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Government of Canada to allow up to $400 for home office expenses

by Quarry Wealth | Dec 29, 2020 | 2020, Accountants, blog, business owners, tax

For the 2020 tax year, the Government of Canada introduced a temporary flat rate method to allow Canadians working from home this year due to Covid-19 to claim expenses of up to $400.
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Canada Emergency Wage Subsidy expanded to include more businesses!

by Quarry Wealth | Jul 17, 2020 | blog, business owners, Coronavirus, Coronavirus - Practice Owners, corporate

On July 17th, Finance Minister Bill Morneau announced proposed changes to the Canada Emergency Wage Subsidy (CEWS) that will expand the number of businesses that qualify for the program.
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Canada Emergency Wage Subsidy extended into December!

by Quarry Wealth | Jul 13, 2020 | blog, business owners, Coronavirus, Coronavirus - Practice Owners, corporate

On July 13th, Prime Minister Justin Trudeau announced the extension of the Canada Emergency Wage Subsidy (CEWS) until December.
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CERB Extended | Business Owners who did not qualify previously – expanded CEBA starts June 19th

by Quarry Wealth | Jun 17, 2020 | 2020 Only, blog, business owners, Coronavirus, Coronavirus - Associates, Coronavirus - Practice Owners, Coronavirus - Students, corporate, individuals

Great news for Canadians out of work and looking for work. The CERB will be extended another 8 weeks for a total of up to 24 weeks. The expanded CEBA will begin June 19th.
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The Need for Corporate Life Insurance

by Quarry Wealth | Jun 1, 2020 | blog, business owners, Buy Sell, corporate, estate planning, life insurance

Life insurance is used for two general purposes in a private corporation – managing risk and creating opportunities. The risk management function is satisfied as life insurance provides the corporation with a tax-free payment in the event of the death of an owner or someone vital to the success of...
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Small Businesses! Applications for Canada Emergency Commercial Rent Assistance starts May 25th

by Quarry Wealth | May 24, 2020 | 2020 Only, blog, business owners, Coronavirus, Coronavirus - Practice Owners, corporate

The Application portal for the Canada Emergency Commercial Rent Assistance (CECRA) opens at 8:00am EST on May 25th
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Recent Posts

  • Government of Canada to allow up to $400 for home office expenses
  • Highlights of the 2020 Federal Fall Economic Statement | Additional $20,000 CEBA loan available now
  • Applications for the new Canada Emergency Rent Subsidy starts today!
  • Applications for Canada Recovery Benefit now open!
  • New Canada Emergency Rent Subsidy | Wage Subsidy extended | CEBA additional $20,000 loan

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    10820 24th Street SE, Suite 201
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    Email: info@quarrywm.dev.cc

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    Latest News

    • Government of Canada to allow up to $400 for home office expenses December 29, 2020
    • Highlights of the 2020 Federal Fall Economic Statement | Additional $20,000 CEBA loan available now December 7, 2020
    • Applications for the new Canada Emergency Rent Subsidy starts today! November 23, 2020

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