Find details on the latest COVID-19 supports available for businesses and individuals here.

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Looking for a summary of the main provincial and federal COVID-19 supports for businesses and individuals? We've rounded up a list of everything you need to know, including eligibility information, important dates and helpful links. Learn more at: https://www.clearlinecpa.ca/overview-of-government-covid-19-benefits-and-support-programs

Want to take control of your finances and reach your goals? Our team delivers integrated tax and financial advice to businesses and personal clients throughout the Lower Mainland. Learn more about what we offer at: https://www.clearlinecpa.ca/what-we-do

Did you know that we regularly post the latest tax tips, financial insights, and COVID-19 resources for businesses and individuals on our blog? Get all the important updates at: https://www.clearlinecpa.ca/latest-news





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Page: 2

Clearline CPA’s COVID-19 Resources

First and foremost we want to wish everyone well. We hope that you and your loved ones are safe and coping through this difficult time. The last few months have been very difficult for small businesses such as Clearline and for our clients. As BC has started its efforts to reopen businesses, we hope the…


2 min read

COVID-19 Update: CEWS and CEBA

The Prime Minister has announced further details regarding the CEWS and CEBA over the past few days.   Canada Emergency Wage Subsidy (“CEWS”)   The CEWS had previously allowed Employers that experienced a 30% decline in revenue for April and May (15% for March) to claim a 75% wage subsidy paid for eligible employees subject…


2 min read

What’s new in 2020? The tax changes you should be aware of

By Bilal Kathrada Originally published by CPABC’s Industry Update.     Cn0ra/iStock/Getty Images Plus   Understandably, 2020 has been a stressful year for everyone thus far. Uncertainty and financial hardships have risen from the COVID-19 pandemic. As part of its ongoing efforts to provide financial relief measures to Canadians, the Federal…


3 min read

COVID-19: Canada Emergency Commercial Rent Assistance

The Federal Government announced the details of the Canada Emergency Commercial Rent Assistance (“CECRA”) earlier today.   The details are as follows: Landlords and property owners will be given forgivable loans equal to 50% of the rent for eligible businesses.   The Government will forgive these loans if: Landlords reduce the monthly rent payable by…


1 min read

COVID-19: Applying for the Canada Emergency Wage Subsidy

The Federal Government provided an update on the Canada Emergency Wage Subsidy (“CEWS”) earlier today.   The CEWS provides a subsidy to Eligible Employers of up to 75% of the remuneration paid (up to a maximum of $847 per week) if they have experienced certain revenue reductions.   Application The Canada Revenue Agency (CRA) will…


2 min read

An Update on 2019 Personal Tax Returns

Team Clearline is busy filing personal tax returns for 2019. Have you submitted your Personal Tax Checklist yet?    2019 deadlines   The government has extended the filing deadline to June 1, so there is no immediate rush to get your taxes filed. However, if you think you have a refund, we can file your…


2 min read