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Canada Recovery Hiring Program

Canada Recovery Hiring Program

Canada Recovery Hiring Program The Federal Budget 2021 introduced the new Canada Recovery Hiring Program to provide eligible employers with a subsidy of up to 50 per cent on the incremental remuneration paid to eligible employees between June 6, 2021, and November 20,...
Exploring Cryptocurrency Taxation

Exploring Cryptocurrency Taxation

Cryptocurrency Taxation Cryptocurrency taxation occurs because it is a type of alternative currency, such as Bitcoin, but it is not considered money or currency (“legal tender”). It is a digital asset that works as a medium of exchange for goods and services between...
Creditor Proofing Assets | Advice for Owners

Creditor Proofing Assets | Advice for Owners

Advice for Owners Creditor Proofing Assets Every business owner should be concerned about creditor proofing assets. It’s important to understand how owner-managed businesses can protect themselves in times of financial distress. Consider these suggestions:...
Canada Emergency Support Benefits – Update

Canada Emergency Support Benefits – Update

Emergency Support Benefits Canada Emergency Wage Subsidy The CEWS program has been extended for another 16 weeks, ending August 29, 2020. Other regulatory changes were announced including: corporations formed by amalgamation, or where there has been a wind-up of one...
Financial Help for Small Business Owners Due to COVID-19

Financial Help for Small Business Owners Due to COVID-19

Financial Help for Small Business Owners Due to COVID-19 The Canada Emergency Wage Subsidy (CEWS) The CEWS will cover 75% of an employee’s wages – up to $847 per week – for employers of all sizes and across all sectors who have suffered a drop in gross revenues...