We had a pretty rough month. Being home isolated – especially if you have recently been laid off or lost some revenue and have to take care of kids staying home from school is not easy. We have decided to compile some help that is available to help you through this crisis. 

  • Wage subsidy:75% wage subsidy for businesses with revenue decreases of 15% or more, for up to 3 months, retroactive to March 15, 2020. The subsidy will apply on the first $58,700 of annual salary, or $847/week.
  • Emergency benefit: Taxable benefit of $2,000 a month for up to 4 months to workers who must stop working or working 10 hours or less a week due to COVID-19 and do not have access to paid leave, those who are sick with COVID-19, those taking care of a sick family member, and self-employed individuals, including contract workers.
  • Interest-free loans: Up to $40,000 in interest-free loans to small businesses and not-for-profit companies.
  • Defer tax filing: Businesses can defer the payment of any income tax amounts that become owing on or after today and before September 2020. The government will defer GST, HST, and customs duties until June 30, 2020.
  • Small Business Loans: BDC’s Small Business Loan Up to $100,000 Are you eligible? Canadian-based business Generating revenues for at least 24 months Good credit history You’ve reached the age of majority in the province or territory where you live.
  • Wellness Together Canada: Mental Health and Substance Use Support
  • Facebook will give $100M to small businesses (make sure to register)
  • Google Ads Will Give $340m Credit for SMBs

working from home articles

and if you are like us working home with kids