On Friday October 9th 2020, the Federal Government announced several new subsidies available to small to mid-size businesses and organizations affected by Covid-19, including a new Commercial Emergency Rent Subsidy (“CERS”) program, expanding the Canadian Emergency Benefit Account (“CEBA”) loan program and extending the Canadian Emergency Wage Subsidy (“CEWS”) program to June of 2021. Detailed […]
Top Ten Tips for Navigating a Small Business During COVID-19 from an Accountant and Valuator’s Perspective
We have been living with COVID-19 in our world for some time now. Although it is a very fluid situation, some measures can be taken to position your business to withstand the uncertain times and thrive when the pandemic is over. From October 18th to 24th, 2020 we celebrate the Small Business Week and there […]
Annual Year-End Planning for 2020
Please see some of our other tax planning blogs posted earlier this year: Tax Planning Ideas During These Challenging Times Whether we may see some tax changes introduced later this fall: Coming Soon – Taxing the Pandemic This includes whether the federal Liberal government will change how capital gains are taxed and whether it makes […]
Canada Announces a New Commercial Rent Support Program, Expands Small Business Loans and Extends the Canadian Emergency Wage Subsidy
On Friday October 9th 2020, the Federal Government announced several new subsidies available to small to mid-size businesses and organizations affected by Covid-19, including a new Commercial Emergency Rent Subsidy (“CERS”) program, expanding the Canadian Emergency Benefit Account (“CEBA”) loan program and extending the Canadian Emergency Wage Subsidy (“CEWS”) program to June of 2021. Detailed […]