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Canada Emergency Student Benefit CESB

Application process to begin May 15 at 6:00 AM ET. Details on the Application process have now been released. The CESB Enquiries phone line is 1-833-966-2099. The CESB is intended to provides financial support to post-secondary students, and recent post-secondary … Continue reading

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PM’s Update – Increased support for Seniors:

A one-time tax-free payment of $300 for seniors eligible for the Old Age Security (OAS) pension, with an additional $200 for seniors eligible for the Guaranteed Income Supplement (GIS) will be made available. The New Horizons for Seniors Program will … Continue reading

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Commercial Rent Assistance – New Information Released!

Commercial Rent Assistance – New Information Released!April 29, 2020New information on the Canada Emergency Commercial Rent Assistance (CECRA) program. To qualify for CECRA for small businesses, the property owner must meet the following requirements: own property that generates rental revenue … Continue reading

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Canada Emergency Student Benefits

Canada Emergency Student Benefits Act – Legislation tabledApril 29, 2020Bill C-15 was tabled in respect of CESB. Some items of note: 1) Students must be Canadian citizens, permanent residents, or registered as an “Indian under the Indian Act”. Applications must … Continue reading

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Tax Deduction-Working from home

If you have been asked by your employer due to COVID-19 to work from home you may qualify for a tax deduction for some of your expenses. Keep all your home expense receipts such as: Accounting fees Office supplies Electricity, … Continue reading

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CEWS Launched today

PM’s Update – CEWS 75% wage subsidyApril 27, 2020CEWS applications have begun. https://www.canada.ca/en/revenue-agency/services/subsidy/emergency-wage-subsidy.html Deposits will begin May 7, 2020. Almost 10,000 businesses have already applied in the first 3 hours. Parliament will reconvene shortly to pass legislation regarding student support … Continue reading

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PM’s Update Students

$9 billion of funding in total for students have been announced. They include: Canada Emergency Student Benefit $1,250/month from May to August up to $1,750/month if you take care of someone else or have a disability must be a post … Continue reading

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PM’s Update 75% Wage Subsidy

75% Canada Emergency Wage Subsidy (CEWS) Registration will commence on April 27, 2020 and be first processed on May 4 in bulk. Payments are targeted to begin on May 5. 3,000 auditors have been assigned to manually review certain claims. … Continue reading

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Dream BIG

Do not wish for things to go back to ‘normal’. Be co-creators in an exceptional new reality. Do you want to see an end to global hunger? Hold that vision! An end to the climate crisis? Throw that in the mix! This is … Continue reading

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CERB new $1,000 threshold

WHAT IS THE EARNINGS LIMITATION? When submitting the first claim, you cannot have earned more than $1,000 in employment and/or self-employment income for 14 or more consecutive days within the four-week benefit period of your claim. When submitting subsequent claims, … Continue reading

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