Articles

The following is archived material.  Refer to the federal government for more information. The Canada Emergency Commercial Rent Assistance Program has now ended.  It has been replaced with the Canada Emergency Rent Subsidy Program.  Information provided here is for informational purposes only. Rent relief is available for small businesses and commercial property owners through the … Read more

Did your business take advantage of federal COVID-19 programs in 2020? If so, questions are likely racing through your mind about the tax implications of receiving benefits from the various programs. What do you need to report as income on your 2020 tax return? Will you have to pay additional tax on the emergency benefit … Read more

Originally published March 27, 2020. The following is archived material. Please refer to the Government of Nova Scotia for additional information.  The province has announced new programs for business owners experiencing economic hardship because of COVID-19. The province is releasing updates on their website. We will provide you with more information as soon as it’s … Read more

Originally published on March 29, 2020.  The following is archived material. Please refer to the Government of British Columbia for additional information. The B.C. government introduced a $5-billion aid package to support employees and businesses during the COVID-19 pandemic. The plan includes $2.8 billion in support for individuals and services, and $2.2 billion for businesses. … Read more

Originally published March 30, 2020. The following is archived material. Please refer to the Government of Saskatchewan for additional information.  The Saskatchewan government announced a financial support plan for businesses and individuals impacted by COVID-19. While many of the details about eligibility and application processes haven’t been released, here is a summary of the initiatives … Read more

Originally published March 27, 2020. The following is archived material. Please refer to the Government of New Brunswick for additional information.   The Government of New Brunswick has announced new programs for business owners experiencing economic hardship because of COVID-19. Deferring Interest and Principal Payments on Existing Loans On a case-by-case basis, the Government of New … Read more

Originally posted March 20, 2020. The following is archived material. Please refer to the Government of Alberta for more information.  If you are an employer in Alberta, you may have heard the province is offering several supports for people impacted by COVID-19. FBC has read through the announcements and provided a summary for employers. Read … Read more

Originally published March 30, 2020.  The following is archived material. Please refer to the Government of Alberta for additional information. The Alberta government announced several supports for people impacted financially by COVID-19. While many of the details about eligibility and application processes haven’t been released, here is a summary of the initiatives that may help … Read more

Originally published March 29, 2020.  The following is archived material. Please refer to the Government of Manitoba for additional information.  FBC has reviewed the announcements from the Manitoba government and prepared a brief summary of information that may impact you as a business owner. Manitoba Gap Protection Plan UPDATE: Applications for this program are no … Read more

Originally published on March 27, 2020. The following is archived material. Please refer to the federal government for more information. The government’s measures for business are clearly still taking shape and more detail is expected in the days to come. Nonetheless, the government has outlined in broad strokes how it intends to approach the task … Read more