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 | Jul 17, 2020 | Blog, Business Owners, Coronavirus, Coronavirus - Practice Owners, corporate
On July 17th, Finance Minister Bill Morneau announced proposed changes to the Canada Emergency Wage Subsidy (CEWS) that will expand the number of businesses that qualify for the program. The major changes he announced were:”First, we’re proposing to extend...
by Financial Tech Tools | Jul 13, 2020 | Blog, Business Owners, Coronavirus, Coronavirus - Practice Owners, corporate
On July 13th, Prime Minister Justin Trudeau announced the extension of the Canada Emergency Wage Subsidy (CEWS) until December. The Prime Minster stated:”You’ve seen me come out to talk with Canadians about what we’re doing to help you and your...
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...
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