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Form PD27 New Covid Subsite Reporting Requirement
December 2, 2020 Article

Form PD27 – New COVID Subsidy Reporting Requirement for Businesses

By Karen McKay, CPA, CGA As COVID-19 took its devastating toll on the economy last spring, the federal government introduced the 10% Temporary Wage Subsidy (TWS). That aid program was quickly followed by the Canada Emergency Wage Subsidy (CEWS). With 2020 quickly
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Covid-19 Canada Emergency Rent Subsidy Program
November 20, 2020 Article

Canada Emergency Rent Subsidy Program Details

The new Canada Emergency Rent Subsidy (CERS) program for businesses, non-profits and charities that are facing economic challenges due to COVID-19 received Royal Ascent on November 19th, 2020. It is expected applications for CERS will open as early as Monday, November
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Coronavirus response information sign
October 9, 2020 Article

Government Announces New and Updated COVID-19 Relief Programs

New ‘Canada Emergency Rent Subsidy’ Program On October 9th, 2020, the Federal government announced a new rent and mortgage relief program for some businesses that have suffered revenue drops by subsidizing a percentage of their expenses on a sliding scale,
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We're reopen sign
May 14, 2020 Article

Staying Alive – Financial Projection and Cash Flow for Re-Opening Businesses

The partial re-opening of the economy will be music to the ears of business owners across the province. Many have been champing at the bit for business life to get back to normal. But before diving headfirst back into business operations, it is worth taking stock of
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Smart businessman looking forward in spyglass
February 10, 2020 Article

Taking the Guess Work out of Revenue Forecasts

For any business owner, forecasting growth can be an onerous task – the financial equivalent of a trip to the dentist. But like trips to the dentist, they are important, and not necessarily as painful as you might expect. None of us can see into the future but with
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A billing statement marked overdue
December 4, 2019 Article

Collecting What’s Owed: The Awkward Side Of Business

People go into business to sell either a product or a specialized service. What they don’t do, is go into business to become debt collectors – unless, of course, they are in the business of debt collecting. Nobody enjoys the collecting part of business and most
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