This week has brought another program to assist business owners (not sole proprietors), who did not qualify or were turned down for the Canada Emergency Business Account loan ($40K). This is an interest free loan, with a forgivable component (if certain conditions are met). Mind you, the contribution is also taxable. The “Regional Relief and Recovery Fund (RRRF)” is delivered to Western Canadian businesses through the Western Economic Diversification Fund (WD).  The funding available is…

75% wage subsidy program (Canada Emergency Wage Subsidy “CEWS”) Please see the following link to our newsletter provider for important clarifications. Such as what is defined as eligible wages (dividends do not count), periods for the calculation and other items.  https://www.videotax.com/web-tips-articles/cews-faq-updated-partnerships Canada Child Benefit (CCB) Increase Families will receive an additional $300 per child as a one time increase to May’s payment.  https://pm.gc.ca/en/news/news-releases/2020/05/03/families-receive-increased-support-through-canada-child-benefit Province of BC, $1,000 Emergency Benefit for workers On May 1st, applications…