Dear Clients:
We would like to inform you of a couple important developments on the Government Assistance.
On the CEBA program of $40,000 interest free loan, they have started taking the applications today. You can only apply online and through the bank you have a business account with.
The wage subsidy program has been split into two, Temporary Wage Subsidy (TWS) and Canada Emergency Wage Subsidy (CEWS)
The former program gets you 10% subsidy and the later one, 75% of the wages you pay.
They have yet to start taking applications on CEWS.
Let us know soon if you need more details on these programs.
Teji Singh, Manager
H&T Accounting Service
T: 905-858-0775
F: 905-858-8645
Web: https://www.handt.ca/