Posts by kylehodgman

Supports for Business Prime Minister announces support for Indigenous businesses Prime Minister, Justin Trudeau, announced up to $306.8 million in funding to help small and medium-sized Indigenous businesses, and to support Aboriginal Financial Institutions that offer financing to these businesses. The funding will allow for interest-free loans, as well as non-repayable contributions, to help Indigenous…

Supports for Business Federal Government Announces Targeted Industry Supports New federal support to businesses and organizations dealing with the economic impacts of COVID-19 were announced today. The Government of Canada will provide over $1.7 billion for targeted measures, including: $675 million to give financing support to small and medium-sized businesses that are unable to access…

Supports for Business Canada Emergency Business Account Expanded Today, the Government of Canada announced that upper and lower payroll limits for the Canada Emergency Business Account (CEBA) have been expanded in order to include more businesses. The new CEBA 2019 payroll limits are a lower limit of $20,000 and an upper limit of $1.5 million.…

Supports for Business COVID-19 response: Approved grants extension There is greater flexibility now with the Canada Alberta Job Grant with deadlines for current approved grants extended by 3 months. Training can start within 9 months of grant approval and must be completed within 15 months of the training start date. If a course is postponed,…

Supports for Business Wage subsidy legislation provides additional details On April 11, the COVID-19 Emergency Response Act, No. 2 received Royal Assent, bringing the Canada Emergency Wage Subsidy into law. The Government of Canada also announced additional details of the subsidy including eligible employers, eligible periods, eligible employees, the change in revenue from 30% in…

Supports for Business Reminder: Interest-Free Loans Now Available  The Government of Canada is providing small businesses and not-for-profits with interest-free loans of up to $40,000 to help cover costs. The Canada Emergency Business Account program is for businesses with a total payroll between $50,000 to $1 million in 2019. Repayment of the loan on or…

Supports for Business Important Changes to the Canada Emergency Wage Subsidy The Government announced some welcome changes to the Canada Emergency Wage Subsidy (CEWS) today including: flexibility to compare revenue of March, April and May 2020 to that of the same month of 2019, or to an average of the revenue earned in January and…

Supports for Business Changes to Employment Standards The Government of Alberta is allowing greater flexibility for employers to appropriately respond to public health measures and at the same time allow employees to remain attached to jobs and have the ability to access federal assistance programs. The changes will: Provide employees access to unpaid job-protected leave…