$2,000/month for 4 months – Canada Emergency Response Benefit to help workers and businesses
About Alto, Chang and Associates Financial Management
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Entries by Alto, Chang and Associates Financial Management
Employment Insurance (EI) sickness benefits provide up to 15 weeks of income replacement and is available to eligible claimants who are unable to work because of illness, injury or quarantine, to allow them time to restore their health and return to work. Canadians quarantined can apply for Employment Insurance (EI) sickness benefits.
We know that clients have questions about the Federal government’s economic response plan, we have included a summary of the information below specifically for business owners and employees.
On March 18th, the Prime Minister, Justin Trudeau, announced a further $82 billion in support including $27 billion in direct support for Canadian workers and businesses. This is in addition to the $20 billion announced days earlier which includes $10 billion available through the Business Development Bank of Canada (BDC) to help small and medium-sized businesses.
On March 13th, the Prime Minister, Justin Trudeau, outlined Canada’s response to COVID-19 including new investments to help protect Canadians and businesses. The total value of an aid package could be up to $20 billion across the country which includes $10 billion available through the Business Development Bank of Canada (BDC) to help small and medium-sized businesses. Here are some details of the programs they are funding:
As a business owner, you have the ability to pay yourself a salary or dividend or a combination of both. In this article and infographic, we will examine the difference between salary and dividends and review the advantages and disadvantages of each.
BC’s Finance Minister Carole James delivered the province’s 2020 budget on February 18, 2020
We examine the difference between RRSP and TFSA in the deposit and withdrawal stage.
The 2019 RRSP Tax Savings Calculator
Financial Calendar for 2020- All the deadlines you need to know to maximize your benefits!
- Small Businesses! Applications for Canada Emergency Commercial Rent Assistance starts May 25thMay 24, 2020 - 1:43 pm
- Expanded eligibility for CEBA $40,000 interest-free loanMay 19, 2020 - 1:44 pm
- Apply starting Friday for Canada Emergency Student Benefit! Help on the way for seniors.May 13, 2020 - 1:51 pm
- Extended! Canada Emergency Wage Subsidy extended beyond JuneMay 8, 2020 - 9:51 am
- Guide to Covid-19: Government Relief Programs in CanadaMay 4, 2020 - 12:16 pm
ACA Financial is an independent financial advisory firm founded on the principle of client-focused advice. Our approach, listening and understanding our clients' unique needs. The result, a clear and mutual understanding and the foundation for all planning considerations. We are committed to demonstrating value by delivering on each client's need for growth, safety, liquidity and cash flow.
LIFE AND HEALTH INSURANCE PRODUCTS ARE PROVIDED BY ACA FINANCIAL. LIFE AND HEALTH INSURANCE PRODUCTS AND SERVICES ARE NOT AVAILABLE THROUGH DESJARDINS FINANCIAL SECURITY INVESTMENTS INC. (DFS INVESTMENTS) NOR ARE THE INSURANCE PLANS OR SERVICES AVAILABLE AND/OR OFFERED SUPERVISED OR REVIEWED BY DFS INVESTMENTS. DFS INVESTMENTS IS THE MUTUAL FUND DEALER THROUGH WHICH MUTUAL FUND PRODUCTS AND SERVICES ARE PROVIDED.