April 20, 2021

Finance Minister, Chrystia Freeland, provided some welcoming news for small business owners when she tabled the 2021 Federal Budget yesterday. Here are some of the tax measures that small business owners need to know. (We like to note that the current Liberal government is a minority government, and these measures may not receive royal assent.) […]

Budget 2021 proposes to extend the Canada Emergency Wage Subsidy (CEWS), the Canada Emergency Rent Subsidy (CERS) and the Lockdown Support until September 2021. The subsidy rates would gradually decline over the July-to-September period. Budget 2021 also proposes to provide the government with authority to extend these programs until November 20, 2021, should the economic