You have made up your mind to take the plunge into entrepreneurship, but this is just the beginning. One of the first decisions that you need to make is the choice of the structure of your new business venture.
The Canadian government has eased the requirements in order to qualify for this loan. The previously required payroll limits have been removed.
COVID-19 Commercial Rent Relief Prime Minister Justin Trudeau has proposed rent relief to cover 75% of April 2020, May 2020 and June 2020 rent for affected small businesses.
The New Canadian Individual Income Tax Deadlines - Due to the Covid-19 pandemic, the Canada Revenue Agency (CRA) has announced new filing and payment deadlines for the 2019 individual personal income tax returns.
The 75% Wage Subsidy The 75% Wage Subsidy details were announced today by Finance Minister Bill Morneau. Unfortunately this program is at least 3 to 6 weeks from being operational from today's date.
Wage Subsidy Offered to Employers Initially this wage subsidy was 10%. It offered the following relief.
Canadian Emergency Response Benefit (CERB)
The Canadian Emergency Response Benefit (CERB) was created as a result of the economic impact of Covid-19 on Canadians.
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