https://cantrustfinancial.ca/wp-content/uploads/2020/09/CEBA_extended_to_Oct_31_and_expanded@2x.png 640 1000 Simon Marples https://cantrustfinancial.ca/wp-content/uploads/2019/05/cantrust-logo-05-On-White.png Simon Marples2020-09-01 16:44:542020-09-02 01:03:09CEBA extended to October 31st. Expanded to include more businesses.
On August 31st, Deputy Prime Minister and Minister of Finance Chrystia Freeland announced the extension of the Canada Emergency Business Account (CEBA) to October 31st, 2020. This will give small businesses 2 additional months to apply for the $40,000 loan. In addition, the Federal Government said it was working with financial institutions to make the CEBA program available to those with qualifying payroll or non-deferrable expenses that have so far been unable to apply due to not operating from a business banking account.
https://cantrustfinancial.ca/wp-content/uploads/2020/08/Details_expanded_CEWS-500px.png 320 500 Simon Marples https://cantrustfinancial.ca/wp-content/uploads/2019/05/cantrust-logo-05-On-White.png Simon Marples2020-08-12 15:46:592020-08-13 00:03:17Details of the EXPANDED Canada Emergency Wage Subsidy
On August 11th, the Government of Canada updated the calculator and Canada.ca with the changes to the Canada Emergency Wage Subsidy (CEWS). If you're a business owner who has suffered losses as a result of COVID-19 and did NOT qualify previously for CEWS, you may now qualify.
https://cantrustfinancial.ca/wp-content/uploads/2020/06/CERB_extended_CEBA_expanded@2x.png 640 1000 Simon Marples https://cantrustfinancial.ca/wp-content/uploads/2019/05/cantrust-logo-05-On-White.png Simon Marples2020-06-17 11:51:162020-06-17 20:27:20CERB Extended | Business Owners who did not qualify previously - expanded CEBA starts June 19th
Great news for Canadians out of work and looking for work. The CERB will be extended another 8 weeks for a total of up to 24 weeks. The expanded CEBA will begin June 19th.
https://cantrustfinancial.ca/wp-content/uploads/2020/05/CECRA-May25.png 640 1000 Simon Marples https://cantrustfinancial.ca/wp-content/uploads/2019/05/cantrust-logo-05-On-White.png Simon Marples2020-05-24 13:43:532020-05-24 22:03:07Small Businesses! Applications for Canada Emergency Commercial Rent Assistance starts May 25th
The Application portal for the Canada Emergency Commercial Rent Assistance (CECRA) opens at 8:00am EST on May 25th
https://cantrustfinancial.ca/wp-content/uploads/2020/05/CEBA_expanded.png 640 1000 Simon Marples https://cantrustfinancial.ca/wp-content/uploads/2019/05/cantrust-logo-05-On-White.png Simon Marples2020-05-19 13:44:182020-05-19 22:03:13Expanded eligibility for CEBA $40,000 interest-free loan
The Prime Minister outlined the expanded eligibility for the Canada Emergency Business Account and highlighted companies such as hair salon owners, independent gym owners with contracted trainers and local physio businesses will now be eligible. "If you are the sole owner-operator of a business, if your business relies on contractors, or if you have a family-owned business and you pay employees through dividends, you will now qualify." - PM Justin Trudeau
https://cantrustfinancial.ca/wp-content/uploads/2020/05/CESB_Starts_Friday@2x.png 640 1000 Simon Marples https://cantrustfinancial.ca/wp-content/uploads/2019/05/cantrust-logo-05-On-White.png Simon Marples2020-05-13 13:51:172020-05-13 22:15:11Apply starting Friday for Canada Emergency Student Benefit! Help on the way for seniors.
The Canada Emergency Student Benefit (CESB) provides financial support to post-secondary students, and recent post-secondary and high school graduates who are unable to find work due to COVID-19.