Training and development are essential for businesses to ensure that their employees are equipped with the necessary skills and knowledge to succeed in their roles and contribute to the growth of the organization. However, providing training can be costly, and employers often struggle with how to compensate their employees for attending training sessions. Generally, employers...
Overtime pay is an important aspect of employment in Ontario, where employees are entitled to be paid extra for any hours worked beyond the regular work hours. As an employer, it’s your job to ensure employees’ work times are following the hours of work rules outlined in the Employment Standards Act (ESA). In this article, we will...
To help tourism and hospitality businesses recuperate from the economic impact of the COVID-19 pandemic, the Ontario government is offering the temporary Ontario Staycation Tax Credit for 2022. Ontario Staycation Tax Credit 2022 This measure provides indirect relief to Ontario businesses by encouraging Ontario residents to travel within their province. This temporary, personal income tax...
To navigate the financial setbacks and challenges created by the COVID-19 pandemic, the BC government has launched several relief programs for small and medium businesses. This blog provides information on the current BC government grants for small businesses. BC Employer Training Grant Program This program provides skills training to fill the gaps in the provincial...
*Blog update: Please note that applications for the private sector are now closed. The Alberta government has extended the deadline to apply to the Critical Worker Benefit Program until August 31, 2021. Thousands of critical service workers have made it possible for Canadians to stay safe and receive the care and critical services they need...
Black Canadian business owners and entrepreneurs can now apply to a new loan program. The Black Entrepreneurship Loan Fund provides loans up to $250,000 to Black business owners and entrepreneurs across Canada. The program opened for application on May 31, 2021. The Black Entrepreneurship Loan Fund is a partnership between the Government of Canada, Black-led...
On April 19, 2021, Deputy Prime Minister and Finance Minister Chrystia Freeland delivered Canada’s 2021 federal budget. The budget provides more supports for small to mid-sized businesses that have struggled due to the COVID-19 pandemic. With over $100 billion in new spending, the budget will aid in bringing some economic recovery for the country. This...
*Blog update: Applications are no longer being accepted. The federal government’s Regional Relief and Recovery Fund (RRRF) provides financial support to businesses affected by the COVID-19 pandemic. The Fund is available to businesses that applied to other COVID-19 relief programs and were unsuccessful. Or that received support but are still experiencing financial hardship. Those eligible can...
The Regional Relief and Recovery Fund (RRRF) has been set up by the federal government to provide financial help to businesses affected by the COVID-19 pandemic. Eligible businesses and organizations can access these funds through their provincial regional development agencies and the Community Futures Network of Canada. This blog provides details on the RRRF loans provided...
*Please note that this program closed for applications on July 30, 2021. To learn about the latest Ontario government financial relief programs for small businesses, please refer to our blog here. In November 2020, public health units in Ontario were divided into five levels based on their COVID-19 case numbers. These are: Green-Prevent, Yellow-Protect, Orange-Restrict,...
