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On June 25, 2020, the CRA posted a tender notice asking for assistance so that CRA would be able to mine the data of Canadian residents who purchase, sell or transfer U.S. real estate. The goal for CRA is the ability to sort through bulk information including historical records, mortgage transactions, property taxes, real property […]
Read MoreExtra 8 weeks available – CERB extended from 16 weeks to 24 weeks for workers who: stopped working due to COVID-19 or are eligible for Employment Insurance regular or sickness benefits or have exhausted their Employment Insurance regular benefits or Employment Insurance fishing benefits between December 29, 2019 and October 3, 2020. For more information, visit […]
Read MoreThe use of electronic signatures has skyrocketed in the last few years. It is now commonplace in many banking, real estate and legal transactions. As the software has evolved, it has also become much more accessible. Many small organizations can now easily implement and use this secure and efficient function. What is the difference between […]
Read MoreThe COVID-19 pandemic has resulted in unprecedented demands on the Canadian health system, along with strains on our economy and our personal financial situations. The federal government has announced several programs offering targeted support for individuals, businesses and other organizations. These programs have been updated and amended throughout the past two months; here is the […]
Read MoreAs most of the Canadian workforce has now moved to remote work in response to the COVID-19 pandemic, we are increasingly being targeted by fraudsters. This article outlines some of the most common scams we have seen during the current pandemic and suggests steps you can implement to keep your hard-earned dollars safe during these […]
Read MoreAs reported on CBC.ca: “The federal government’s latest projection of how much it will spend on direct support for Canadians to get through the COVID-19 crisis have risen to more than $152.7 billion as of May 28 … Ottawa estimates that overall total — including measures to protect Canadians health and safety and to provide business and tax liquidity support as well […]
Read MoreOver the weekend the Federal government approved an updated version of the Canada Emergency Wage Subsidy Program (“CEWS”). The Government’s intent with this program is to help employers keep and/or return workers to their payroll throughout the COVID-19 pandemic. This is an update to our previous announcements on the program as there has been a […]
Read MoreThe COVID-19 pandemic represents a serious health threat to individuals, and a significant disruption to daily life and the Canadian economy. Some sectors, such as the energy, travel and hospitality, and service industries, are being particularly hard hit. However, it’s important to underscore that while the impact is large, it is expected to be transitory. […]
Read MoreToday Finance Minister Bill Morneau provided some additional details related to the Canada Emergency Wage Subsidy program previously announced by the Government of Canada. These details include: The wage subsidy will be available to all non-publicly funded companies, charities, and not for profits – however only employers who suffer a drop in gross revenues of […]
Read MoreRecent Updates During todays COVID-19 update the Prime Minister provided an announcement on new measures for businesses. These include: The Temporary Wage Subsidy has been increased to 75% from 10% for eligible businesses (details to come from the Federal Government); Up to $40,000 in government guaranteed interest-free loans from the banks will be offered, with […]
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