Business Updates

Daily COVID-19 Update: April 29, 2020 Supports for Business Additional Municipal Supports Expected to be Released Soon The City of Medicine Hat announced that the municipal relief package is expected to be outlined at the Council meeting on May 4th. Options being considered are both tax deferrals and economic stimulus. Canada Emergency Commercial Rent Assistance…

Daily COVID-19 Update: April 28, 2020 Supports for Business Criteria for Restarting the Economy Since the start of the COVID-19 pandemic, all orders of government have been working together to slow and contain the spread of the virus. As the first wave of the virus’ activity passes, provincial and territorial governments will move at their…

Daily COVID-19 Update: April 27, 2020 Supports for Business Canada Emergency Wage Subsidy: Applications Open The Government of Canada is now accepting applications for the Canada Emergency Wage Subsidy. Applications can be made through your ‘My Business Account’ or ‘Represent a Client’ (for tax preparers) portals. Alternatively, businesses may apply via the CRA website with…

Daily COVID-19 Update: April 24, 2020 Supports for Business Canada Emergency Commercial Rent Assistance Prime Minister, Justin Trudeau, announced that the federal government has reached an agreement in principle with all provinces and territories to implement the Canada Emergency Commercial Rent Assistance (CECRA) for small businesses and the province of Alberta is on board with…

Daily COVID-19 Update: April 23, 2020 Supports for Business Get Ready…The Canada Emergency Wage Subsidy opens Monday The CRA will open the application process for the Canada Emergency Wage Subsidy on April 27, 2020 and claims will be subject to verification by the CRA. The CRA will begin to release funds for approved applications on…

Daily COVID-19 Update: April 22, 2020 Supports for Business Statement on joint WTO efforts for Agriculture and Agri-food Today, Canada and 23 WTO members signed onto a joint statement to reinforce international cooperation on trade in agricultural and agri-food products. To help ensure well-functioning global agriculture and agri-food supply chains in response to this crisis…

Daily COVID-19 Update: April 21, 2020 Supports for Business Canada Emergency Wage Subsidy Calculator Now Available Employers will be able to apply for the Canada Emergency Wage Subsidy starting on Monday, April 27th. To prepare in the meantime, a Canada Emergency Wage Subsidy calculator has been made available online by the federal government. If you…

Daily COVID-19 Update: April 20, 2020 Supports for Business Prime Minister announces support for Indigenous businesses Prime Minister, Justin Trudeau, announced up to $306.8 million in funding to help small and medium-sized Indigenous businesses, and to support Aboriginal Financial Institutions that offer financing to these businesses. The funding will allow for interest-free loans, as well…

Daily COVID-19 Update: April 17, 2020 Supports for Business Federal Government Announces Targeted Industry Supports New federal support to businesses and organizations dealing with the economic impacts of COVID-19 were announced today. The Government of Canada will provide over $1.7 billion for targeted measures, including: $675 million to give financing support to small and medium-sized…

Daily COVID-19 Update: April 16, 2020 Supports for Business Canada Emergency Business Account Expanded Today, the Government of Canada announced that upper and lower payroll limits for the Canada Emergency Business Account (CEBA) have been expanded in order to include more businesses. The new CEBA 2019 payroll limits are a lower limit of $20,000 and…