Monthly Archives: January 2021

Highly Affected Sectors Credit Availability Program

Blue Water Bridges

On January 26, 2021, details of the Highly Affected Sectors Credit Availability Program were announced. Through HASCAP, the Business Development Bank of Canada (BDC) will work with participating Canadian financial institutions to offer government-guaranteed, low-interest loans of up to $1 million. Chains and multiple-location businesses could be eligible for up to $6.25 million. HASCAP is… Read more »

Funding for Small Business Grants

Lockdown on Tablet

Find out if your business is eligible for grants to help with the cost of personal protective equipment, property taxes, energy bills and extra support if you have to close or significantly restrict services because of provincial public health measures. Ontario Small Business Support Grant Helps small businesses that are required to close or significantly… Read more »

2020 Income Tax Guide for Students

Student Studying on Laptop

CRA issues 2020 income tax guide for students Post-secondary students in Canada are eligible for a range of tax credits and deductions, including a tuition tax credit, deductions for moving expenses, and a claim for qualifying student loan interest costs. The Canada Revenue Agency (CRA) publishes a guide for post secondary students – P105, Students and… Read more »