Québec government enhances Canada’s emergency assistance for commercial rent
On June 8, the Quebec government announced a $140 million enhancement to the Canadian Emergency Commercial Rental Assistance (CECRA) program for Quebec commercial property owners. Thanks to this measure, landlords who had to commit to absorbing a 25% loss when registering for the program will now receive an amount equivalent to 12.5% of the […]
Tax balance payment deadline extended to September 30
The Quebec government is extending a flexibility measure to help citizens and businesses cope with the consequences of the COVID-19 pandemic. The deadline for paying the tax balance has been extended from September1 to September 30, 2020. This deferral will apply to individuals, corporations and trusts. It will help them get through this exceptional period […]
Investissement Québec steps up its regional presence
Investissement Québec (IQ) announced today that it has completed the merger of the regional offices of the Ministère de l’Économie et de l’Innovation with those of IQ, as well as the integration of the Centre de recherche industrielle du Québec (CRIQ) and Export Québec teams into the corporation. The pooling of these strengths has led […]
Pandemic checklist
Our advisory services department has drawn up a series of questions in connection with the upcoming gradual decommissioning. As you know, the next few months are going to be all about recovery. But recovery also means preparation. To help you rebuild, or perhaps improve, your financial plan, our team of financial analysts is here to […]
Lodging tax relief measures
As part of the measures taken by the Quebec government in response to the COVID-19 pandemic, it was recently announced that further relief measures would be introduced for the lodging tax. Indeed, as of April 9, 2020, the Quebec government has issued an information bulletin in which it allows an extension of the deadline for […]
EDC offers a webinar “COVID-19: Get financing and support for your business”.
(source: edc.ca) Get the funding and support your business needs On April 16, Export Development Canada (EDC) will be hosting a webinar featuring a panel of experts who will explain how to access the financial assistance and guarantees available to you. In this regard, it should be noted that the government has broadened EDC’s mandate, […]
UPDATE: Government offers employers more flexibility on Canada Emergency Wage Subsidy
(source) Department of Finance Canada The Government of Canada is taking immediate, significant and decisive action to support Canadians and employers across the country who are struggling as a result of the global outbreak of COVID-19. Today, Finance Minister Bill Morneau provided further details on the eligibility criteria for companies to apply for the Canada […]
Government announces details of Canada Emergency Wage Subsidy to help companies retain Canadians
See the update at the bottom of the text (April 2, 2020) To help Canadians and businesses manage this difficult economic period, Prime Minister Justin Trudeau announced on April 1 that the government is proposing to introduce a wage subsidy of 75% for eligible businesses, for up to three months. This subsidy is retroactive to […]
A few tips for the “paperless” implementation!
With the emergence of new technologies in recent years, the accounting world is in a state of transition. As a result, paper printing is no longer as necessary as it once was, and could be virtually eliminated within your organization. Have you ever thought of implementing the “paperless” model within your organization? This model involves […]
Important!
Did you know that as of June 13, 2019, federal corporations are required to create and update a register of individuals with significant control? It must be kept with the other registers and be available to shareholders, creditors, law enforcement agencies and Corporations Canada. Your financial institution may also request this information. The criteria for […]