Updates on Government Relief Initiatives November 20, 2020
On November 19, 2020, the government passed Bill C-9 into legislation. It enacts the new Canada Emergency Rent Subsidy (CERS) and extends the Canada Emergency Wages Subsidy (CEWS) to June 30, 2021. Both subsidies are determined based on revenue decline, to bring support to those who are suffering from the pandemic.
To assist those affected by the lockdown measures, there is an additional 25% top up on CERS to those businesses who are mandated by the government’s order to shut down or significantly restrict their activities.
Please see our summary of Bill C-9.
The application portal for CERS is open, you may apply online via your CRA My Business Account.
With the recent additional restrictions for Peel Region please note that our office remains open with a rotating staff schedule. We continue to prioritize the health and safety of our staff and clients with enhanced measures. We encourage you to contact us at 905 891 5339 prior to visiting the office to discuss how we can answer any questions virtually. We continue to offer you the ability to provide us with information electronically through our secure portal. Please contact our administration team at email@example.com to arrange.