Commercial Rent Relief is on the way
Are you a commercial tenant struggling to meet monthly rent due to the business slowdown or shutdown?
Are you a commercial property owner with struggling tenants?
The relief is on its way. The Canada Emergency Commercial Rent Assistance Program is a forgivable loan provided to the commercial...
Emergency Wage Subsidy: 3 Pitfalls You Need to Know
As you may know, Canada Emergency Wage Subsidy that provides 75% of the payroll, opened its doors on Monday, April 27, 2020. After filing the first few applications for our clients, I wanted to warn you about 3 major pitfalls we bumped into.
1. Choosing incorrect baseline sales to determine...
Emergency Wage Subsidy Intake Starts on April 27
Canada Emergency Wage Subsidy that provides 75% of the payroll will open its doors on Monday, April 27, 2020. Key features and eligibility criteria:
a subsidy of 75% of employee wages for up to 12 weeks
a maximum of $847 per eligible employee per week
retroactive from March 15, 2020, to June...
Do you qualify for Emergency Interest-Free Loan?
This week the Federally funded Canada Emergency Business Account (CEBA) interest-free loan started accepting applications. Key features and eligibility criteria:
interest-free loans of up to $40,000.
loan forgiveness of 25 percent (up to $10,000) if the balance is repaid by December 31,...
Do you qualify for Canada Emergency Wage Subsidy?
This week the Federal government announced the details of the Canada Emergency Wage Subsidy.
The key eligible criteria is you revenue in March, April and May 2020 compared to the same months of 2019. If the revenue dropped by 30% or more due to COVID crisis and its economic consequences, your...
Introducing Anti-Crisis Funding Solution
First of all, I hope you and your loved ones are safe and doing well. If we spoke last week, we will get back to you today or tomorrow.
Secondly, we continue to closely watch the announcements of the response measures at all levels of governments to help businesses survive the tough time. This...
Survive Recession with these Government Funding Programs
Just like you, I am deeply concerned with the impact of the global pandemics on our economy and your business. I see the businesses being disrupted and closing their operations until further notice.
We are closely watching the announcements of the response measures at all levels of governments...
Canadian Manufacturers and Exporters (CME) Technology Assessments Program
Amount: 100% of eligible costs up to a maximum of $25,000
...
Advanced Manufacturing Supercluster Funding Deadline and Project Application Workshop Invitation
We have some exiting announcements for you. If you have been waiting to apply for the Advanced Manufacturing Supercluster Funding (Capacity Building Projects) now is the right time to do it. The deadline for the first round is April 15, 2020.
NGen will invest up to $12 million of Supercluster...
