COVID-19

2020 Personal Income Tax: Your Frequently Asked Questions Last updated Feb 11, 2021With all the government programs introduced in 2020, it can be difficult to understand the potential impact these…

Provincial Government Announces Application Process for the BC Recovery Benefit December 16, 2020On Tuesday, December 8th the provincial government announced the finalized details of the BC Recovery Benefit. This benefit…

Federal Government Announces CERS: A New, Targeted Support To Help Businesses Through The Pandemic November 30, 2020 The recently introduced Canada Emergency Rent Subsidy (CERS) will provide rent and mortgage…

New Payment Options for Your Business Year-End October 27, 2020At Provision CPAs, we strive to deliver the highest level of professional service. In order to facilitate this, we are migrating…

CEWS 2.0: The Federal Government's Revisions to the CEWS Program August 20, 2020 The Federal government has recently announced changes to the Canada Emergency Wage Subsidy (CEWS). The revised program,…

Canada's COVID-19 Programs: Business Loans Criteria Expansion & New Rent Assistance Program May 21, 2020 In an effort to widen the support to include more small businesses during the COVID-19…

Step-by-Step Guide to CEWS for Eligible Businesses that have Closed Down with No Revenue April 17, 2020Due to COVID-19, many businesses were forced to lay off some or all of…

Government COVID-19 Relief Programs Frequently Asked Questions Last updated April 17, 2020With the significant amount of information released by our Federal Government along with the periodic revisions and addendums, we…

COVID-19: CRA & BC Updates for the week of March 30, 2020 Last updated: April 1, 2020Over the course of this week, Prime Minister Justin Trudeau will be announcing more…

COVID-19 Action Plan for Businesses: Wage Subsidy, EHT Deferrals, Business Credit Program March 23, 2020As we monitor CRA's response to the COVID-19 pandemic, we have compiled the below three new…