Employers are reminded that January 31, 2021 is the deadline to file a CEWS application for the initial qualifying periods or to amend any elections previously made in respect of those periods.
As background, to qualify for the CEWS an…
In light of the hardships posed by COVID-19, the BC Ministry of Finance has extended the time limits for filing appeals to the Minister for appeals due on or after March 18, 2020 but before January 5, 2021, until…
On November 26, 2020, the Tax Court of Canada cancelled all in-person judicial sittings scheduled between November 30, 2020 and January 15, 2021 (other than select sittings underway which conclude the week of November 30th). All parties affected by this…
On November 2, 2020, Parliament tabled Bill C-9 which, among other things, proposes to further extend and revise the Canada Emergency Wage Subsidy (CEWS) program. The proposals are in addition to the extensive CEWS revisions enacted on July 27, 2020;…
On October 9, 2020, the B.C. government announced a new Small and Medium-Sized Business Recovery Grant program. The program will provide up to $300 million to B.C. businesses that experienced a 70% revenue loss during March and April 2020,…
On October 14, 2020, the Department of Finance released a backgrounder providing additional details on the proposed extension to the Canada Emergency Wage Subsidy (the “CEWS”) program, as first announced in the Speech from the Throne. Read our detailed…
Authored by St. John McCloskey
The B.C. government has declared that the substantive provisions of the Land Owner Transparency Act (“LOTA”) will largely come into force on November 30, 2020. First announced in June 2018, and enacted into law in…
On September 17, 2020, the government of British Columbia announced that it would introduce the B.C. Increased Employment Incentive (BCIEI). The BCIEI is a refundable tax credit with criteria similar to the federal Canada Emergency Wage Subsidy (CEWS); see…
The Minister of National Revenue (the “Minister”) recently issued orders pursuant to the Time Limits and Other Periods Act (COVID-19) (the “Act”), extending certain time periods under the Income Tax Act (“ITA”) and Excise Tax Act (“ETA”).
Most importantly, the…
In order to align with the Time Limits and Other Periods Act (COVID-19) (the “Act”) which came into force on July 27, 2020, the Tax Court of Canada has extended its previously announced suspension period from 173 days to 185…