https://hfin.ca/wp-content/uploads/2020/09/CEBA_extended_to_Oct_31_and_expanded@2x.png 640 1000 Heuchert Financial https://hfin.ca/wp-content/uploads/2020/05/heuchertLogo.png Heuchert Financial2020-09-01 16:44:542020-09-01 17:10:29CEBA extended to October 31st. Expanded to include more businesses.
On August 31st, Deputy Prime Minister and Minister of Finance Chrystia Freeland announced the extension of the Canada Emergency Business Account (CEBA) to October 31st, 2020. This will give small businesses 2 additional months to apply for the $40,000 loan. In addition, the Federal Government said it was working with financial institutions to make the CEBA program available to those with qualifying payroll or non-deferrable expenses that have so far been unable to apply due to not operating from a business banking account.
https://hfin.ca/wp-content/uploads/2020/08/Details_expanded_CEWS-500px.png 320 500 Heuchert Financial https://hfin.ca/wp-content/uploads/2020/05/heuchertLogo.png Heuchert Financial2020-08-12 15:46:592020-08-12 16:06:35Details of the EXPANDED Canada Emergency Wage Subsidy
On August 11th, the Government of Canada updated the calculator and Canada.ca with the changes to the Canada Emergency Wage Subsidy (CEWS). If you're a business owner who has suffered losses as a result of COVID-19 and did NOT qualify previously for CEWS, you may now qualify.