75% Commercial Rent Assistance Program
2020 Only, blog, Coronavirus, Coronavirus - Practice OwnersOn April 24th, the Federal Government in partnership with the provinces and territories unveiled the Canada Emergency Commercial Rent Assistance which provides rent relief to businesses.
Canada Emergency Student Benefit: Students will be eligible for $1,250 a month from May through August
2020 Only, blog, Coronavirus, Coronavirus - StudentsGreat news for students worried about financially making ends meet. Prime Minister Justin Trudeau announced the Canada Emergency Student Benefit which provides $1,250/month from May through August or $1,750/month for those taking care of someone else or have a disability.
For students looking to volunteer to help fight COVID-19, the Canada Student Service Grant provides $1,000 to $5,000
Apply for Canada Emergency Wage Subsidy starting April 27th | Calculate your subsidy
2020 Only, blog, Business Owners, Coronavirus, Coronavirus - Practice OwnersOn April 21st, Prime Minister Justin Trudeau announced that the Canada Revenue Agency will accept applications for the Canada Emergency Wage Subsidy (CEWS) starting Monday, April 27th. This new measure gives qualifying employers up to $847 per employee each week so they can keep people on the payroll.
New Canada Emergency Commercial Rent Assistance | Canada Emergency Business Account Expanded
2020 Only, blog, Business Owners, Coronavirus, Coronavirus - Practice OwnersOn April 16th, Prime Minister Justin Trudeau announced support for to help small businesses with their rent for the months of April, May and June.
The program is being worked out with the provinces and more details will be available shortly.
Expanded eligibility for Canada Emergency Response Benefit (CERB) & Boosted wages for Essential Workers
2020 Only, blog, Business Owners, Coronavirus, Coronavirus - Associates, Coronavirus - Practice Owners, Coronavirus - StudentsPrime Minister Justin Trudeau announced:
"Today, we're announcing more help for more Canadians. This includes topping up the pay of essential workers. At the same time, we'll also be expanding the Canada Emergency Response Benefit to reach people who are earning some income as well as seasonal workers who are facing no jobs and for those who have run out of EI recently. Expanding the CERB to include people who earn up to $1,000 per month. Maybe you're a volunteer firefighter, or a contractor who can pickup some shifts, or you have a part-time job in a grocery store."
Applications for the Canada Emergency Business Account starts TODAY!
2020 Only, blog, Business Owners, CoronavirusThe new Canada Emergency Business Account (CEBA) is available starting TODAY and is available through major banking institutions.
The CEBA will provide qualifying businesses an interest-free loans of up to $40,000 until December 31, 2022.