Categories: Accounting

All clients – CTS – Coping with Financial Damages Caused by Covid-19

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/

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