The Covid-19 panademic is causing challenges times in Canada for families and businesses. We are commited to your success through this crisis, with relevant up to date information.
Canada's COVID-19 Economic Reponse Plan
The topics covered under the Government of Canada Economic Reponse Plan are:
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Increased Child Tax Benefits
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Special Goods and Services tax credit payment
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Extra time to file your income taxes
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For individuals, the return filing due date will be deferred to June 1, 2020
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Mortgage Support
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Canada Emergency Response Benefit (CERB)
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A taxable benefit of $2,000 a month for up to 4 months for people facing unemployment
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Extending the Work-Sharing Program
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Wage Subsidies
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Up to 75% wage subsidy for qualifying businesses for up to 3 months
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Business Credit Availability Program
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More time to pay Income Taxes
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Deferrals of Sales Tax Remittance and Customs Duty Payments