Posts by kylehodgman

Supports for Business Canadian Business Resilience Network Launched Today Our Canadian Business Resilience Network campaign launched today [watch the Prime Minister’s announcement] in partnership with the Government of Canada and Canada’s leading business and industry associations, including the Business Council of Canada, the Canadian Council for Aboriginal Business, the Canadian Federation of Independent Businesses and…

Supports for Business Canadian Business Resiliency Network Launches on Monday The Canadian Business Resilience Network (CBRN), has been established in order to bring together a vast network of over 450 chambers and boards of trade, and over 100 of Canada’s leading business and industry associations, including the Business Council of Canada, Canadian Council for Aboriginal…

Supports for Business Canada Emergency Business Account We received additional information on the Canada Emergency Business Account and were made aware that applications will open Monday across all major banks. The program will provide up to $40,000 for operating costs (can be used to pay other lending/interest if required) An eligible business must have paid…

Supports for Business Additional Details on the Canada Emergency Wage Subsidy Additional details for the proposed Canada Emergency Wage Subsidy were announced today to encourage employers to re-hire workers previously laid off. The program includes individuals, taxable corporations, partnerships, not for profit organizations and registered charities. Public bodies would not be eligible for this subsidy,…

Supports for Business Prime Minister announces new partnerships with Canadian industries to fight COVID-19 The Government of Canada has signed new procurement agreements with Canadian companies to purchase and boost capacity to manufacture equipment and supplies including portable ventilators, surgical masks, and rapid testing kits. The government has ordered millions of supplies to ease the…

Supports for Business City Assessments Notices Delayed Due to the challenges of the recent COVID-19 crisis and the impact on department operations, the City of Medicine Hat is extending the notice of assessment date. For Single Family Residential and Farmland, the mail date was February 28th with a notice of Assessment Date of March 6…

Supports for Business Wage Subsidy for Employers A major change was announced today by the Prime Minister in his daily press conference. The previously announced 10% wage subsidy has been increased to 75% to help small businesses keep operating and retain their employees.  This 75 per cent wage subsidy for qualifying businesses is for up…

Supports for Business Export Development Canada and Business Development Bank of Canada The Business Credit Availability Program (BBCAP) through EDC and BDC allows both of these crown corporations to expand their programming to collaborate with private lenders for delivery of this program.  The program provides: Working capital loans of up to $2 million with flexible…