Federal budget extends Covid support for businesses

Author: External Author | | Categories: Expatriate Income Tax Advisor , Income Tax Accountant , Tax Accountant

In the federal budget on Monday, the Liberal government extended current business support programs and introduced a new hiring program. The feds also proposed a $15 federal minimum wage.

The budget proposed extending to Sept. 25 the Canada Emergency Wage Subsidy (CEWS), and the Canada Emergency Rent Subsidy (CERS) and its lockdown top-up. (The budget also proposed adding additional qualifying periods for these supports until Nov. 20, 2021, if required.)

Original Article Source Credits:   Advisor's Edge , https://www.advisor.ca/

Article Written By:  Michelle Schriver, Tara Deschamps, The Canadian Press

Original Article Posted on:  April 19, 2021

Link to Original Article:  https://www.advisor.ca/news/industry-news/federal-budget-extends-covid-support-for-biz/

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