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BC: Reduces commercial property tax for businesses by average of 25%, help local governments
/in 2020 Only, Blog, Business Owners, Coronavirus/by Spear FinancialThe province of British Columbia is providing additional support to businesses by reducing most commercial property tax bills by an average of 25%.
New Canada Emergency Commercial Rent Assistance | Canada Emergency Business Account Expanded
/in 2020 Only, Blog, Business Owners, Coronavirus, Coronavirus - Practice Owners/by Spear FinancialOn April 16th, Prime Minister Justin Trudeau announced support for to help small businesses with their rent for the months of April, May and June.
The program is being worked out with the provinces and more details will be available shortly.
Expanded eligibility for Canada Emergency Response Benefit (CERB) & Boosted wages for Essential Workers
/in 2020 Only, Blog, Business Owners, Coronavirus, Coronavirus - Associates, Coronavirus - Practice Owners, Coronavirus - Students/by Spear FinancialPrime Minister Justin Trudeau announced:
“Today, we’re announcing more help for more Canadians. This includes topping up the pay of essential workers. At the same time, we’ll also be expanding the Canada Emergency Response Benefit to reach people who are earning some income as well as seasonal workers who are facing no jobs and for those who have run out of EI recently. Expanding the CERB to include people who earn up to $1,000 per month. Maybe you’re a volunteer firefighter, or a contractor who can pickup some shifts, or you have a part-time job in a grocery store.”