Grants for Blog Post

[Webinar Invitation] Transform your Manufacturing Company with ERP Software and Technology Funding

We have another exciting webinar coming up: Transform your Manufacturing Company with ERP Software and Technology Funding”.

In this webinar, Jonathan Gross (Pemeco Consulting’s Managing Director) and Igor Chigrin (Principal – Fair Grant Writing) will outline technologies and strategies to position manufacturers for digital transformation and Industry 4.0 and the government grant funding available for these projects.

Jon will also outline a step-by-step methodology, proven over 40 years, across 700 major ERP implementation projects, and 140 different technology solutions.

You will learn best-practices to:
1. Design your future state
2. Map business processes
3. Develop a technology adoption and implementation roadmap
4. Select the right fitting ERP and other technologies
5. Model 10-year total cost of ownership and return-on-investment
6. Identify grant funding sources
7. Develop grant funding and application strategies

Date and Time:

Dec 3, 2020 at 1:00 PM EST

Seminar Speakers:

  • Jonathon Gross – Managing Director, Pemeco Consulting
  • Igor Chigrin – Business Funding Expert, Fair Grant Writing

CLICK HERE TO RSVP NOW

90% Off Your Rent. Do You Qualify?

This week the Federal government published the guidelines of the the new Canada Emergency Rent Subsidy (CERS).

Unlike its predecessor, this program no longer requires landlords to apply. Now, if you rent a commercial or industrial space, or pay an interest on commercial mortgage your business is eligible assuming that you had revenue drop in or after October 2020 compared to October 2019 or the average of January and February 2019.

If your business was forced to shut down or reduce its operations after September 27, 2020, following provincial, regional or municipal regulations, it qualifies for an additional Lockdown Support.

Eligible costs include:

  • Commercial rent (excluding HST)
  • Property taxes
  • Property insurance
  • Interest on commercial mortgages (less any subleasing revenues).

The Canada Emergency Rent Subsidy (CERS) will pay up to 65% of eligible costs (depending on the % of your revenue drop) and up to additional 25% if your business was forced to shut down or reduce its operations.

The application intake will start soon on Canada Revenue Agency website.

Do you qualify for Canada Emergency Rent Subsidy or other emergency government funding programs?

Fill out Eligibility Check form to find out.

CHECK ELIGIBILITY

Webinar: Advancing Food Safety Systems through Canadian Government Funding Opportunities

You can watch the webinar recording here: https://zoom.us/advancing_food_safety_systems

The information is valid as of November 3, 2020.

[Webinar Invitation] Industry 4.0 and Government Funding

Fair Grant Writing and Memex Inc. are pleased to invite you to join us at the upcoming webinar: “Industry 4.0 and Government Funding – Increase your Manufacturing Efficiency with IIoT supported by Government Funding”.

This webinar will focus on how to run an IIoT, Industry 4.0 project for manufacturers, and the government funding available. It will show cost-effective IIoT tools available today, and the business case which is often a 10% to 50% improvement in operations. The Government has made funding opportunities available to encourage Canadian manufacturers to become more competitive and this webinar will highlight the various programs available today.

Date and Time:

Nov 26, 2020 at 01:00 PM EST

Seminar Speakers:

  • John Rattray – Senior Executive, Memex Inc.
  • Igor Chigrin – Business Funding Expert, Fair Grant Writing

Big Changes to CanExport Program

Just like all organizations, the government adapts its programs to suit the new reality of the pandemic.

Initially, CanExport program was designed to support export marketing costs of the Canadian small-to-medium-sized businesses. The program was primarily used to subsidize exhibiting at the international trade shows, international travel and marketing.

Now that the international travel and trade shows are no longer available, the government revised CanExport program guidelines to expand the list of eligible costs. Now a Canadian company pursuing international markets can apply for assistance to:

  • Gather market intelligence (custom research, reports and studies)
  • Apply for intellectual property protection in international markets
  • Apply for certification in international markets
  • Seek expert legal and business advice
  • Search Engine Optimization
  • Translating, adapting or creating marketing materials
  • Attending virtual trade shows, networking functions, meetings or conferences

And the most recent changes announced on November 4th :

  • Export brokers in the agriculture and agri-food sector may be eligible to the program, provided they meet Canadian content requirements.
  • The maximum funding for online advertising activities has been increased to $50K per project. The program is now allowing online advertising on social media platforms, online marketplaces and search engines.
  • Expert advice for digital and e-commerce marketing is now eligible.

In the next few days the government will clarify the definition of the Canadian content and a few other recent changes.

Do you qualify for CanExport or other government funding programs?

Fill out Eligibility Check form at http://www.fgwinc.ca/eligibility to find out.

Rent Subsidy Program is Coming

We are very glad to share that after the months of criticism, the Federal government announced a new Canada Emergency Rent Subsidy program to help businesses through pandemic. The program is still in the works and will start accepting applications in the very near future.

However, we would like to share some of its highlights to make sure you will be ready to apply for it when the intake opens.

Canada Emergency Rent Subsidy will be available to both tenants and property owners until June 2021. The new rent subsidy would support businesses, charities, and non-profits that have suffered a revenue drop, by subsidizing up to 65% of their rent and other eligible expenses until December 19, 2020. The applicants would be able to make claims retroactively for the period that began September 27 and ends October 24, 2020.

Don’t know where to start and how to prepare an application or have questions about other government funding programs?

Fill out Eligibility Check form at http://www.fgwinc.ca/eligibility to find out.

CHECK ELIGIBILITY

Is your CEWS application right?

As you may have heard, the Canada Emergency Wage Subsidy (CEWS) was extended through the summer of 2021.

We understand that you may have applied for the subsidy yourself or had a third party to do so. Was the calculation completed accurately? Have you maximized your benefits? Have you applied for all eligible periods?

To get you a piece of mind, we are introducing a new service – CEWS Audit. We will:

  1. Validate your eligibility for CEWS.
  2. Check the accuracy of calculations and claims.
  3. Ensure the paperwork is in order in case of a future audit.
  4. Adjust applications if we can maximize the subsidy for you.

Are you ready to get a piece of mind and a qualified second opinion?
If so, reply to this email and we will discuss the next steps with you.

I AM INTERESTED IN CEWS APPLICATION AUDIT

Webinar: Advancing Food Safety Systems through Canadian Government Funding Opportunities

Fair Grant Writing and SFPM Consulting are pleased to invite you to join us at the upcoming webinar: “Advancing Food Safety Systems through Canadian Government Funding Opportunities”.

At the webinar you will learn:

  • How food safety systems can help your food business
  • Investment and process improvements
  • Transitioning from HACCP to GFSI
  • Grants for food safety planning and investment

Date and Time:

November 3, 2020, starting at 2:00pm EST (11:00 am PST)

Seminar Speakers:

  • Felicia Loo CFS – Food Consultant
  • Igor Chigrin- Business Funding Expert

CLICK HERE TO RSVP NOW

Northern Ontario Funding Updates

We have some funding updates regarding the government grants available in Northern Ontario.

At this time, Northern Ontario Heritage Fund’s program is Temporarily Unavailable.

However, there is also great news for Northern Ontario businesses. The newly launched Northern Ontario Recovery Program, will support the adaptation of business operations and practices to meet public health guidelines for operations under re-opening stages, and support employee and consumer safety.

The program offers funding in the form of a conditional contribution and will not exceed $25,000.

Eligible companies will be considered Northern Ontario businesses, with at least one year of operations as of March 17, 2020 and impacted by the Province of Ontario Emergency Order that closed all non-essential businesses on March 24, 2020.

The intake will run from October 1 to December 31, 2020, so don’t wait until the end of the year. Start working on the Northern Ontario Recovery Program now.

Does your business qualify for the above and other government funding programs? Fill out Eligibility Check form at http://www.fgwinc.ca/eligibility to find out.

What’s in a Throne Speech for You?

Yesterday in his Throne Speech the Prime Minister announced the extension of the Canada Emergency Wage Subsidy (CEWS) through the summer of 2021. The program reimburses up to 75% of the salaries if your sales are down due to pandemic. This extension is important because it provides the funding option to those businesses that are not impacted by the pandemic yet, but may be impacted in months to come.

However, before the extension becomes a law it has to be passed by the Parliament. And last night the opposition leaders clearly demonstrated that it won’t be an easy vote. So be patient and stay tuned to our updates.

If you missed the speech and curious what else is there, check out this link.

Does your business qualify for the above and other government funding programs? Fill out Eligibility Check form at http://www.fgwinc.ca/eligibility to find out.

CHECK ELIGIBILITY

Support programs for businesses extended

We know that September is a busy month for all of us. That’s why we would like to make sure that you stay informed and know about all the extended business funding programs that you can still apply for.

First exiting news, is that the federal government announced the extension of two pandemic support programs for businesses:

  • Canada Emergency Business Account (CEBA) is extended to October 31. The program provides interest-free loans of up to $40,000 to small businesses and not-for-profits.
  • Business Credit Availability Program (BCAP) is extended to June 2021. Through BCAP, Export Development Canada and the Business Development Bank are working with financial lenders to support access to capital for Canadian businesses of all sizes in all sectors.

Secondly, we would like to remind you about the following financial support initiatives and resources:

  • Ontario-Canada Emergency Commercial Rent Assistance Program;
  • Canada Emergency Wage Subsidy (CEWS) program;
  • Canada Emergency Business Account (CEBA) program;
  • Support for Indigenous Businesses;
  • Business Credit Availability Program (BCAP);
  • Regional Relief and Recovery Fund (RRRF).

Does your business qualify for the above and other government funding programs? Fill out Eligibility Check form at http://www.fgwinc.ca/eligibility to find out.

CHECK ELIGIBILITY

Don’t miss applying for these two funds while kids are at school

I am excited my two boys went back from school this morning after a 6-month break. I hope your kids or grandkids safely returned to schools too. Now that you, hopefully, have more time available, I wanted to highlight two government funding programs you don’t want to miss this month

1. Yves Landry Foundation AIME@Home Program

AIME@Home program provides 50% of the skills training cost, including trainer fees and salaries of your employees during training. Eligible companies must be the manufacturers located in Southern Ontario and employing 10-1000 full-time employees.Typically our clients get approved for training employees in software (e.g. ERP) and equipment operation skills and learning lean techniques (6 Sigma, TPM, Kaizen, etc.). In general, the AIME@Home program supports skills training to support innovation.Although there is no deadline, the program already approved over $1.5 million in contributions since July. You don’t want to wait until the program runs out of funds and must apply now.

2. Ontario Automotive Modernization Program

If you, your clients, partners or suppliers are in the automotive industry in Ontario, the provincial government re-opened the Ontario Automotive Modernization Program (O-AMP). The program provides 50% of the project cost up to a maximum of $100,000 to the small-to-medium-sized automotive industry players.

The funding can be spent on:

  • Purchasing or upgrading softwarePurchasing or upgrading hardware (except robots and production equipment)
  • Taking Lean Manufacturing training and consulting.

The intake closes on October 7, 2020, so don’t wait until the end of the summer. Start working on the application for the O-AMP now.

Does your business qualify for the above and other government funding programs?

Fill out Eligibility Check form at http://www.fgwinc.ca/eligibility to find out.

CHECK ELIGIBILITY

CEWS Program: Don’t Try It At Home!

The Federal government extended the Canada Emergency Wage Subsidy program until December with some changes, as you may have heard in the news. So last week I opened the guideline to study the new rules, and oh my God, what I found! Over the past seven years in this business, I’ve seen a lot, but it’s the first time I see such advanced math involved in what should have been a simple subsidy calculation.However, the magic behind the math is that you may qualify even if your sales this summer exceed those in the reference period. Don’t ask me how it is possible. Just contact us asap, and we will check your eligibility at no cost.The Feds want you to use the program, so why wait? Contact us now to discuss your eligibility for this and other programs.

CHECK ELIGIBILITY

This automotive industry fund is renewed!

If you, your clients, partners or suppliers are in the automotive industry in Ontario, I have some good news. The provincial government just announced the re-opening of the popular Ontario Automotive Modernization Program (O-AMP).The program provides 50% of the project cost up to a maximum of $100,000 to the small-to-medium-sized automotive industry players. The funding can be spent on:Purchasing or upgrading software. Purchasing or upgrading hardware (except robots and production equipment)Taking Lean Manufacturing training and consulting. The intake closes on October 7, 2020, so don’t wait until the end of the summer. Start working on the application for the O-AMP now. Does your business qualify for the above and other government funding programs? Fill out Eligibility Check form at http://www.fgwinc.ca/eligibility to find out.

CHECK ELIGIBILITY

Why You Should Consider Government Loans?

Many clients ask us why they should consider applying for government loans. They initially express a lack of enthusiasm because they have to pay the loans back and would rather deal with their banks. Here is what you should know about the government loans to make an informed application decision.
1. No Interest. All government loans are interest-free. So you immediately save on interest.
2. No Collateral. In case if something goes wrong, the government won’t come after your home.
3. Grace Period. Many government loan programs allow flexible grace periods, i.e. you don’t start repayment until 12 months after your project is completed.
4. Large Caps. Most of the non-repayable grants are capped to $100,000. There are government loan programs that pay over $10 million.
5. High Stacking Limits. You can combine the government loans with the grants and tax credits, up to a maximum of 75% of the project cost.
6. Repay Commercial Loan Sooner. The government provides loans on a quarterly or annual basis. You can pay back 35%-50% of the commercial loan amount with the government loan, and save on interest and repay the commercial loan sooner at the same time.
Does your business qualify for the above and other government funding programs? Fill out Eligibility Check form at http://www.fgwinc.ca/eligibility to find out.

CHECK ELIGIBILITY

Yves Landry Funding for Training is Back

We are happy to let you know that the popular skills training funding program managed by Yves Landry Foundation is back and open for applications. Given the realities of the business during the pandemic, the program not only changed its name to AIME@Home. We noticed the following changes.

  1. Online and remote training is now eligible.
  2. Eligible companies must not necessarily be involved in international trade. Those involved in interprovincial trade are now eligible. So are the companies that need to retool or upgrade their systems and equipment to respond to the challenges of the pandemic.
  3. The main application must be submitted within 10 days following the approval of the preliminary application.
  4. The applicants that received this funding in the past 24 months can apply again and no longer have to wait.

Other than that, the AIME@Home program is still the same. It provides 50% of the skills training cost, including trainer fees and salaries of your employees during training.

Eligible companies must be the manufacturers located in Southern Ontario and employing 10-1000 full-time employees.

Typically our clients get approved for training employees in software (e.g. ERP) and equipment operation skills and learning lean techniques (6 Sigma, TPM, Kaizen, etc.). In general, the AIME@Home program supports skills training to support innovation.

Does your business qualify for the above and other government funding programs? Fill out Eligibility Check form at http://www.fgwinc.ca/eligibility to find out.

Is your business adversely impacted by the economic crisis caused by the pandemic? Check out Canadian government anti-crisis incentives.
Please stay at home if you can. We will get through this together. Our team is fully available.

Emergency Wages Subsidy Extended

Ottawa is not going to stop the printing press anytime soon. Late last week the Minister of Finance announced that the Emergency Wage Subsidy program has been extended until December 19, 2020.

Furthermore, the government removes 30% reduction in revenue rule. It means that if, for example, your business had any reduction in revenue in July 2020 compared to July 2019 or the average of January and February 2020, you qualify for the emergency wage subsidy.

If your businesses had over 50% in revenue reduction, you’ll get up to 25% in a top-up subsidy in July and August 2020.

Is your business adversely impacted by the economic crisis caused by the pandemic? Check out Canadian government anti-crisis incentives.

ANTI-CRISIS INCENTIVES

Please stay at home if you can. We will get through this together. Our team is fully available.
Does your business qualify for the other government funding programs? Fill out Eligibility Check form at http://www.fgwinc.ca/eligibility to find out.

CHECK ELIGIBILITY

[crmperks-forms id=1]

[Webinar Recording] Money for Manufacturers – 2020

Thank you to all who attended a Live Stream of Money for Manufacturers – 2020 Webinar last week!

And we have some great news for those of you who couldn’t make it!

You still have a chance to learn how to get your share of $32 billion worth of incentives available to Canadian manufacturers. To watch a recording of the webinar, simply register here https://canada.syspro.com/money-for-manufacturers-2020.

Otherwise, you can read the summary in the Canadian Manufacturing Magazine – https://www.canadianmanufacturing.com/features/how-manufacturers-can-receive-funding-from-the-government/. Don’t forget to share this article in your social media if you find its content worth sharing.

The webinar was organized and supported by Syspro Canada.

Does your business qualify for government funding? Check eligibility at http://fairgrantwriting.ca/eligibility.

Canada Emergency Funding Updates

Happy coming Canada Day! I hope you have some plans to enjoy it even though it is in the middle of the week.

I wanted to take this opportunity to update you on some of the emergency funding programs.

Canada Emergency Wage Subsidy (CEWS)

The program has been extended for three more months until August 29, 2020. To qualify for the next subsidy period (June 7 to July 4, 2020), your business must demonstrate a revenue reduction of at least 30% in June 2020 compared to June 2019 or the average of January and February 2020. Eligibility criteria for future periods will be clarified later. The program will still provide 75% of the monthly payroll to qualified companies up to a maximum of $847 per week per employee.

Canada Emergency Business Account (CEBA)

Eligibility criteria to get this $40,000 interest-free loan have been changed. To qualify for the loan, your payroll expenses in 2019 must be at least $20,000. 25% of the loan amount is still forgivable as long as you meet all criteria and use the loan to pay for non-deferrable expenses.

Regional Opportunities Investment Tax Credit (ROITC)

This 10% refundable Corporate Income Tax credit was introduced to provide tax relief to businesses that build, renovate or purchase eligible commercial and industrial buildings in regions of the province where employment growth has been significantly lagging the provincial average.

Does your business qualify for the above and other government funding programs? Fill out Eligibility Check form at http://www.fgwinc.ca/eligibility to find out.

 
 
Is your business adversely impacted by the economic crisis caused by the pandemic? Check out Canadian government anti-crisis incentives.
 
 
Please stay at home if you can. We will get through this together. Our team is fully available.

Government Funding for Online Advertising Clarified

In the blog post from a couple of weeks ago, we mentioned that the government funding is now available for online advertising with CanExport Program. Since then, we received many questions about it and wanted to share the answers on the most important ones.

1. What are the examples of eligible online advertising costs?

Paid advertising in search engines (Google, Yahoo, Bing, etc.), paid advertising in social media (Facebook, LinkedIn, Instagram, YouTube, etc.), paid advertising in blogs (e.g. product reviews and endorsements by celebrities).

2. What is the maximum amount of government funding for online advertising costs?

75% of your expenses up to a maximum of $20,000

3. Can I use CanExport program to pay for online advertising in Canada?

No. The purpose of CanExport program is to help Canadian businesses expand into new export markets. Marketing and advertising expenses to grow the business in Canada are not eligible.

4. What is the definition of the “new export market”?

An export market is considered new if, during the company’s last complete tax reporting year, sales figures for that particular market were:

  • Less than $100,000 or
  • Less than 10% of the company’s total sales (domestic and international sales)

Please note that the US is broken down into 4 regional sub-markets. It means that if you already sell on the East Coast, you are eligible to market your products to the customer on the West Coast.

5. We need to produce, adapt or translate my marketing materials to advertise online to the foreign audience. Do we qualify?

Yes, the government provides 75% of such expenses up to a maximum of $75,000.

Does your business qualify for the above and other government funding programs? Fill out Eligibility Check form at http://www.fgwinc.ca/eligibility to find out.

CHECK ELIGIBILITY

Is your business adversely impacted by the economic crisis caused by the pandemic? Check out Canadian government anti-crisis incentives.
Please stay at home if you can. We will get through this together. Our team is fully available.

Industry 4.0 Funding is here

A crucial part of a post-COVID economic recovery in manufacturing is improving productivity and re-shoring through the adoption of Industry 4.0 solutions. But which Industry 4.0 solution is right for you? Now that the government provides 100% reimbursement of Industry 4.0 assessment cost, you can get the answer free of charge.

Technology Assessment Program run by the Canadian Manufacturers & Exporters (CME) reimburses 100% of Industry 4.0 assessment cost up to a maximum of $25,000. You must be a manufacturer located in Ontario and have at least 15 employees at the time of the application.

The assessment must be conducted by one of the qualified providers listed on the program’s website. For example, our friends at Memex are such providers.

You can use these funds toward a pilot (proof of concept) to install Industry 4.0, IIoT software on your machines and assess the benefit to your business. With Data-Driven Manufacturing, there is often a 10% to 50% improvement in efficiency driving profits and competitive edge. This is what the federal government wants for Ontario manufacturers, so much so, they will fund it.

If you are considering getting into real-time machine monitoring, take the following steps.

  1. Fill out your contact details to pre-qualify here https://cme-mec.ca/technology-assessment-pre-qualify-now. It will take 2 minutes.
  2. You will be sent an intake form to determine eligibility.
  3. When filling out that form, ensure you specify Memex as the Qualified Service Provider (QSP), use QSP number QSP2020012.
  4. CME accepts you to the program.
  5. Memex provides you with a quotation, including a budget for the assessment project.
  6. You send in the Memex proposal to CME, attach to your application.
  7. CME accepts your application within 10 business days and gives the authorization to proceed.
  8. Memex performs the assessment and delivers a final report within 90 days.
  9. You submit a Claim Form within 30 days after completing the project to get a reimbursement of 100% of the assessment cost.

If you have any questions about Memex solutions, contact John RattrayJohn.Rattray@MemexOEE.com, or call him (416) 460-7637.

Does your business qualify for the above and other government funding programs? Fill out Eligibility Check form at http://www.fgwinc.ca/eligibility to find out.

Which Funding Programs Are Still Available?

We’ve all been living in the crisis mode for about three consecutive months. It is now time to accept the reality as a new normal and get back to the plans we had for our businesses before the pandemic.

The good news is that most government funding programs to support your business growth and solving its most pressing challenges are still available. Here are some of them.

Canada-Ontario Job Grant provides 50%-83% of the training cost. Online training is eligible. If you postponed employee training due to pandemic, ask your trainers if they can deliver the training online.

IRAP Youth Employment program provides up to 80% of the salary of the science and engineering graduates you may hire. Other hiring incentives are also available.

The famous SR&ED Tax Credit program now conducts online audits and claim reviews. The program is open for applications. Your business may be eligible to claim 60% of the labour cost spent on research and development.

Business Expansion grants and loans, such as SWODFEODF and BSUP, are still available. If you’ve been thinking of expanding your building and buying equipment before the crisis, it is time to revisit your plans and apply for one of the expansion funds.

Last but not least, the CanExport program is still available. This program compensated 75% of international business travel and trade show expenses. Now that the business travel is not an option, you can apply for the funding to get regulatory approval to export your product, e.g. FDA approval. Participation in virtual trade shows and conferences and online advertising is now eligible, as long as you are pursuing export market opportunities.

Does your business qualify for the above and other government funding programs? Fill out Eligibility Check form at http://www.fgwinc.ca/eligibility to find out.

CHECK ELIGIBILITY

Is your business adversely impacted by the economic crisis caused by the pandemic? Check out Canadian government anti-crisis incentives.

ANTI-CRISIS INCENTIVES

Please stay at home if you can. We will get through this together. Our team is fully available.

75% Off Your Business Rent. Do You Qualify?

Have your monthly sales in April, May and June 2020 projections dropped at least 70% compared to the same months last year?

If your business made less than $20 million in revenue last year and your monthly rent does not exceed $50,000, you may qualify for Canada Emergency Commercial Rent Assistance (CECRA).

BUT! Your Landlord Must Apply, not you.

If you meet the above criteria, do yourself a favour. Forward this article to your landlord and have him or her contact me to discuss how they can take benefit from the program and cut 75% off your monthly rent for April, May and June 2020.

Please stay at home if you can. We will get through this together. Our team is fully available.

Tip #4: Emergency Wage Subsidy Calculation

The Canada Emergency Wage Subsidy has been extended past June 6. On one hand, it is a good news if your business is in trouble. On the other hand, it is an evidence of how bad the economy is. There will be a long way to recovery. The updated eligibility rules will be published in the next few weeks and we will update you.

I recently shared with you 3 pitfalls about the Emergency Wage Subsidy you need to be aware of. If you missed them, here is the link. I am happy to share the 4th one with you.

4. Misalignment between your pay periods and eligible pay periods

Chances are, that your payroll expenses are inconsistent month after month and week after week. Chances are, that you pay periods do not match the eligible pay periods:

  • March 15 – April 11, 2020
  • April 12 – May 9, 2020
  • May 10 – June 6, 2020, etc.

To align you pay periods with eligible periods, break down your payroll and pay periods accordingly. For example, if your pay period is a calendar month, and your payroll is $10,000 in March, and $12,000 in April, here is how you calculate eligible payroll:

  • $10,000 X (17/31) = $5,484 i.e., the payroll for eligible 17 days of March.
    +
  • $12,000 X (11/30) = $4,400 i.e. the payroll for eligible 11 days of April.
    =
  • $9,884. This is the eligible payroll you can claim the wage subsidy against.
    Do not use monthly average!

The math gets even more complex if you pay weekly or biweekly and your pay periods don’t align to the eligible ones.

How to Apply? Apply via My Business Account with Canada Revenue Agency.

WHY CHOOSE US TO WRITE YOUR APPLICATION?

  • Trusted partner with 7 years of experience in government funding applications writing. You need a partner with expertise, not someone who happens to have access to your payroll.
  • Program complexity. The Emergency Wage Subsidy is not as easy as it seems. Review the program rules and decide for yourself.
  • Maximum benefits. Our deep understanding of the program will help you get the most out of it.
  • Fair fees. We will not take advantage of fellow Canadians in trouble and offer a fair and reasonable fee for wage subsidy applications.

CLICK HERE TO GET HELP WITH EMERGENCY WAGE SUBSIDY APPLICATION

Please stay at home if you can. We will get through this together. Our team is fully available.

ANTI-CRISIS SOLUTION

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 property owners with struggling tenants that will cover 50% of the landlord’s fixed commercial property expenses. The loan will be forgiven if the landlord reduces the rent by at least 75% and sign a no-eviction agreement with the tenants. The application intake will start in the next few weeks, but the program is retroactive to April 1, 2020.

Eligibility Requirements

Eligible Small Business

  • Pays monthly rent not exceeding $50,000 in gross rent payment;
  • Generates no more than $20 million in annual pre-crisis sales;
  • A non-essential small business that has temporarily closed by the provincial or territorial government order;
    OR
  • Is experiencing a 70% drop in pre-crisis revenues (determined by comparing revenues in April, May or June to the same month in 2019 or compared to average revenues for January-February 2020).

Eligible Landlord

  • Owns a commercial property leased to eligible tenants;
  • Has a mortgage loan secured by the commercial property leased to eligible tenants;
  • Is willing to reduce monthly rent for April, May, and June 2020 by at least 75% and sign a no-eviction agreement with eligible tenants;
  • Have declared rental income on a personal or commercial tax return for tax years 2018 and/or 2019.

CLICK HERE TO GET HELP WITH CANADA EMERGENCY COMMERCIAL RENT ASSISTANCE PROGRAM APPLICATION.

FORWARD THIS ARTICLE TO YOUR COMMERCIAL PROPERTY LANDLORD.

Please stay at home if you can. We will get through this together. Our team is fully available.

ANTI-CRISIS SOLUTION

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 eligibility

To qualify for the first wage subsidy claim, you must demonstrate the decline in sales by at least 15% in March 2020 compared to either March 2019 or the average of January and February 2020. The selection determines the baseline for all future wage subsidy claims. It means that if you chose to compare your March 2020 sales to March 2019 sales, you would have to compare your April 2020 to April 2019 sales to qualify for the next wage subsidy claim. You are not allowed to change the approach. So be strategic and choose the right one from the beginning.

2. Missing to claim CPP/QPP and EI reimbursements

CRA did an excellent job creating an Excel calculator for the wage subsidy amount. But they forgot to create one for calculating source deductions amounts you can reimburse. If your employees were on paid leave (due to sickness or lack of work, for example), you could claim the amounts of CPP/QPP and EI contributions you paid. The contributions formula varies from province to province. Make sure you calculated the amounts accordingly.

3. Lack of direct deposit set up with CRA

Even if you have My Business Account with CRA, please, make sure that you also set up a direct deposit with the agency. It will help you get the subsidy much faster.

How to Apply? Apply via My Business Account with Canada Revenue Agency.

WHY CHOOSE US TO WRITE YOUR APPLICATION?

  • Trusted partner with 7 years of experience in government funding applications writing. You need a partner with expertise, not someone who happens to have access to your payroll.
  • Program complexity. The Emergency Wage Subsidy is not as easy as it seems. Review the program rules and decide for yourself.
  • Maximum benefits. Our deep understanding of the program will help you get the most out of it.
  • Fair fees. We will not take advantage of fellow Canadians in trouble and offer a fair and reasonable fee for wage subsidy applications.

REPLY TO THIS EMAIL TO GET HELP WITH EMERGENCY WAGE SUBSIDY APPLICATION

Please stay at home if you can. We will get through this together. Our team is fully available.

ANTI-CRISIS SOLUTION

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 6, 2020
  • to qualify you must demonstrate the drop in revenue by at least 15% in March 2020 and 30% in April and May 2020 compared to either similar months of 2019 or the average of January and February 2020.

How to Apply? Apply via My Business Account with Canada Revenue Agency starting April 27. If you don’t have one yet, please, take time to create it.

WHY CHOOSE US TO WRITE YOUR APPLICATION?

We are aware of many individuals and companies offering “help” with writing wage subsidy applications. Some of them even claim that they already have approved cases even though the intake has not started yet. Here are the reasons why you should consider FGW as your trusted application writer.

  • Trusted partner with 7 years of experience in government funding applications writing. You need a partner with expertise, not someone who happens to have access to your payroll.
  • Program complexity. The Emergency Wage Subsidy is not as easy as it seems. Review the program rules and decide for yourself.
  • Maximum benefits. Our deep understanding of the program will help you get the most out of it.
  • Fair fees. We will not take advantage of fellow Canadians in trouble and offer fair and reasonable fee for wage subsidy applications.

Please visit the Anti-Crisis Solution page now and fill the form on the right hand side if you need help to determine which option is right for you or your clients, partners or suppliers.

Please stay at home if you can. We will get through this together. Our team is fully available.

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, 2022.
  • to qualify your total employment income paid in the 2019 calendar year must be between $50,000 and $1,000,000.

WATCH VIDEO OVERVIEW OF THE PROGRAM NOW

How to Apply? All major Canadian banks and credit union provide access to the program. To apply, log in to your business account with your primary financial institution or call your account manager for directions.

Please visit the Anti-Crisis Solution page now and fill the form on the right hand side if you need help to determine which option is right for you or your clients, partners or suppliers.

Please stay at home if you can. We will get through this together. Our team is fully available.

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 business or organization is eligible.

The amount of the wage subsidy equals 75% of the remuneration up to $847 per week per employee.

How to Apply? Applicants will need to re-apply monthly. Application forms will be available on CRA website, My Business Account section. If you don’t have the business account with CRA, it is time to create it as soon as possible. We expect the application forms will be available next week.

Please visit the Anti-Crisis Solution page now and fill the form on the right hand side if you need help to determine which option is right for you or your clients, partners or suppliers.

Please stay at home if you can. We will get through this together. Our team is fully available.

ANTI-CRISIS SOLUTION

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 week some of the programs kicked off and we can’t wait to share them with you.

We designed an Anti-Crisis Funding Solution. The solution has multiple options, and not all may apply to you, but I suggest you to visit the above link asap and find the solution that is right for your unique situation.

  1. Avoid layoffs
  2. Get cash injection & stabilize cash flow
  3. Recover as much funding as possible for you past and future projects
  4. Manage debt in uncertain times
  5. Make products, deliver services or develop technologies to help fight the pandemic

Please visit the Anti-Crisis Solution page now and fill the form on the right hand side if you need help to determine which option is right for you or your clients, partners or suppliers.

Please stay at home if you can. We will get through this together. Our team is fully available.