Blog – Skye Planning Group Inc.

Small Businesses! Applications for Canada Emergency Commercial Rent Assistance starts May 25th

May 24, 2020

The Application portal for the Canada Emergency Commercial Rent Assistance (CECRA) opens at 8:00am EST on May 25th

Expanded eligibility for CEBA $40,000 interest-free loan

May 19, 2020

The Prime Minister outlined the expanded eligibility for the Canada Emergency Business Account and highlighted companies such as hair salon owners, independent gym owners with contracted trainers and local physio businesses will now be eligible. "If you are the sole owner-operator of a business, if your business relies on contractors, or if you have a family-owned business and you pay employees through dividends, you will now qualify." - PM Justin Trudeau

Apply starting Friday for Canada Emergency Student Benefit! Help on the way for seniors.

May 13, 2020

The Canada Emergency Student Benefit (CESB) provides financial support to post-secondary students, and recent post-secondary and high school graduates who are unable to find work due to COVID-19.

Extended! Canada Emergency Wage Subsidy extended beyond June

May 8, 2020

On May 8th, Prime Minister Justin Trudeau announced that they will extend the Canada Emergency Wage Subsidy (CEWS) beyond June.

Guide to Covid-19: Government Relief Programs in Canada

May 3, 2020

The intention for our "Guide to Covid-19: Government Relief Programs in Canada” is to help businesses and individuals to cut through the noise and make sure they’re getting all the help they can receive from the federal and provincial programs.

75% Commercial Rent Assistance Program

April 24, 2020

On April 24th, the Federal Government in partnership with the provinces and territories unveiled the Canada Emergency Commercial Rent Assistance which provides rent relief to businesses.

Canada Emergency Student Benefit: Students will be eligible for $1,250 a month from May through August

April 22, 2020

Great news for students worried about financially making ends meet. Prime Minister Justin Trudeau announced the Canada Emergency Student Benefit which provides $1,250/month from May through August or $1,750/month for those taking care of someone else or have a disability. For students looking to volunteer to help fight COVID-19, the Canada Student Service Grant provides $1,000 to $5,000

Apply for Canada Emergency Wage Subsidy starting April 27th | Calculate your subsidy

April 21, 2020

On April 21st, Prime Minister Justin Trudeau announced that the Canada Revenue Agency will accept applications for the Canada Emergency Wage Subsidy (CEWS) starting Monday, April 27th. This new measure gives qualifying employers up to $847 per employee each week so they can keep people on the payroll.

New Canada Emergency Commercial Rent Assistance | Canada Emergency Business Account Expanded

April 16, 2020

On April 16th, Prime Minister Justin Trudeau announced support for to help small businesses with their rent for the months of April, May and June. The program is being worked out with the provinces and more details will be available shortly.

Expanded eligibility for Canada Emergency Response Benefit (CERB) & Boosted wages for Essential Workers

April 15, 2020

Prime Minister Justin Trudeau announced: "Today, we're announcing more help for more Canadians. This includes topping up the pay of essential workers. At the same time, we'll also be expanding the Canada Emergency Response Benefit to reach people who are earning some income as well as seasonal workers who are facing no jobs and for those who have run out of EI recently. Expanding the CERB to include people who earn up to $1,000 per month. Maybe you're a volunteer firefighter, or a contractor who can pickup some shifts, or you have a part-time job in a grocery store."

Saskatchewan Small Business Emergency Payment - up to $5,000 for business

April 13, 2020

The Saskatchewan Small Business Emergency Payment program provides up to $5,000 in financial assistance to small businesses in Saskatchewan that have been ordered to temporarily close or significantly curtail operations during the public emergency period due to a public health order to help control transmission of COVID-19.

Applications for the Canada Emergency Business Account starts TODAY!

April 9, 2020

The new Canada Emergency Business Account (CEBA) is available starting TODAY and is available through major banking institutions. The CEBA will provide qualifying businesses an interest-free loans of up to $40,000 until December 31, 2022.

Rules changed to allow more struggling business owners access to CERB, Wage Subsidy. Summer jobs program increased to 100%

April 8, 2020

A big win today for some small business owners who previously did not qualify for the $500/week Canada Emergency Response Benefit (CERB) or the 75% Canada Emergency Wage Subsidy (CEWS).

Accepting Applications starting April 6th - Canada Emergency Response Benefit (CERB)

April 5, 2020

The sheer volume of applications for the Canada Emergency Response Benefit (CERB) will likely overwhelm the system. If you or someone you know need to apply for this benefit, we suggest you prepare TODAY before the applications begin: Double check your myCRA account username and password Setup Direct Deposit with CRA

Saskatoon: SREDA SMALL BUSINESS EMERGENCY CONTINUITY GRANT PROGRAM

April 2, 2020

Helping small businesses that are experiencing significant financial challenges due to the COVID-19 pandemic Grants of up to $5,000 to small businesses located in the Saskatoon Region Application deadline: April 6, 2020 at 12:00 p.m.

Tax Loss Selling

April 1, 2020

Over the last few weeks, the financial market has taken a downturn amidst fears over Coronavirus. Understandably, you are concerned with your portfolio, it’s important to stay level-headed to avoid making financial missteps. However, staying level-headed doesn’t necessarily mean you sit there and do nothing. In fact, one consideration you can look is taking an active tax management approach. Tax loss selling is a strategy to crystallize or realize any capital losses in your non-registered accounts so it can be used to offset any capital gains.

Do I Qualify for the Canada Emergency Response Benefit & EI?

March 30, 2020

To help Canadians through this difficult time, the Federal Government created the Canada Emergency Response Benefit (CERB) and made changes to the Employment Insurance Program (EI). For those whose employment has affected by the Coronavirus, we have created a chart to help you figure out which program you qualify for and provide links to apply for each program.

Help for Small/Medium Businesses & Entrepreneurs - 75% wage subsidy, $40,000 interest-free loan & more

March 27, 2020

March 27, 2019 - Prime Minister Justin Trudeau announced programs and measures focused on helping Small & Medium Sized Businesses and Entrepreneurs cope with the economic consequences caused by the COVID-19 pandemic. “With these new measures, our hope is that employers being pushed to laying off people due to COVID-19 will think again,” Trudeau said. “And for those of you who have already had to lay off workers, we hope you will re-hire them.”

Canada Emergency Response Benefit to help workers and businesses

March 25, 2020

$2,000/month for 4 months - Canada Emergency Response Benefit to help workers and businesses

How to apply for EI benefits for COVID-19 quarantines and other support programs

March 19, 2020

Employment Insurance (EI) sickness benefits provide up to 15 weeks of income replacement and is available to eligible claimants who are unable to work because of illness, injury or quarantine, to allow them time to restore their health and return to work. Canadians quarantined can apply for Employment Insurance (EI) sickness benefits.

Support for Business Owners and Employees Covid 19

March 19, 2020

We know that clients have questions about the Federal government's economic response plan, we have included a summary of the information below specifically for business owners and employees.

Intro

Happy Thanksgiving

Fall 2018 Update- Wealthsimple

The Duties Of An Executor

September 29, 2018

An executor is an individual or institution that is named in a will whose duty is to distribute estate assets according to the testator’s wishes. Acting as an executor can be stressful and time consuming so it is a good idea for a testator to make his or her choice wisely, and for someone who is asked to be an executor to investigate and review exactly what the job entails.

News

News

Small Businesses! Applications for Canada Emergency Commercial Rent Assistance starts May 25th

Expanded eligibility for CEBA $40,000 interest-free loan

Apply starting Friday for Canada Emergency Student Benefit! Help on the way for seniors.

Extended! Canada Emergency Wage Subsidy extended beyond June

Guide to Covid-19: Government Relief Programs in Canada

75% Commercial Rent Assistance Program

Canada Emergency Student Benefit: Students will be eligible for $1,250 a month from May through August

Apply for Canada Emergency Wage Subsidy starting April 27th | Calculate your subsidy

New Canada Emergency Commercial Rent Assistance | Canada Emergency Business Account Expanded

Expanded eligibility for Canada Emergency Response Benefit (CERB) & Boosted wages for Essential Workers

Saskatchewan Small Business Emergency Payment - up to $5,000 for business

Applications for the Canada Emergency Business Account starts TODAY!

Rules changed to allow more struggling business owners access to CERB, Wage Subsidy. Summer jobs program increased to 100%

Accepting Applications starting April 6th - Canada Emergency Response Benefit (CERB)

Saskatoon: SREDA SMALL BUSINESS EMERGENCY CONTINUITY GRANT PROGRAM

Tax Loss Selling

Do I Qualify for the Canada Emergency Response Benefit & EI?

Help for Small/Medium Businesses & Entrepreneurs - 75% wage subsidy, $40,000 interest-free loan & more

Canada Emergency Response Benefit to help workers and businesses

How to apply for EI benefits for COVID-19 quarantines and other support programs

Support for Business Owners and Employees Covid 19

Intro

Happy Thanksgiving

Fall 2018 Update- Wealthsimple

The Duties Of An Executor

Get in Touch

Latest News