(905) 469 8777

(905) 469 1702

136 Cross Avenue
Oakville, Ontario
L6J 2W6

*Please note: We advise our clients to please send us any information / documents electronically via email due to the current Coronavirus (COVID-19) situation. If unable to, there is a mail slot on your right-hand side when facing our front doors for dropping off physical paperwork. Thank you so much for understanding & keep safe.

 

OTHER MEASURES

TEMPORARY WAGE SUBSIDY

The government announced an up to 75 per cent wage subsidy for qualifying businesses, for up to 3 months, retroactive to March 15, 2020. This will help businesses to keep and return workers to the payroll.

More details on eligibility criteria will start with the impact of COVID-19 on sales, and will be shared shortly.

CANADA EMERGENCY RESPONSE BENEFIT (CERB)

This will provide a benefit of $2,000 a month for up to four months for workers who lose their income as a result of the COVID-19 pandemic. Applications are open as of April 6, 2020.

 

GOODS & SERVICES TAX CREDIT

The Government will provide a one-time special payment by early May 2020 through the GSTC. This will double the maximum annual GSTC payment amounts for the 2019-20 benefit year.

 

CANADA CHILD BENEFIT

The Government increased the maximum annual CCB payment amounts, only for the 2019-20 benefit year, by $300 per child.

 

RRIF MINIMUM WITHDRAWAL

The minimum withdrawals requirement from RRIFs will be reduced by 25% for 2020.