Hello world!
Recovery19.ca
by ANNAvida
1y ago
Welcome to WordPress. This is your first post. Edit or delete it, then start writing ..read more
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Canada Recovery Hiring Program (CRHP)
Recovery19.ca
by Bradleymh
2y ago
Canada Recovery Hiring Program (CRHP) As a Canadian employer who continues to be impacted by the COVID-19 pandemic, you may be eligible to apply for one of the two subsidies to cover part of your employee wages. The CRHP and the Canada Emergency Wage Subsidy (CEWS) support wages you pay through different phases of your economic recovery. Each claim period, eligible employers can claim either CRHP or CEWS, whichever is higher. Next deadline December 30, 2021: Last day to apply for claim period 17 Next period opens November 1, 2021: First day you can apply for claim period 21 Sections ..read more
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Canada Emergency Rent Subsidy (CERS)
Recovery19.ca
by Bradleymh
2y ago
Canada Emergency Rent Subsidy (CERS) Canadian businesses, non-profit organizations, or charities who have seen a drop in revenue during the COVID-19 pandemic may be eligible for a subsidy to cover part of their commercial rent or property expenses, starting on September 27, 2020, until October 23, 2021. This subsidy will provide payments directly to qualifying renters and property owners, without requiring the participation of landlords. If you are eligible for the base subsidy, you may also be eligible for lockdown support if y ..read more
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Is it time to search for bond alternatives for your balanced portfolio?
Recovery19.ca
by Bradleymh
2y ago
I was recently warned by someone in the financial sector that it’s not a great time to invest in bond ETFs. My current asset allocation is 60% equities and 40% bonds, so I’m wondering what alternatives would you suggest for that 40% portion of my balanced portfolio? At first I considered real estate income trust (REIT) ETFs, but read they should be considered equity investments. Then I thought about mortgage-backed security (MBS) ETFs. but there seems to be only one in Canada (ZMBS) and its performance doesn’t seem all that impressive. I’m kind of at a standstill as I decide how to invest that ..read more
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Air Force general is second woman to lead a top US command
Recovery19.ca
by Bradleymh
2y ago
WASHINGTON (AP) — Air Force Gen. Jacqueline Van Ovost on Friday became only the second woman to lead one of the Pentagon’s 11 so-called combatant commands, the multi-service organizations that spearhead U.S. military operations around the world. At a change-of-command ceremony at Scott Air Force Base in Illinois, Defense Secretary Lloyd Austin applauded Van Ovost’s historic rise to lead U.S. Transportation Command. He called her a “legend of a leader,” a pilot by training and a pivotal player in the airlift of tens of thousands of evacuees from Kabul in August. She helped orchestrate the air ..read more
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Ghost Tower: Climbing Bangkok’s Abandoned Skyscraper
Recovery19.ca
by Bradleymh
2y ago
August 16, 2021 Update regarding communications during the federal election period Please note that, with a federal election underway, a number of Elections Canada regulations are now in full force until the end of polling day (September 20), when Canadians vote. During the election period, these rules will have a direct impact on CPA Canada’s online content in relation to government or policy issues. As a result, we may not be able to communicate in the manner to which you have become accustomed. August 3, 2021 ..read more
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More information on July 30 Finance Canada support programs announcement
Recovery19.ca
by Bradleymh
2y ago
In its July 30 announcement, Finance Canada introduced a change that will deal with a technical issue related to the revenue decline calculation for employers that are using the general approach for the Canada Recovery Hiring Program (CRHP), Canada Emergency Wage Subsidy (CEWS) and the Canada Emergency Rent Subsidy (CERS). The issue was discussed in our recent webinar with the CRA on the CRHP. Under the general approach, an employer compares its current revenue with the same period before the pandemic. Once an approach is picked in period 5, then the employer must follow this approac ..read more
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Canadian tax news and COVID-19 updates archive
Recovery19.ca
by Bradleymh
2y ago
AUGUST 2021 August 16, 2021 Update regarding communications during the federal election period Please note that, with a federal election underway, a number of Elections Canada regulations are now in full force until the end of polling day (September 20), when Canadians vote. During the election period, these rules will have a direct impact on CPA Canada’s online content in relation to government or policy issues. As a result, we may not be able to communicate in the manner to which you have become accustomed. August 3, 2021 More information on July 30 Finance Canada support programs ..read more
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Watch now: Canada Recovery Hiring Program (CRHP) webinar
Recovery19.ca
by Bradleymh
2y ago
July 27, 2021 CPA Canada co-hosted this webinar with the CRA focusing on the CRHP. During the webinar, the CRA provides an overview of the program and demonstrates their online CHRP tools and application portal. In addition, the CRA responded to some of the top questions that CPA Canada received on the CRHP. July 26, 2021 CRA publishes guidance on remission review requests The CRA has recently published guidance on its existing process for requesting a remission review, including information on: when to request a remission review how to make a request what happens after making ..read more
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CRA tax deadline summary revised
Recovery19.ca
by Bradleymh
2y ago
Further to our May 28 tax deadline webinar and May 29 tax blog, the Canada Revenue Agency (CRA) has updated their tax deadline summary to clarify some uncertainties that they had previously confirmed with us. In particular, the CRA page now states: For T2 corporate returns: For returns otherwise due after March 18 and before May 31, 2020, these are due June 1, 2020. For returns otherwise due on May 31, or in June, July, or August 2020, these are due September 1, 2020. For T3 trust returns: For returns otherwise due after March 30 and before May 31, 2020, these are ..read more
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