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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...

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,...

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...

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...

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 for up...

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...

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 2020,...

Ontario's Action Plan to Respond to COVID-19 - Tax Aspects On March 25, 2020, the Ontario Government announced new tax relief measures in response to the COVID-19 pandemic. Temporary Increase to Employer Health Tax Exemption Businesses with less than $5 million in...

On March 27, 2020, Prime Minister Justin Trudeau made a number of new announcements as outlined below. The Prime Minister unveiled that the government is going to be increasing the payroll subsidy in an effort to thwart layoffs due to COVID-19. This subsidy will now...

On March 25, 2020, the Ontario government announced a five-month relief period for Ontario businesses who are unable to file or remit select provincial taxes on time, due to the special circumstances caused by the coronavirus (COVID-19) in Ontario. This relief period...

Temporary Wage Subsidy for Employers - Expanded Definition of 'Eligible Employer' As you may be aware, on March 25, 2020 the Federal Government passed the legislation required to implement measures recently announced. Contained in this legislation is an expanded...