The federal government announced additional support for small businesses unable to access existing support measures, such as the CEBA. This additional support is being offered through the Regional Relief and Recovery Fund (RRRF) The RRRF criteria is based on the amount of funding being requested by the business. The intent of the RRRF is to…
On April 24th, the Prime Minister announced further details about the Canada Emergency Commercial Rent Assistance (CECRA) program. This program is designed to reduce small business rent costs by up to 75% and support property owners in covering these costs. The new program is expected to: Provide forgivable loans to qualifying commercial property owners to…
The federal government has announced that applications for the CEWS (75% wage subsidy) opens April 27. This is great news for small businesses in Canada. HGA Recommends Eligibility for the CEWS was discussed in our previous blog post here. We have also provided guidance on how to use Quickbooks Online to pull reports to determine your…
Today, the Prime Minister announced additional support for small businesses facing economic hardship and uncertainty during the COVID-19 pandemic. CEBA Eligibility Expansion The Canada Emergency Business Account (CEBA) has been expanded to include businesses that paid between $20,000 and $1.5 million in total payroll in 2019. This new range will replace the previous one of between $50,000 and $1…
Today, the federal government announced expanded access to the Canada Emergency Response Benefit and support for essential workers. The government will be changing the eligibility rules to: Allow people to earn up to $1,000 per month while also collecting the CERB; Extend the CERB to seasonal workers who have exhausted their EI regular benefits and are unable to undertake their…
The Government of Alberta recently announced temporary changes to employment standards in response to the economic disruption of COVID-19. Some highlights include: Creating a job-protected leave for employees caring for children affected by school and daycare closures or ill or self-isolated family members due to COVID-19 Removing the 24-hour written notice requirement for shift changes Removing the…
Having access to your online CRA account and setting up direct deposit isrequired to access and receive many of the Covid 19 support programs. HGA Recommends: Setting up a CRA online account can take up to several weeks, so we recommend enrolling for online access and setting up direct deposit immediately. CRA My Business Account To register…
As your trusted advisor, HGA has simplified as much as possible the 2 wage subsidies that have been announced by the government. HGA Recommends: Take advantage of the 10% wage subsidy immediately. Doing so will not impact your eligibility to use the below noted 75% wage subsidy. Eligibility: There is NO APPLICATION NECESSARY to use the 10%…
Applications for the CERB are now open, via your online CRA My Account, Service Canada or over the phone. To access the CERB application, you can click here. The Government of Canada has posted some FAQs on the CERB, which align with some of the most common questions HGA has been receiving. Here are some highlights, which answer many questions we…
Many workers, including those who are self-employed or contractors, are not eligible for EI. On April 6, these workers can apply for the Canada Emergency Response Benefit (CERB) via their CRA online account or Service Canada. Prior to April 6, individuals who are without work and eligible for EI should continue to apply for EI. …