Earlier this month, the government announced that the repayment deadline for CEBA loans to qualify for partial loan forgiveness is being extended from December 31, 2022, to December 31, 2023, for all eligible borrowers in good standing. This extension will support short-term economic recovery and offer greater repayment flexibility to small businesses and not-for-profit organizations,… Read More
The You First Blog
Canada’s 44th federal election has come and gone, and little has changed. The Liberal party won 158 seats (170 seats were needed for a majority), and another minority mandate. In order to pass any legislation, a majority vote in the House of Commons is required; thus, the Liberals require buy-in from one of the Bloc,… Read More
We have updates for you on the BC Recovery Benefit, as well as the Canada Emergency Business Account (CEBA). BC Recovery Benefit Yesterday, the BC Government issued a release to clarify details surrounding the BC Recovery Benefit. Beginning December 18, 2020, British Columbians will be able to apply for the BC Recovery Benefit. Eligibility criteria… Read More