by Financial Tech Tools | Aug 12, 2020 | 2020 Only, Blog, Coronavirus, Coronavirus - Practice Owners
On August 11th, the Government of Canada updated the calculator and Canada.ca with the changes to the Canada Emergency Wage Subsidy (CEWS). If you’re a business owner who has suffered losses as a result of COVID-19 and did NOT qualify previously for CEWS, you...
by Financial Tech Tools | Jun 17, 2020 | 2020 Only, Blog, Business Owners, Coronavirus, Coronavirus - Associates, Coronavirus - Practice Owners, Coronavirus - Students, corporate, individuals
CERB Extended 2 more monthsGreat news for Canadians out of work and looking for work. The CERB will be extended another 8 weeks for a total of up to 24 weeks. As the country begins to restart the economy, the Federal government will be making changes to the program to...
by Financial Tech Tools | May 24, 2020 | 2020 Only, Blog, Business Owners, Coronavirus, Coronavirus - Practice Owners, corporate
Lower rent by 75% for small businesses that have been affected by COVID-19The Application portal for the Canada Emergency Commercial Rent Assistance (CECRA) opens at 8:00am EST on May 25th. The description from the CMHC website: “Canada Emergency Commercial Rent...
by Financial Tech Tools | May 19, 2020 | 2020 Only, Blog, Business Owners, Coronavirus, Coronavirus - Practice Owners
“If you are the sole owner-operator of a business, if your business relies on contractors, or if you have a family-owned business and you pay employees through dividends, you will now qualify.” – PM Justin TrudeauEligibilityThe Prime Minister...
by Financial Tech Tools | May 13, 2020 | 2020 Only, Blog, Coronavirus, Coronavirus - Retired, Coronavirus - Students, Retirement
Students can apply for $1,250 through the Canada Emergency Student Benefit starting FridayFrom canada.ca: “The Canada Emergency Student Benefit (CESB) provides financial support to post-secondary students, and recent post-secondary and high school...
by Financial Tech Tools | May 8, 2020 | 2020 Only, Blog, Business Owners, Coronavirus, Coronavirus - Practice Owners
On May 8th, Prime Minister Justin Trudeau announced that they will extend the Canada Emergency Wage Subsidy (CEWS) beyond June. This measure gives qualifying employers up to $847 per employee each week so they can keep people on the payroll. EligibilityTo be eligible...
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