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Category: 2020 Only

CEBA extended to October 31st. Expanded to include more businesses.

September 1, 20202020 Only, Blog, Coronavirus, Coronavirus - Practice Owners, DebtEric Lidemark

On August 31st, Deputy Prime Minister and Minister of Finance Chrystia Freeland announced the extension of the Canada Emergency Business Account (CEBA) to October 31st, 2020. This will give small businesses 2 additional months to apply for the $40,000 loan.

In addition, the Federal Government said it was working with financial institutions to make the CEBA program available to those with qualifying payroll or non-deferrable expenses that have so far been unable to apply due to not operating from a business banking account.

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Details of the EXPANDED Canada Emergency Wage Subsidy

August 12, 20202020 Only, Blog, Coronavirus, Coronavirus - Practice OwnersEric Lidemark

On August 11th, the Government of Canada updated the calculator and Canada.ca with the changes to the Canada Emergency Wage Subsidy (CEWS).

If you’re a business owner who has suffered losses as a result of COVID-19 and did NOT qualify previously for CEWS, you may now qualify.

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Small Businesses! Applications for Canada Emergency Commercial Rent Assistance starts May 25th

May 24, 20202020 Only, Blog, Business Owners, Coronavirus, Coronavirus - Practice Owners, corporateEric Lidemark

The Application portal for the Canada Emergency Commercial Rent Assistance (CECRA) opens at 8:00am EST on May 25th

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Apply starting Friday for Canada Emergency Student Benefit! Help on the way for seniors.

May 13, 20202020 Only, Blog, Coronavirus, Coronavirus - Retired, Coronavirus - Students, RetirementEric Lidemark

The Canada Emergency Student Benefit (CESB) provides financial support to post-secondary students, and recent post-secondary and high school graduates who are unable to find work due to COVID-19.

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Extended! Canada Emergency Wage Subsidy extended beyond June

May 8, 20202020 Only, Blog, Business Owners, Coronavirus, Coronavirus - Practice OwnersEric Lidemark

On May 8th, Prime Minister Justin Trudeau announced that they will extend the Canada Emergency Wage Subsidy (CEWS) beyond June.

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Recent Posts

  • July/August COMMENT Newsletter
  • Extended COVID-19 Federal Emergency Benefits
  • Self-employed: Government of Canada addresses CERB repayments for some ineligible self-employed recipients
  • Government of Canada to allow up to $400 for home office expenses
  • Highlights of the 2020 Federal Fall Economic Statement | Additional $20,000 CEBA loan available now

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Contact Us

Eric Lidemark CLU, CFP, CHS
Lidemark Financial Group Inc.
eric@lidemark.ca
Office: (604)538-6565
Cell: (604)351-4507
#130-2655 King George Blvd.
Surrey, BC V4P 1H7

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Statement of Commitment to Clients: My commitment to you is to act with the care and diligence of a reasonable and prudent person conducting his or her own financial affairs. Statement of Financial Advisor Role: We believe our best tool is the ability to ask questions. While financial problems may be complex, the solutions often are not. There is strength in simplicity for most clients.

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