https://cantrustfinancial.ca/wp-content/uploads/2020/12/Highlights-of-the-2020-Federal-Fall-Economic-Statement@1000px.png 563 1000 Simon Marples https://cantrustfinancial.ca/wp-content/uploads/2019/05/cantrust-logo-05-On-White.png Simon Marples2020-12-07 15:42:082020-12-08 01:15:27Highlights of the 2020 Federal Fall Economic Statement | Additional $20,000 CEBA loan available now
Finance Minister Chrystia Freeland recently provided the government's fall economic update. It included information on the government's strategy for dealing with the COVID-19 pandemic and its plan to help shape the recovery. We've summarized the highlights for you: • Corporate Tax Changes, including extensions to subsidy programs. • Personal Tax Changes, including additional Canada Child Benefit Plan payments and a new "Work from home" tax credit. • Indirect Tax Changes, including the proposal to charge GST/HST on services provided via digital platforms, as well as the temporary removal of GST/HST on face masks and shields. For business owners, as of December 4th, the CEBA loan has been expanded by an additional $20,000.
https://cantrustfinancial.ca/wp-content/uploads/2020/07/CEWS_expanded@2x.png 640 1000 Simon Marples https://cantrustfinancial.ca/wp-content/uploads/2019/05/cantrust-logo-05-On-White.png Simon Marples2020-07-17 16:37:092020-07-18 01:00:26Canada Emergency Wage Subsidy expanded to include more businesses!
On July 17th, Finance Minister Bill Morneau announced proposed changes to the Canada Emergency Wage Subsidy (CEWS) that will expand the number of businesses that qualify for the program.
https://cantrustfinancial.ca/wp-content/uploads/2020/07/CEWS_extended_december@2x.png 640 1000 Simon Marples https://cantrustfinancial.ca/wp-content/uploads/2019/05/cantrust-logo-05-On-White.png Simon Marples2020-07-13 10:05:152020-07-13 18:27:19Canada Emergency Wage Subsidy extended into December!
On July 13th, Prime Minister Justin Trudeau announced the extension of the Canada Emergency Wage Subsidy (CEWS) until December.
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/2018/03/FederalBudget2018-BusinessOwners.png 600 600 Simon Marples https://cantrustfinancial.ca/wp-content/uploads/2019/05/cantrust-logo-05-On-White.png Simon Marples2018-03-04 21:00:002018-03-04 21:11:412018 Federal Budget Highlights for Business
The government’s 2018 federal budget focuses on a number of tax tightening measures for business owners. It introduces a new regime for holding passive investments inside a Canadian Controlled Private Corporation (CCPC). (Previously proposed in July 2017.)