The New Ontario Small Business Support Grant (December 21, 2020)
Posted: Jan 7th, 2021In: Uncategorized0The Ontario government announced the new Ontario Small Business Support Grant, which will provide a minimum of $10,000 and up to $20,000 to eligible small business owners. Small businesses required to close or restrict services[...]
Read More about The New Ontario Small Business Support Grant (December 21, 2020)Canada Emergency Commercial Rent Assistance (CECRA)
Posted: Jan 4th, 2021In: Newsletters0The Canada Emergency Commercial Rent Assistance (CECRA) for small businesses lowers rent by 75 per cent for small businesses that have been affected by COVID-19. CECRA provides forgivable loans to qualifying commercial property owners, whether they have[...]
Read More about Canada Emergency Commercial Rent Assistance (CECRA)EI premium rates hold steady in 2021 and 2022
Posted: Jan 4th, 2021In: Newsletters0EI Premium rate set at 1.58% of insurable earnings, up to $56,300 in 2021 (from $54,200) Employment Insurance (EI) premium rates will hold steady in 2021 and 2022. The Government of Canada has confirmed that[...]
Read More about EI premium rates hold steady in 2021 and 2022CPP contribution limits increase in 2021
Posted: Jan 4th, 2021In: Newsletters0The maximum pensionable earnings under the CPP for 2021 will increase to $61,600 The CRA has announced the CPP contribution limits for the upcoming year. The maximum pensionable earnings under the Canada Pension Plan (CPP)[...]
Read More about CPP contribution limits increase in 2021