COVID-19 News & Updates

'We are getting close, get ready'-Doug Ford

'We are getting close, get ready': Ontario premier unveils rules for businesses ahead of reopening.
"We are in the path to reopening the economy because that curve is flatting."
"We are getting close, get ready."
The government said the new safety guidelines will provide direction to various industries including retail, health care, manufacturing, tourism, restaurant and food service, offices, construction sites, and transit and transportation services.

Info regarding CERB

Are there any restrictions on how I can use CEBA funds?
The funds from this loan shall only be used by the Borrower to pay non-deferrable operating expenses of the Borrower including, without limitation, payroll, rent, utilities, insurance, property tax and regularly scheduled debt service, and may not be used to fund any payments or expenses such as prepayment/refinancing of existing indebtedness, payments of dividends, distributions and increases in management compensation.

GET READY TO APPLY FOR THE CANADA EMERGENCY WAGE SUBSIDY (CEWS)

Canada Emergency Wage Subsidy: Get Ready To Apply
The Canada Revenue Agency will open the application process on April 27. CEWS claims will be subject to verification by the CRA, therefore the CRA will begin to release funds for approved applications on May 5.
To get ready, the CRA has released instructions on what you need to do, a wage subsidy calculator and enhanced eligibility information.

LINK To WEBINAR-How to cope with the impacts of COVID-19 on your business

*Please note that this webinar was recorded on March 23, 2020*
With the COVID-19 situation constantly evolving, you need to be prepared for any disruptions. 
As part of our ongoing support measures, we’re publishing a webinar with BDC Chief Economist Pierre Cléroux and Alka Sood, Senior Business Advisor, BDC Advisory Services, who share economic perspectives and advice on how to manage your business through the COVID-19 crisis.

Canadian Business Resilience Network

We are in this together. Welcome to the Canadian Business Resilience Network where you’ll find the latest information, tools and resources businesses need to make it through the COVID-19 pandemic.
In partnership with the Government of Canada, the Canadian Chamber of Commerce established the Canadian Business Resilience Network to help Canadian businesses navigate the COVID-19 reality and prepare for recovery.