As you have heard, the government has rolled out many subsidies and grants to help businesses endure the COVID-19 pandemic.   We wanted to reach out to you specifically about the Canada Emergency Wage Subsidy (CEWS). This is the subsidy for salaries and wages and it could...

  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...

CEWS Update As a reminder, the federal government has changed the eligibility criteria for the Canada Emergency Wage Subsidy (CEWS) for July through November (Periods 5 to 9). These changes remove the requirement to have a 30% revenue decline to qualify. Now, any eligible employer that...

by Shane Schepens Originally published by CPABC’s Industry Update.   [caption id="attachment_20613" align="alignnone" width="975"] sinseeho/iStock/Getty Images Plus[/caption]   With small businesses and global chains alike being disrupted by COVID-19, the provincial and federal government have announced a host of supports for Canadian businesses. Businesses must be aware that some of...