by BateMac | May 25, 2020 | Additional Information & Resources, Blog, COVID-19
In mid-March, the Federal Government announced a number of interest and penalty-free tax payment deferrals to September 1, 2020. These deferrals included T2 Corporate Income Tax Returns and T3 Trust Income Tax Returns where the balances became due after March 18,...
by BateMac | May 20, 2020 | Blog, CECRA, COVID-19
Following the Federal government’s April announcement of the Canada Emergency Commercial Rent Assistance (CECRA) program, application and eligibility details have finally emerged. CECRA, which is a joint initiative with the Provinces and Territories, will lower rent...
by BateMac | May 20, 2020 | Blog, CEBA and other capital, COVID-19
On May 19th, the Federal Government announced an expansion of the eligibility criteria regarding the Canada Emergency Business Account (CEBA). These expanded CEBA qualification criteria will operate to effectively include numerous additional owner-operated small...
by BateMac | May 19, 2020 | Blog, CEWS, COVID-19
On May 15th, the Federal Government announced an extension to the Canada Emergency Wage Subsidy (CEWS) to August 29, 2020. This announcement extends the program by 12 weeks, which was previously set to expire on June 6th. The CEWS provides eligible employers with...
by BateMac | May 15, 2020 | Additional Information & Resources, Blog, CEBA and other capital, COVID-19
The Federal Government provided details on the Regional Relief and Recovery Fund (RRRF) on May 13, 2020. This program allows Canada’s six regional development agencies (RDAs) to deliver $675 million in financial support to small-and-medium-sized enterprises that are...
by BateMac | May 12, 2020 | Additional Information & Resources, Blog, CEBA and other capital, COVID-19
On May 11th, the Federal Government announced an expansion of the Business Credit Availability Program (BCAP) and established the Large Employer Emergency Financing Facility (LEEFF). BCAP is expanding to include mid-sized companies with larger financing needs....