Tips, Tricks and Taxes
2020 Federal Fall Economic Update
The federal government recently announced some tax changes at their Fall Economic Statement. We have summarized some of the most important items below:
COVID-19 Support
COVID-19 Support
- The government has provided details on period 11 to 13 (covering December 20, 2020 to March 13, 2021) of the Canada Emergency Wage Subsidy (CEWS) including:
- December 3, 2020/Tax
CEWS - CERS Update
The government recently passed into law some changes to the Canada Emergency Wage Subsidy (“CEWS”) including:
• Extending the CEWS program to June 2021.
• Providing a maximum subsidy for period 8-10 (October to December) of 65% of wages paid up to $1,129 per employee per week (40% base subsidy + 25% top-up subsidy). Details for Period 11 – 17 (January to June 2021) have not been released.
•  ...
November 20, 2020
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