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COVID-19: Updated Federal Response for Small Businesses and Entrepreneurs
On March 27, 2020, the Prime Minister of Canada announced significant changes to their economic package to help small businesses and entrepreneurs. We are closely following the recent changes announced and we plan to provide more specific details as soon as possible. Here is what we know so far: The Wage […]
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Canada’s COVID-19 Economic Response Plan: Support for Canadians and Businesses
On March 18, 2020 the Government of Canada announced significant proposed measures to combat the financial difficulty caused by the current crisis. A summary of the Canada Revenue Agency’s explanation of the changes can be reviewed here: Canada’s COVID-19 Economic Response for Businesses. Please note that details on how you can sign […]
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NEW: EFFECTIVE JUNE 13, 2019 COMPANIES MUST MAINTAIN A REGISTER OF INDIVIDUALS WITH “SIGNIFICANT CONTROL” OF THE CORPORATION
New laws have come into force effective June 13, 2019 which require for all federally incorporated companies in Canada to maintain a register disclosing the list of individuals who exercise significant control over the corporation. Similar regulations are in the final stages of being drafted in most provinces for […]