2022 Federal Budget Breakdown

With the release of a new Federal Budget, we wanted to drop a highlight reel of the important changes and new mandates as they relate to business owners (with a few interesting additions). Let’s dive right into the 2022 Federal Budget Breakdown:       Increased Threshold for Small Business Capital  The taxable capital threshold…

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New Subsidy Programs Released

New Subsidy Programs Released

Details on the new federal subsidy programs have been released, and will be backdated to become effective from October 24th, 2021 in order to seamlessly replace the CEWS and CERS programs which ended on October 23rd, 2021. What are the New Subsidy Programs? The new subsidy programs to replace the CEWS and CERS programs are: Tourism…

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Alberta Jobs Now Program

The second intake for the Alberta Jobs Now program is now open with updated and expanded eligibility and benefits. What is the Alberta Jobs Now Program? The program allows employers to apply for funding to cover the salary and training costs of new hires. It is the largest job training program in Alberta’s history, and…

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Outdoor Adventure Vaccine Lottery

The Alberta government has created a new lottery to encourage COVID-19 vaccinations, by offering several outdoor adventure prizes.  Prizes include a lifetime hunting licence, a lifetime sport fishing licence, five Alberta Parks camping experiences, ten Canmore Nordic Centre season ski passes and ten Kananaskis’s conservation annual passes. Albertans who are over 18 and who are…

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Update on COVID Subsidies

Update on COVID Subsidies New CEWS upcoming for periods 17 – 22 and CERS for periods 10 – 15 brings a number of changes to the current program. This will bring the subsidy programs up to the period ending November 20, 2021 (Period 22 for CEWS and Period 15 for CERS).   CEWS Changes A…

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Canada Alberta Job Grant

The Alberta Government has recently released a new grant to help with employers and employees with their training programs related to their job. The grant is available to employers/trainees, once all conditions have been met and can cover up to $300,000 per fiscal year for the company OR a maximum of $10,000 per eligible trainee.…

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