Did your business take advantage of federal COVID-19 programs in 2020? If so, questions are likely racing through your mind about the tax implications of receiving benefits from the various programs. Find out how the benefits may impact your tax return.
Read our highlights of the government's fall economic update and how it may impact you. The government is forecasting a deficit of $381.6 billion for the 2020-21 fiscal year, and they’re prepared to spend up to $100 billion over the next 3 years to rebuild the economy.
When the Endako Mine closed at the end of 2014, the Village of Fraser Lake lost its biggest employer. About a year later, the only grocery store in the community closed too. It was a tough time for the town. That’s when Lori and Bobby Hurry decided it was time to do something about it.
The federal government is launching a new rent relief program for small businesses impacted by COVID-19. They’ve released the draft legislation and proposed details for the first 12 weeks of the program. Find out if you qualify and how to apply.
The Ontario government unveiled its 2020-21 budget on Nov. 5, 2020, amid a backdrop of the ongoing COVID-19 pandemic and the related economic fallout. Find out what new measures they've proposed in the budget.
It would be an understatement to say this has been an unusually challenging and difficult year. Those challenges will most likely continue for a while to come. What should you, as a small business owner be doing to weather the storm? Learn what 5 things you should focus on now.