The Minister of Finance, Chrystia Freeland, delivered the 2020 Fiscal Update on Nov. 30th. Highlights of the tax measures announced in the Update are summarized below. The Update did not contain any significant tax changes or increases.   Business Income Tax   CEWS Subsidy Extension The Government will increase the...

    Canada Emergency Rent Subsidy (CERS)   The Federal Government has outlined a new relief program to support tenants and property owners affected by COVID-19 that replaces the Canada Emergency Commercial Rent Assistance program (CECRA). The new rent subsidy, called the Canada Emergency Rent Subsidy (CERS), is proposed...