UPDATE REGARDING COVID-19
NOVEMBER 1, 2020
The Federal and Provincial Governments continue with regular announcements regarding the current Covid-19 situation and how it affects taxpayers. We are staying on top of the daily information and remain ready to answer any questions you may have. This update is current to November 1, 2020 11am. Please consult the Government web pages for up to date information.
We want to thank all of our clients who have sent in their information electronically or limited office visits to drop off and pick-up only. We know that this can be a challenge but the safety of all our clients and staff must come first. Fortunately, all of our staff remain healthy and we do not know of any clients that have contracted the virus.
While some of our staff continue to work from home, the office remains open to receive your information. If you choose to drop your information off personally, please make use of our hand sanitizer and practice social distancing conventions as best you can. If you would like to send us files electronically you can use our secure portal, this can be arranged by emailing Kristi Spence at kspence@bandp.ca or by calling the office at (204) 831-1700.
Some of the measures that the Government announced can be found at CRA’s website listed below and include:
Federal Programs – Businesses
Canada Emergency Wage Subsidy (CEWS)
The wage subsidy can offer direct support for employers who have experienced a drop in revenue. Follow this link for details.
https://www.canada.ca/en/revenue-agency/services/subsidy/emergency-wage-subsidy.html
Canada Emergency Business Account (CEBA)
The CEBA provides interest-free loans to small businesses and not for profits. A portion is forgiven if the balance is paid off by a certain date. Follow this link for details.
Rent Assistance
The original rent assistance program requires co-operation between the land lord and the tenant. The program has ended.
A new rent assistance program was announced October 8, 2020. This program will provide direct assistance to the tenant. Follow this link for details
Other Federal Supports
Follow this link for the complete list of federal supports
https://www.canada.ca/en/department-finance/economic-response-plan.html
Provincial Programs (Manitoba) – Businesses
Back to Work in Manitoba Wage Subsidy
Provides a portion of wages for employees hired or rehired after July 16, 2020. Follow this link for details.
https://www.gov.mb.ca/covid19/restartmb/btwmp.html
Manitoba Gap Protection Program (MGPP)
Provides an interest free, forgivable loan to eligible Manitoba small and medium-sized businesses. Follow this link for details.
https://www.gov.mb.ca/covid19/protection/mgpp.html
Federal Programs – Individuals
Canada Emergency Response Benefit (CERB)
Provides direct financial support to individuals. While the program has ended, retroactive applications will be accepted until December 2, 2020. Follow this link for details.
https://www.canada.ca/en/revenue-agency/services/benefits/apply-for-cerb-with-cra.html
Canada Recovery Benefit (CRB)
This program replaces the CERB. The CRB provides direct financial support to individuals. Follow this link for details.
https://www.canada.ca/en/revenue-agency/services/benefits/recovery-benefit/crb-how-apply.html
Canada Recovery Sickness Benefit (CRSB)
Provides direct financial support to qualifying individuals unable to work due to COVID-19. Follow this link for details.
Canada Recovery Caregiving Benefit (CRCB)
Provides direct financial support to qualifying individuals caring for others and unable to work due to COVID-19. Follow this link for details.
Mortgage Payment Deferral
The most up to date information from information can be found at the following links:
https://www.cmhc-schl.gc.ca/en/finance-and-investing/mortgage-loan-insurance/the-resource/covid19-understanding-mortgage-payment-deferral