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As one of the largest providers of benefit consulting and administration services to Southern Ontario for more than a decade, we help you to take advantage of our flexible solutions to develop pension, health and group benefit strategies.
Apply for Canada Emergency Wage Subsidy starting April 27th | Calculate your subsidy
/in 2020 Only, Blog, Business Owners, Coronavirus, Coronavirus - Practice Owners/by Horizon FinancialOn April 21st, Prime Minister Justin Trudeau announced that the Canada Revenue Agency will accept applications for the Canada Emergency Wage Subsidy (CEWS) starting Monday, April 27th. This new measure gives qualifying employers up to $847 per employee each week so they can keep people on the payroll.
New Canada Emergency Commercial Rent Assistance | Canada Emergency Business Account Expanded
/in 2020 Only, Blog, Business Owners, Coronavirus, Coronavirus - Practice Owners/by Horizon FinancialOn April 16th, Prime Minister Justin Trudeau announced support for to help small businesses with their rent for the months of April, May and June.
The program is being worked out with the provinces and more details will be available shortly.
Expanded eligibility for Canada Emergency Response Benefit (CERB) & Boosted wages for Essential Workers
/in 2020 Only, Blog, Business Owners, Coronavirus, Coronavirus - Associates, Coronavirus - Practice Owners, Coronavirus - Students/by Horizon FinancialPrime Minister Justin Trudeau announced:
“Today, we’re announcing more help for more Canadians. This includes topping up the pay of essential workers. At the same time, we’ll also be expanding the Canada Emergency Response Benefit to reach people who are earning some income as well as seasonal workers who are facing no jobs and for those who have run out of EI recently. Expanding the CERB to include people who earn up to $1,000 per month. Maybe you’re a volunteer firefighter, or a contractor who can pickup some shifts, or you have a part-time job in a grocery store.”
Applications for the Canada Emergency Business Account starts TODAY!
/in 2020 Only, Blog, Business Owners, Coronavirus/by Horizon FinancialThe new Canada Emergency Business Account (CEBA) is available starting TODAY and is available through major banking institutions.
The CEBA will provide qualifying businesses an interest-free loans of up to $40,000 until December 31, 2022.
Rules changed to allow more struggling business owners access to CERB, Wage Subsidy. Summer jobs program increased to 100%
/in 2020 Only, Blog, Business Owners, Coronavirus/by Horizon FinancialA big win today for some small business owners who previously did not qualify for the $500/week Canada Emergency Response Benefit (CERB) or the 75% Canada Emergency Wage Subsidy (CEWS).