Employers

Enhancements to the Canada Emergency Wage Subsidy (CEWS) have been approved – does your business qualify under the CEWS new rules?

On July 27, 2020, Bill C-20, An Act respecting further COVID-19 measures, received Royal Assent. The Canada Emergency Wage Subsidy (CEWS) will continue to protect jobs by helping businesses keep employees on payroll and encouraging employers to re-hire workers previously laid off. The amendments to the CEWS program will be in… Read More

Canada Emergency Business Account Update

On June 15, 2020, the CEBA website was updated to include additional FAQ questions. The additions focus on the the details and differences between the applying under the “Non-Deferrable Expenses Steam” as compared to the “Payroll Stream”. In a separate announcement, the Prime Minister stated that applications under the expanded… Read More

New Ontario legislation allows realtors to incorporate Personal Real Estate Corporations (PREC)

On March 4, 2020 Bill 145 of the Trust in Real Estate Services Act received royal assent. With the passage of Bill 145 of the Legislative Assembly of Ontario, Ontario real estate salespersons and brokers are now permitted to incorporate in Ontario. Supporting regulations are not yet finalized. Future regulations will outline… Read More

Canada Emergency Business Account- Expansion of support for workers and small businesses

The Prime Minister, Justin Trudeau, today announced an expansion to the eligibility criteria for the Canada Emergency Business Account (CEBA) to include many owner-operated small businesses. This extended measure will help small businesses protect the jobs that Canadians rely on. The changes to the CEBA will allow more Canadian small… Read More

Canadian Emergency Wage Subsidy- Extending eligibility

The government introduced the Canada Emergency Wage Subsidy (CEWS) to prevent further job losses, encourage employers to rehire workers previously laid off as a result of COVID-19, and help better position Canadian companies and other employers to more easily resume normal operations following the crisis. Finance Minister Bill Morneau today… Read More

Strict compliance of the CEWS eligibility

As of April 27, 2020, online applications have opened for the Canada Emergency Wage Subsidy (CEWS). The CEWS provides a 75% wage subsidy to eligible employers for up to 12 weeks and is retroactive to March 15, 2020. The subsidy will be available at a rate of 75% of weekly… Read More

Canada Emergency Commercial Rent Assistance

Today, Prime Minister Justin Trudeau announced that the federal government has reached an agreement in principle with all provinces and territories to implement the Canada Emergency Commercial Rent Assistance (CECRA) for small businesses. This program will lower rent by 75 per cent for small businesses that have been affected by… Read More

Canada Emergency Wage Subsidy- Application Information

New! Applications for the CEWS will be open on April 27. Be ready to apply for the CEWS. Please read the new information and consider using CRA’s calculator spreadsheet. Click here to read more about the Canada Emergency Wage Subsidy.

Update to the Canada Emergency Business Account

On April 16, Prime Minister Justin Trudeau announced changes to the CEBA, expanding the program to make it available to more Canadian businesses. The minimum threshold for 2019 payroll has been lowered to $20,000 (from $50,000) and the maximum increased to $1.5 million (from $1 million). To read updates about the Canada Emergency Business Account click here.

Canada Emergency Wage Subsidy- Update

On April 11, 2020, Finance Minister Bill Morneau introduced in Parliament Bill C-14, the COVID-19 Emergency Response Act, No. 2, which received Royal Assent, bringing this measure into law. The improvements to the Canada Emergency Wage Subsidy, also known as CEWS or the 75% subsidy, are as follows: To measure their revenue loss,… Read More

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