Update on COVID-19 Relief for Businesses

Businesses in Canada have been experiencing many negative effects from the COVID-19 pandemic. While some businesses had to close down temporarily or permanently, the businesses that remain open must abide new and ever-changing restrictions. The Canadian government launched several initiatives to help keep businesses open and employees on the payroll. Since their launch, there has…


How the Canadian Government’s COVID-19 Response Plan has Helped Canadians

In light of one of the more threatening and deadly pandemics of all time, the Canadian government launched the COVID-19 Economic Response Plan on March 18th, 2020. As non-essential services were closed to slow the spread of COVID-19, many businesses temporarily, or permanently shut their doors and let their employees go. Since Canada’s COVID-19 Economic…


Alberta Government’s COVID-19 Economic Response

In addition to Canada’s COVID-19 Economic Response Plan, there have been some changes to Alberta’s economic response. The Alberta government will provide immediate funding and supportive measure for local businesses, employers and employees. Corporate income tax deadline extension Corporate income tax balances and installment payments will be deferred from March 19 until August 31, 2020…