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COVID-19 Federal Benefits and Supports – Canada Emergency Wage Subsidy Update

November 19, 2020 By Nizam Shajani, CPA, CA, MBA This subsidy is available to Canadian businesses, big or small, individuals, partnerships and corporations that are not publicly funded. This will also be available for not for profit organizations and charities. Those organizations that do not qualify for the Canada Emergency Wage Subsidy may continue to…

Temporary Wage Subsidy for Employers – Updated from March 21st

March 21, 2020 By Nizam Shajani, CPA, CA, MBA On March 18th the federal government announced temporary wage subsidies for employers. The temporary wage subsidy for employers is a three-month measure that will allow eligible employers to reduce the amount of payroll deductions required to be remitted to the Canada Revenue Agency (CRA). Who qualifies?…