by BateMac | Aug 5, 2020 | Blog, CECRA, CERB, COVID-19
On July 31, 2020, the Federal Government made two short but important announcements regarding two COVID-19 Economic Response Plan programs. The Canada Emergency Commercial Rent Assistance (CECRA) program was extended by one month and the Canada Emergency Response...
by BateMac | Jul 28, 2020 | Additional Information & Resources, Blog, COVID-19
The Canada Revenue Agency (CRA) has announced an extension of the payment deadline for individual, corporate and trust income tax returns, including instalment payments, from September 1, 2020, to September 30, 2020. If payments are made by the September 30, 2020...
by BateMac | Jul 21, 2020 | Blog, CEWS, COVID-19
Following the announcement of the Canada Emergency Wage Subsidy (CEWS) extension to December 2020, the Federal Government has released detailed CEWS amendments impacting the program for the remainder of the year. Many businesses that were not previously eligible to...
by BateMac | Jul 14, 2020 | Blog, CEBA and other capital, COVID-19
As of June 26, 2020, owner-operated small businesses that had been previously ineligible for the Canada Emergency Business Account (CEBA) may now apply for the program. Under the updated CEBA regime, those businesses that do not meet the original payroll requirements...
by BateMac | Jul 13, 2020 | Blog, CEWS, COVID-19
On July 13th, the Federal Government announced an extension of the Canada Emergency Wage Subsidy (CEWS) to December 2020. The program, which provides eligible employers with amounts equal to 75% of employees’ remuneration paid, up to a maximum of $847 per week per...
by BateMac | Jul 7, 2020 | Blog, CECRA, COVID-19
The Federal Government announced a one-month extension to the joint Federal and Provincial Canada Emergency Commercial Rent Assistance (CECRA) initiative, which aims to encourage landlords to provide eligible small business owners subsidized rent reductions. To be...