by Financial Tech Tools | May 24, 2020 | 2020 Only, Blog, Business Owners, Coronavirus, Coronavirus - Practice Owners, corporate
Lower rent by 75% for small businesses that have been affected by COVID-19The Application portal for the Canada Emergency Commercial Rent Assistance (CECRA) opens at 8:00am EST on May 25th. The description from the CMHC website: “Canada Emergency Commercial Rent...
by Financial Tech Tools | May 19, 2020 | 2020 Only, Blog, Business Owners, Coronavirus, Coronavirus - Practice Owners
“If you are the sole owner-operator of a business, if your business relies on contractors, or if you have a family-owned business and you pay employees through dividends, you will now qualify.” – PM Justin TrudeauEligibilityThe Prime Minister...
by Financial Tech Tools | May 13, 2020 | 2020 Only, Blog, Coronavirus, Coronavirus - Retired, Coronavirus - Students, retirement
Students can apply for $1,250 through the Canada Emergency Student Benefit starting FridayFrom canada.ca: “The Canada Emergency Student Benefit (CESB) provides financial support to post-secondary students, and recent post-secondary and high school...
by Financial Tech Tools | May 8, 2020 | 2020 Only, Blog, Business Owners, Coronavirus, Coronavirus - Practice Owners
On May 8th, Prime Minister Justin Trudeau announced that they will extend the Canada Emergency Wage Subsidy (CEWS) beyond June. This measure gives qualifying employers up to $847 per employee each week so they can keep people on the payroll. EligibilityTo be eligible...
by Financial Tech Tools | Apr 24, 2020 | 2020 Only, Blog, Coronavirus, Coronavirus - Practice Owners
On April 24th, the Federal Government in partnership with the provinces and territories unveiled the Canada Emergency Commercial Rent Assistance which provides rent relief to businesses.”I can announce that we’ve reached agreements with all provinces and...