by cpiwebdesign | Jun 9, 2020 | Uncategorized
On July 1, 2020 the government’s prescribed interest rate will decrease from its current two percent to one percent. In some cases, this can provide a tax planning opportunity to split income with a spouse or common-law partner, children, grandchildren or other...
by cpiwebdesign | May 15, 2020 | Uncategorized
Finance Minister Bill Morneau today announced that the Government of Canada will extend the CEWS by an additional 12 weeks to August 29, 2020. Extending the program will give workers greater confidence that they will continue to get the support they need during these...
by cpiwebdesign | Apr 24, 2020 | Uncategorized
As the COVID-19 pandemic continues, it is having a significant impact on many businesses, including operating losses as a result of closures, reduced operations and other unforeseen expenses. These businesses should consider reviewing their insurance policies,...
by cpiwebdesign | Apr 21, 2020 | Uncategorized
Beginning April 27th, applications will be open for the Canada Emergency Wage Subsidy. For those who are eligible, most businesses may apply using My Business Account. If you represent a business, you may apply using Represent a Client. Alternatively, on April 27th...
by cpiwebdesign | Apr 17, 2020 | Uncategorized
On April 16, 2020 the Government of Canada announced changes to the Canada Emergency Business Account and introduced the Canada Emergency Commercial Rent Assistance program. Canada Emergency Business Account (CEBA) The CEBA allows banks and credit unions to lend up to...
by cpiwebdesign | Apr 13, 2020 | Uncategorized
On April 11, 2020, the Federal government’s $73 billion wage subsidy legislation received Royal Assent and was passed into law. What It Means for Canadian Employers The new Canada Emergency Wage Subsidy (CEWS) provides a 75% wage subsidy to eligible employers...
