The Government of Ontario recently tabled its 2020 Budget. Highlights are outlined below: Corporate Tax: Corporate Tax Rates No new corporate income tax rate changes were announced in this year’s budget. As a result, selected combined 2020 federal and Ontario tax rates are outlined below:... Read More →

The government introduced the Canada Emergency Wage Subsidy to protect Canadian jobs, encourage employers to quickly rehire workers previously laid off because of COVID-19, and help bridge the Canadian economy to the other side of this unprecedented crisis. The wage subsidy program was put in... Read More →

The Government of Canada has now introduced draft legislation that includes the new Canada Emergency Rent Subsidy (CERS) and the Lockdown Support Subsidy. The application process for these new subsidies is not yet available. Under these proposed provisions, businesses, eligible charities and... Read More →

On October 9, 2020 the Government of Canada announced that it will be extending the Canada Emergency Wage Subsidy, creating a new Canada Emergency Rent Subsidy program, and expanding the Canada Emergency Business Account.  Canada Emergency Wage Subsidy  The government has now indicated that it... Read More →