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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? […]

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

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

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.

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

Manitoba PST Extension Businesses with PST remittance of no more than $10,000 per month are eligible for an interest and penalty-free payment deferral to June 30, 2021. January, February, March, April, and May 2021’s returns are all eligible for the payment deferral. March quarterly PST return also qualifies for the June 30, 2021 payment deferral.

The new year starts with an exciting announcement for Craig & Ross, as we celebrate the admission of three new Partners to the Partnership. Our new Partners have distinguished themselves through their ability to inspire those around them. Their hard work and commitment to quality is shown by the impact they have made on our