expanded eligibly for two of these programs, and introduced a new initiative that would assist small businesses by [...]
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