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Check out our Q3 2021 edition of Tax Tips and Traps. Click on the image below to download:

Under this program, Manitoba-based businesses can apply for up to $50,000 in provincial subsidies to help fund the wages of new employees or re-hired employees who can attest they have been vaccinated, will be vaccinated or are unable to be vaccinated. Employers under the program will receive a grant of up to 50% of the …

Healthy Hire Manitoba Program Read More »

The Canada Recovery Hiring Program (CRHP) was announced in the Federal Government’s 2021 budget. The program was launched to support eligible employers hiring new staff by providing them a subsidy of up to 50% on the incremental wages paid to employees between June 6, 2021 and November 20, 2021. Who is eligible for the subsidy? …

Canada Recovery Hiring Program Read More »

The City of Winnipeg is offering a second $1,500 grant to local businesses and not-for-profit organizations that were required to prohibit access to their premises as a result of public health orders. This second round of applications are open until July 31, 2021, on a first come, first serve basis. Do I Qualify? To qualify …

Winnipeg Economic Support Grant – Second Intake Period Read More »

We would like to thank all our clients for your continued support and patience through these unprecedented times.  Please note that our office will be closed from Jul 1-12 to give our staff a well-deserved break.  We will reopen for regular business hours on Tuesday, July 13.   

Both the CEWS (wage subsidy) and CERS (rent subsidy) applications are due 180 days after the end of the qualifying period. The chart below summarizes the upcoming deadlines for the various periods currently announced: CEWS/CERS Period Period Date Deadline For Application 10/3 Nov. 22 to Dec. 19, 2020 Jun. 17, 2021 11/4 Dec. 20, 2020 …

CEWS/CERS Program – Upcoming Deadlines Read More »

Check out our Q2 2021 edition of Tax Tips and Traps. Click on the image below to download:

Coming in at 724 pages, the 2021 Federal Budget was tabled on April 19, 2021. Check out our 14 page summary covering the highlights of the day. Click on the image below to download:

If you currently have an engagement for Notice to Reader/Compilation financial statements, this update is specifically for you. You can quickly identify if your year-end financial statements fall into this category by reading the title page of your latest financial statements. If you see the words “Unaudited – See Notice to Reader,” please keep reading. …

Canadian Standard on Related Services 4200 (CSRS 4200) Read More »

HASCAP loans are intended for small and medium-sized businesses that have seen their revenue decrease by 50% or more due to COVID-19 and its restrictions. Loans will carry a 4% interest rate Repayment term of up to 10 years Up to a 12-month postponement of principal payments at the start of the loans The guaranteed …

Highly Affected Sectors Credit Availability Program (HASCAP) Read More »