Updated: Recent Government Announcements for Businesses


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With the emergence of COVID-19, undoubtedly you are concerned about keeping your employees and your business safe. Here is information on government relief measures.

Updated May 4, 2020

 

CHANGES TO INCOME TAX FILING AND PAYMENT DEADLINES
Learn about revisions to extended filing and payment deadlines as well as penalty and interest relief being offered by the Canada Revenue Agency in response to the COVID-19 pandemic. Read more

CANADA'S COVID-19 ECONOMIC RESPONSE PLAN
The Government of Canada is taking immediate action to support Canadians and businesses facing hardship as a result of the global COVID-19 outbreak. Resources include support for individuals, businesses and sectors. Read more

THE BUSINESS CREDIT AVAILABILITY PROGRAM (BCAP)
The Government of Canada has introduced the Business Credit Availability Program (BCAP) to help Canadian businesses obtain financing during the current period of significant uncertainty. Read more

PRIME MINISTER ANNOUNCES ADDITIONAL SUPPORT FOR SMALL BUSINESSES
The Prime Minister, Justin Trudeau, announced new measures to support Canadian businesses so they can keep their doors open and their employees on the job. Read the news release

THE CANADA EMERGENCY BUSINESS ACCOUNT (CEBA)
CEBA provides much needed credit for small businesses to pay for immediate operating costs such as payroll, rent, utilities, insurance, property tax, or debt service. It is 100 per cent funded by the Government of Canada. Read more

THE CANADA EMERGENCY WAGE SUBSIDY: WHAT IT MEANS FOR CANADIAN BUSINESSES
This wage subsidy aims to prevent further job losses, encourage employers to re-hire workers previously laid off as a result of COVID-19, and help better position Canadian employers to more easily resume normal operations following the crisis. Find out if your business is eligible for this critical benefit and how to apply. Read more

COVID-19: CHANGES TO CANADIAN TAXES AND BENEFITS
The Canada Revenue Agency website offers important information about the Temporary Wage Subsidy for Employers, the Canada Emergency Response Benefit and other services. Read more

RESOURCES FOR CANADIAN BUSINESSES TO ADDRESS THE CHALLENGE OF COVID-19
Learn what the Government of Canada is doing to support Canadian businesses and employees. Read more