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COVID-19 UPDATES | April 16, 2020

GOVERNMENT AID The Government of Canada has revised the eligibility criteria for its Emergency Wage Subsidy program. Companies that had minimum losses in revenue 15% for the month of March and then at least 30% for the following months will…

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COVID-19 UPDATES | April 1st, 2020

GOVERNMENT ASSISTANCE PROGRAMS On March 27, the Federal government announced wage subsidies to support small businesses. As mentioned during the press briefing, eligible businesses will be entitled to a maximum rate of 75% in wage subsidy. This grant is for…

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COVID-19 UPDATE: Federal payroll subsidy

Frequently Asked Questions – Temporary Wage Subsidy for Employers ** On March 27, 2020, the federal government announced that the subsidy will now cover 75% of the salaries. More details will be announced before the end of the month. ** 1.…

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COVID-19 UPDATE: Extension of certain tax deadlines

To simplify the lives of individuals and businesses affected by the exceptional situation stemming from COVID-19, the government has applied flexibility measures for individuals and businesses in Canada during income tax filing season.   FOR INDIVIDUALS CANADA New deadline to…

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COVID-19 UPDATE: Temporary Worker Aid Program

The government of Québec announced financial assistance for self-isolating workers. This program is intended for people who: have the virus; present symptoms of the virus; were in contact with a person infected by the virus; are returning from abroad. AND who…

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GOVERNEMENTAL ASSISTANCE PROGRAM On March 24, the federal government announced emergency benefit payments of $2,000 per month for a period of four months for people that qualify for this program. Indeed, this new measure is intended for unemployed workers due…

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COVID-19 UPDATES | March 24, 2020

COVID-19 On March 18, 2020, the Federal government announced its Economic Response Plan in response to the COVID-19 pandemic. A total of $27 Billion has been allocated to Canadian businesses and their workers to provide help. Here are some highlights:…

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