Since the beginning of March, restrictions and measures related to COVID-19 have rapidly escalated. On March 18, 2020, the Government of Canada announced a series of measures designed to support the finances of individuals, businesses, charities, and non-profit organizations. Since then, on an almost daily basis, new possibilities have been introduced, and old ones have been adjusted.
This document aims to provide a consolidated summary of support in their most current state of affairs, as of April 8, 2020.
Since the beginning of March, restrictions and measures related to COVID-19 have rapidly escalated. While the first stages focused on public health and safety, in very short order, businesses and personal finances began to be affected. It is clear that these challenges will become worse before they get better. In an effort to combat these effects, the Government of Canada released a series of financial measures in mid-March.
This document summarizes selected government comments up to March 18, 2020.
We would like to inform our clients that we will be closed from December 23, 2019, to January 1, 2020. We will resume our regular hours on January 2, 2020.
If you’re kicking off a new business venture, managing your finances can become a tedious task. It gets even trickier when you have limited knowledge about accounting. Fortunately, you have Chartered Professional Accountants (CPAs) who can handle challenging accounting and tax-related issues and advise you to make better financial decisions.
