October 19, 2020

CECRA Extension Opt-in Periods Expire October 30th, 2020

Those who qualified for CECRA based on existing program parameters will be able to apply for an additional three months

October 19, 2020

Government Announces New “Canada Emergency Rent Subsidy”

The government of Canada announced the “Canada Emergency Rent Subsidy”, a new program designed to provide financial assistance to commercial tenants who have been impacted by the ongoing COVID – 19 pandemic

August 31, 2020

New T4 reporting requirements

For the 2020 tax year, the Canada Revenue Agency (CRA) will be introducing additional reporting for the T4 slip, Statement of Remuneration Paid.

July 30, 2020

Blog 2 – Canadian Emergency Wage Subsidy (CEWS) for the period July 5th 2020 to November 21st, 2020

The federal government passed new legislation modifying the existing Canada Emergency Wage Subsidy (“CEWS”) program. These are the highlights.

June 30, 2020

Blog 1 – Canadian Emergency Wage Subsidy (CEWS) for the period March 15th, 2020 to July 4th, 2020

To support businesses through these tough economic times, the Government is proposing to introduce a wage subsidy of 75 per cent for qualifying businesses, for up to 3 months, retroactive to March 15, 2020

June 30, 2020

COVID–19 Update: Canada Emergency Commercial Rent Assistance (CECRA) – last updated Aug 5 2020

Canada Emergency Commercial Rent Assistance is a program designed to offer unsecured, forgivable loans to landlords who agree to reduce the rent payable to them by tenants who have experienced a reduction in revenues due to COVID-19

June 28, 2020

COVID-19 Update: Canada Emergency Business Account

The Canada Emergency Business Account provides loans of up to $40,000 to businesses & not-for-profits to assist with the economic impact of COVID-19

June 27, 2020

COVID-19 Update: Canada Emergency Response Benefit – last updated July 1 2020

The government has established the Canada Emergency Response Benefit to provide temporary income support to employed and self-employed Canadians

June 19, 2020

Why Cloud Accounting is different than Traditional Bookkeeping

Most small businesses today have not changed their accounting and bookkeeping processes in several years. Perhaps it’s time to consider options

May 25, 2020

COVID-19 Update: Regional Relief and Recovery Fund

The government of Canada announced a $675 million fund to support businesses that did not qualify for other COVID-19 relief measures.