What is the Underused Housing Tax? New this tax season is the Underused Housing Tax (UHT) return Where you, or your corporation, own or have interest in a residential property located in Canada, you may have a new Underused Housing Tax (UHT) return to file by April 30, 2023. This filing is separate from any […]
Over 1 million dollars in CEWS benefits received by CBMCA clients CBM has been continuously working to provide support you to you, our clients during these extraordinary times. To date, we have been able to assist employers in receiving over $1,000,000 in support through the Canada Emergency Wage Subsidy (CEWs). These payouts have occurred in the first four […]
Canada Emergency Wage Subsidy (CEWS) As a Canadian employer whose business has been affected by COVID-19, you may be eligible for a subsidy of 75% of employee wages for up to 12 weeks, retroactive from March 15, 2020, to June 6, 2020. This wage subsidy will enable you to re-hire workers previously laid off as […]
An adjustment program designed to help employers and employees avoid layoffs when there is a temporary reduction in the normal level of business activity that is beyond the control of the employer has been extended from 38 weeks to 76 weeks.
Work-Sharing (WS) is an adjustment program designed to help employers and employees avoid layoffs when there is a temporary reduction in the normal level of business activity that is beyond the control of the employer. The measure provides income support to employees eligible for Employment Insurance benefits who work a temporarily reduced work week while their employer recovers.
The Government of Canada is taking immediate, significant and decisive action to help Canadians facing hardship as a result of the COVID-19 outbreak.
On March 18, 2020, the Prime Minister announced a new set of economic measures to help stabilize the economy during this challenging period. These measures, delivered as part of the Government of Canada’s COVID-19 Economic Response Plan, will provide up to $27 billion in direct support to Canadian workers and businesses.
1. What is the Temporary Wage Subsidy for Employers? The Temporary Wage Subsidy for Employers is a three-month measure that will allow eligible employers to reduce the amount of payroll deductions required to be remitted to the Canada Revenue Agency (CRA). 2. Which employers are eligible? You are an eligible employer if you: are a non-profit […]