business owners Articles

The Canada Emergency Business Account (CEBA) is Extended (Again)

The Canada Emergency Business Account (CEBA) is Extended (Again)

On March 22, 2021, the Government of Canada announced that the deadline for Canada Emergency Business Account (CEBA) applications is extended from March 31 to June 30, 2021.    This deadline extension applies to any new applications for CEBA...

Canada Emergency Wage Subsidy expanded to include more businesses!

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. The major changes he announced were:"First, we're proposing...

Canada Emergency Wage Subsidy extended into December!

On July 13th, Prime Minister Justin Trudeau announced the extension of the Canada Emergency Wage Subsidy (CEWS) until December. The Prime Minster stated:"You've seen me come out to talk with Canadians about what we're doing to help you and your...

The Need for Corporate 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...

Expanded eligibility for CEBA $40,000 interest-free loan

"If you are the sole owner-operator of a business, if your business relies on contractors, or if you have a family-owned business and you pay employees through dividends, you will now qualify." - PM Justin TrudeauEligibilityThe Prime Minister...

Extended! Canada Emergency Wage Subsidy extended beyond June

On May 8th, Prime Minister Justin Trudeau announced that they will extend the Canada Emergency Wage Subsidy (CEWS) beyond June. This measure gives qualifying employers up to $847 per employee each week so they can keep people on the payroll....

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