Mayne Accounting & Tax Services
32439 Huntingdon Rd V2T 5Y9 Abbotsford, BC, Canada

Local sport organizations can now apply for this one-time grant of upto $7,500. Deadline is October 16, 2020. For more information, including eligibility criteria, visit: https://www.viasport. ca/grant/local-sport-relief-fund

Are you a business owner who did not qualify for the $40,000 loan under the Canada Emergency Business Account program? There is ray of hope! You can still apply under the Regional Relief and Recovery Fund to access up to $40,000 interest-free loans with up to $10,000 forgivable if, repaid before December 31, 2022. #smallbusiness #mediumbusiness #ruralbusiness #womeninbusiness

The Throne Speech delivered yesterday provided a preview of how the federal government will continue to support Canadians and businesses during the COVID-19 pandemic. Specific details will follow in the Fall Economic Update. Some of the key measures include: - Extending the Canada Emergency Wage Subsidy until summer 2021; ... - Expanding the Canada Emergency Business Account to help businesses with fixed costs; - Improving the Business Credit Availability Program; - Increasing OAS once a senior turns 75 years of age and boosting the CPP survivor''s benefit; As previously announced, the Canada Emergency Response Benefit will expire October 3, 2020, with recipients then being transitioned to an enhanced Employment Insurance program.

CERB is coming to an end on Sept 28 after which EI eligible workers will transition to EI. Three new benefits were announced today: - Canada Recovery Benefit for self-employed workers ... will provide up to $400 a week for 26 weeks; - Canada Recovery Sickness Benefit will provide workers who are ill or self-isolating due to Covid-19 with $500 per week up to 2 weeks; - Canada Recovery Caregiving Benefit is for workers who must stay home to care for a child under 12 or another dependent because their school, daycare or other day program facility is shut down due to Covid-19. They can access $500 per week for up to 26 weeks per household.

Canadian Emergency Wage Subsidy applications for period 5 (July 5 August 1) are now open. As an eligible employer, if your business experienced any amount of decline in revenues, you will qualify for the subsidy. This means that you can get back a certain portion of your employees' wages. We can help your business navigate through this process. Call: 604-217-6522; Email: [email protected]