The Federal Government quickly implemented a host of subsidies, payments, accounts, and benefits designed to stimulate the economy and keep businesses afloat during the COVID-19 pandemic. CEWS and CEBA (which we previously covered) are two measures that have been brought in for businesses. What is the CEWS? The Canada Emergency Wage Subsidy is a subsidy…
The Canada Emergency Business Account (CEBA) offers relief measures for small Canadian businesses. It is designed to provide additional capital to small businesses to see them through the current economic disruption and uncertainty caused by the COVID-19 pandemic. You can read more about the CEBA on the Federal Government web page. Eligibility Criteria for the…