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...
by cpiwebdesign | Apr 9, 2020 | Uncategorized
On April 8, 2020, changes were announced to the eligibility criteria for employers to claim the Canada Emergency Wage Subsidy (the Subsidy). In summary, the proposed changes include the following: When measuring revenue loss, eligible employers can either compare...
by cpiwebdesign | Apr 3, 2020 | Uncategorized
GST/HST Update – Payment & Filing Deadlines The CRA has now released additional details on GST/HST relief for businesses. While the GST/HST remittances and payments due on or after March 27, 2020 and before June 2020 may now be deferred to the end of June...
