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 $40,000 to qualifying... Read More →

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 to 12 weeks,... Read More →

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 their revenue of March, April... Read More →

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, the CRA has advised... Read More →