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Help for Small/Medium Businesses & Entrepreneurs – 75% wage subsidy, $40,000 interest-free loan & more

Mar 27, 2020

March 27, 2019 - Prime Minister Justin Trudeau announced programs and measures focused on helping Small & Medium Sized Businesses and Entrepreneurs cope with the economic consequences caused by the COVID-19 pandemic. “With these new measures, our hope is that employers being pushed to laying off people due to COVID-19 will think again,” Trudeau said. “And for those of you who have already had to lay off workers, we hope you will re-hire them.”

Canada Emergency Response Benefit to help workers and businesses

Mar 25, 2020

$2,000/month for 4 months - Canada Emergency Response Benefit to help workers and businesses

How to apply for EI benefits for COVID-19 quarantines and other support programs

Mar 20, 2020

Employment Insurance (EI) sickness benefits provide up to 15 weeks of income replacement and is available to eligible claimants who are unable to work because of illness, injury or quarantine, to allow them time to restore their health and return to work. Canadians quarantined can apply for Employment Insurance (EI) sickness benefits.

Support for Business Owners and Employees Covid 19

Mar 19, 2020

We know that clients have questions about the Federal government's economic response plan, we have included a summary of the information below specifically for business owners and employees.

Coronavirus & Market Uncertainty – $82 billion in aid for Families and Businesses

Mar 18, 2020

On March 18th, the Prime Minister, Justin Trudeau, announced a further $82 billion in support including $27 billion in direct support for Canadian workers and businesses. This is in addition to the $20 billion across the country which includes $10 billion available through the Business Development Bank of Canada (BDC) to help small and medium-sized businesses.

Coronavirus & Market Uncertainty – Federal Government $20 billion economic aid package

Mar 16, 2020

On March 13th, the Prime Minister, Justin Trudeau, outlined Canada's response to COVID-19 including new investments to help protect Canadians and businesses. The total value of an aid package could be up to $20 billion across the country which includes $10 billion available through the Business Development Bank of Canada (BDC) to help small and medium-sized businesses. Here are some details of the programs they are funding:

Coronavirus & Market Uncertainty- What you should do.

Mar 03, 2020

Over the last week, the financial market has taken a downturn amidst fears over Coronavirus. The S&P 500 had its worst weekly drop since the financial crisis in 2008, after setting all-time highs the prior week.*

Salary vs Dividend

Feb 29, 2020

As a business owner, you have the ability to pay yourself a salary or dividend or a combination of both. In this article and infographic, we will examine the difference between salary and dividends and review the advantages and disadvantages of each.

Comparing TFSAs and RRSPs – 2020

Jan 30, 2020

We examine the difference between RRSP and TFSA in the deposit and withdrawal stage.

RRSP Tax Savings Calculator for the 2019 Tax Year

Jan 16, 2020

The 2019 RRSP Tax Savings Calculator