1. There are no limitations for how this one-time, upfront grant can be used.Provides electricity rate relief for small businesses paying time-of-use rates.
FOR CHARITIES & NFPs . Individuals are eligible for the CERB if:The Government of Canada has introduced the new Canada Emergency Business Account in an effort to ensure that small businesses, including charities, have access to funds in these challenging times.
The changes to the Canada Summer Jobs program will help small businesses hire and keep the workers they need so they can continue to deliver essential services.The temporary changes to the program for this year include:To support employees impacted by COVID-19, the Canada Emergency Response Benefit (CERB) will provide $2,000 per month for a period of up to six months. In addition, Prime Minister Trudeau announced the Emergency Community Support Fund, a $350 million support to … No interest will accrue on outstanding premium payments and no penalties will be charged during this six-month deferral period.The Emergency Relief Worker Assistance Program will provide financial support to employers to assist their employed workers who have been impacted by reduced hours at work as a result of COVID-19. If you are eligible for both subsidies with the same period of time, note that any benefit from the 10 percent wage subsidy on your employee’s salary will reduce the amount available to be claimed under the CEWS in that same period.Eligible employers are able to apply for the CEWS through the Canada Revenue Agency’s The federal government announced temporary changes to the Canada Summer Jobs program that will help employers hire summer staff and provide young Canadians access to the jobs they need during this unprecedented time. Eligible small businesses and social enterprises will receive a grant of 15 percent of their revenue from sales — either from April 2019 or February 2020, up to a maximum of $5,000.
This reduced price will be available 24 hours per day, 7 days a week to customers.Increases the Employer Health Tax exemption to $1 million from the previous $490,000. Canada’s Minister of Finance, the Honourable Bill Morneau , announced. Canadian Heritage has made funds available to partner organizations, including the Canada Council for the Arts, the Canada Media Fund, FACTOR, Musicaction, and Telefim Canada, to start distributing funds to organizations affected by the COVID-19 pandemic in the cultural, heritage and sport sectors.Launching a first-ever Surplus Food Purchase Program with an initial $50 million fund designed to help redistribute existing and unsold inventories, which could include products such as potatoes and poultry, to local food organizations who are serving vulnerable Canadians.Charities and nonprofits in some parts of the country will be able to get money to cover operating costs through the Regional Relief and Recovery Fund.
2 ("Bill C-14"), which formalized the terms of the Canada Emergency Wage Subsidy program (the CEWS). The federal government has announced that companies will be able to start applying for the Canadian Emergency Wage Subsidy on Monday, April 27 and that payments are expected to begin on Tuesday, May 5. Non-profits and charities that meet the requirements of the CEWS may apply for up to a 75% wage subsidy. This program will help create up to 70,000 jobs for youth between 15 and 30 years of age. The loans will be forgiven if the mortgaged property owner agrees to reduce the eligible tenants’ rent by at least 75% for the three corresponding months under a rent forgiveness agreement, which will include a term not to evict the tenant while the agreement is in place. “Non-commercial” nonprofits can apply to Canada Economic Development for Quebec Regions for non repayable money, while it looks like charities and non-profits cannot apply at all to FedDev Ontario, including for non repayable capital. You can watch the testimony live or a recording of…In what is very good news for many non-profits and registered charities in Canada, Corporations Canada has extended the deadline for AGMs for Canada…The material on this site is for general information and it is not offered as legal advice or opinion.
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