Posts Categorized: COVID-19

Access to Canada Worker Lockdown Benefit Expanded

Lockdown on Tablet

In October 2021, the federal government announced the creation of a new pandemic benefit, the Canada Worker Lockdown Benefit (CWLB), which was intended to be provided to workers affected by regional public health lockdown orders which closed non-essential businesses for a period of at least 14 days. Changes have been announced which expand the circumstances… Read more »

Home Office Claim Updates

Couple working from home on laptops

On January 18, 2022, CRA released the 2021 versions of forms T2200S Declaration of Conditions of Employment for Working at Home Due to COVID-19 – and T777S Statement of Employment Expenses for Working at Home Due to COVID-19 – Updates include: The temporary flat rate method is now available through 2022. The maximum… Read more »

CEBA Extended Repayment Deadline

Piggy Bank wearing mask

On January 12, 2022 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. Repayment on or before the new deadline of December 31, 2023, will result in loan forgiveness of… Read more »

Ontario Staycation Tax Credit

Welcome to Ontario Sign

Planning a staycation in 2022? You can claim a tax credit if you travel in Ontario this year. Overview The temporary Ontario Staycation Tax Credit for 2022 aims to encourage Ontario families to explore the province. Ontario residents can claim 20% of their eligible 2022 accommodation expenses when filing their personal Income Tax and Benefit… Read more »

CRA Relief for Employee Benefits

Laptop on kitchen counter

In 2020 CRA announced a series of positions in respect of employer-provided benefits relating to commuting and parking costs, as well as computers and home office equipment.  On January 4, 2022 CRA updated their webpage to announce that these positions would be extended to December 31, 2021. CRA clarified that up to $500 in total… Read more »

Tourism & Hospitality Recovery Program

Reserved Sign

The federal government outlined pandemic recovery benefit programs, which focused on provided support to businesses in the economic sectors hit hardest by the pandemic. Among the programs introduced was the Tourism and Hospitality Recovery Program and details of the eligibility requirements for that Program, and the kinds of assistance to be provided, have now been… Read more »

COVID-19 Support Program Updates

On October 21, 2021, the government of Canada made an announcement in respect of the future of various COVID-19 support programs. They include: The general Wage Subsidy (CEWS) and Rent Subsidy (CERS) will expire on October 23, 2021. The Hiring Subsidy (CRHP) will be extended until May 7, 2022 with the subsidy rate to be… Read more »

Update on Canada Emergency Wage Subsidy

Update on CEWS The government extended the Canada Emergency Wage Subsidy to September 25, 2021. The Canada Emergency Wage Subsidy provides support to eligible employers to cover part of their employees’ wages. This subsidy helps employers re-hire workers, helps to prevent further job losses, and keeps employees on payroll at their place of work during… Read more »

Canada Recovery Benefit updates July 2021

Canadian Money

If you are eligible for the Canada Recovery Benefit (CRB), you can receive $1,000 ($900 after taxes withheld) for a 2-week period for up to 21 periods. If you have already applied for 21 periods, or are applying for your first CRB period on or after period 22 (July 18 to 31, 2021), you may receive $600 ($540 after taxes… Read more »

Canada Child Benefit Progress

Dad reading with baby

In the first four years since its implementation, the Canada Child Benefit (CCB) has helped lift nearly 435,000 children out of poverty. Families entitled to the CCB with children under the age of six can expect to receive a bit more money in the bank this year. The Canada Child Benefit (CCB) is a tax-free… Read more »