Articles

As part of our commitment to helping you stay informed about the COVID-19 support programs available from the federal and provincial governments, we will also curate and share content that provides additional insights, perspectives and opinions from some of our business partners and other sources from around the web. This content is the work of … Read more

Originally published July 28, 2020 The following is archived material.  Refer to the federal government for more information. The Canada Revenue Agency (CRA) is once again extending the payment deadline for 2019 individual, corporate, and trust income tax returns, due to the COVID-19 pandemic. The deadline has been extended from Sept. 1 to Sept. 30, … Read more

Originally published March 27, 2020. The following is archived material. Please refer to the federal government for more information.  The federal government introduced a temporary wage subsidy to help businesses keep their employees during the COVID-19 outbreak. The wage subsidy program reduces the amount of payroll deductions some employers are required to remit to the … Read more

Originally published April 29, 2020 The old ways of selling may not work during crisis times. Here are some other ways to attract and keep customers. Running a business isn’t easy — it’s a constant struggle to offer value, and provide reliable service, while remaining financially viable. All small business owners are familiar with the … Read more

Most small business experts agree – cash is king. Having cash in the bank rather than being tied up in inventory or receivables can protect your small business from potential threats. That’s true in the best of circumstances. It’s even more critical during a crisis when the survival of your business may be at stake. … Read more

Originally published April 20, 2020 From better managing cash flows to taking out loans, here are some ideas to keep staff paid. The COVID-19 crisis has forced some companies to close their doors and others to see lucrative contracts cancelled, supply lines dry up and customer demand plummet. Many small businesses are wondering how they … Read more

Originally published on May 8, 2020 By Jennifer Friesen As Canadians grapple with the uncertainty of COVID-19, the economy and our health and safety have become primary concerns to us all. As a result, the food and agriculture industries are paramount while they work to ensure everyone has access to healthy food. The effects of … Read more

Originally published April 21, 2020 When the COVID-19 outbreak was declared a global pandemic and Canadians were encouraged to stay home, Evans Hunt, a Calgary-based digital marketing agency with clients across the country and around the world, was ready to transition to a remote workforce without any significant hiccups. Allard Losier, director of operations at Evans … Read more

Originally published April 16, 2020 By Jennifer Friesen As the world grapples with the ongoing COVID-19 pandemic, people are adjusting to changes in their routines daily – and small business owners are no different. Maintaining cash flow is particularly difficult when transportation routes are disrupted and customers are staying at home to self-isolate. However,  sustaining … Read more

Originally published April 23, 2020 It’s hard enough to manage receivables normally. What about when everyone is struggling? Timely invoicing has always been a critical part of running a business, but with COVID-19 wreaking havoc on company cash flows, getting paid sooner than later could be the difference between staying open or having to close. … Read more