New COVID-19 Loan Guarantees
Updated 06.02.2021 On January 26, 2021, Finance announced the launch of the Highly Affected Sectors Credit Availability Program or HASCAP. As first outlined in the 2020…
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Health & Wealth
As many of us know, financial stress can impact many areas of our lives. According to the latest chapter of the Financial Stress Index, by FP…
Snowbirds: Insurance Amid COVID
In March, when the virus began its global spread and Canada advised against non-essential travel abroad, travel insurance providers stopped selling COVID-19 medical coverage. Now, several…
CEWS Claim Deadlines
If you missed the deadline for a claim period, you may now ask the CRA to review your late request to apply for the subsidy (or…
Family Income Splitting Loans
If you have any family income splitting loans, it’s important that you make sure that the 2020 interest on these loans is paid to lenders by…
Automobile Allowance Limits
At the beginning of January, finance announced a one-cent decrease for the personal use benefit rates used to compute certain employee taxable benefits for 2021. What…
Taxmas 2020-2021!
Individuals: Canadians who are self-employed without a paid sick leave program may be eligible for the Canada Recovery Sickness Benefit (CRSB). This benefit is available from September…