You can read Part I of our Coronavirus coverage here You can read Part II of our Coronavirus coverage here You can read Part III of our Coronavirus coverage here You can read Part IV of our Coronavirus coverage here Click here for a summary of all cash flow solutions made available by companies or… Read More
Prime Minister Justin Trudeau spoke this morning and unveiled the Canada Emergency Response Benefit (CERB). The CERB will amalgamate the two previously announced benefits: Emergency Support and Emergency Care Benefit. This program is meant to provide an EI-like income for those who don’t normally qualify for EI. Those able to apply for the CERB are… Read More
(Updated April 23 at 9pm) The federal government announced their aid package to assist Canadians during the COVID-19 crisis. Canada.ca has a helpful table of contents for its economic response plan. Below is a list of the various cash flow solutions: Canada Emergency Response Benefit (CERB): The CERB will provide $2,000 a month for… Read More
This week, the CRA officially moved the tax filing deadline for individuals from April 30 to June 1. The deadline for self-employed workers has not changed and remains June 15. For both individuals and self-employed workers who have a balance owing after filing their return, the payment deadline has been moved from April 30 to… Read More
Justin Trudeau and Bill Morneau addressed the country separately on Wednesday morning to provide details of an $82B aid package to Canadians. The $82B is broken down as $27B in direct support (1% of GDP) and $55B through tax deferrals (3% of GDP). The package is positioned as a Phase 1 announcement, with promises of… Read More