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COVID-19 UPDATE: Filing deadline extensions announced for corporations, trusts

UPDATE: On the heels of the federal government’s announcement this week of penalty deferrals for late T1 filings—which came in addition to a previous extension of the 2019 tax filing deadline to June 1, 2020, all to help Canadians impacted by COVID-19—Ottawa is also granting filing deadline extensions for certain corporations and trusts. Corporations that […]

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Canada Emergency Commercial Rent Assistance

COVID-19: Ottawa announces Canada Emergency Commercial Rent Assistance program

The federal government today confirmed an agreement with the provinces to launch the Canada Emergency…
Canada Emergency Student Benefit

COVID-19: Ottawa launches $9 billion student support program

COVID-19 relief funds continue to flow from Ottawa with yesterday’s announcement of a new Canada…
Taxation Specialists

COVID-19: How to apply for the Canada Emergency Wage Subsidy

The federal government yesterday announced that it would begin accepting applications for the Canada…
Woman working in a factory

COVID-19: Canada Emergency Business Account loan rules eased

The federal government today announced changes to the Canada Emergency Business Account loan program…
Government of Canada benefits

COVID-19: Ottawa enhances Canada Emergency Response Benefit eligibility

Adjustments to new federal relief programs designed to help support Canadians impacted by COVID-19…

COVID-19: Federal government passes Canada Emergency Wage Subsidy legislation

After an extraordinarily compressed timeline for debate and amendment, Bill C-14, the legislation…

Proposed draft changes to the Canada Emergency Wage Subsidy would enhance SME relief

News today that the federal government is, indeed, considering changes to the new Canada Emergency…
Hospital emergency ward

Federal government clarifies CERB eligibility for Canadians seeking COVID-19 relief

By all accounts, today’s rollout of the Canada Emergency Response Benefit (CERB) has gone relatively…
Prime Minister Justin Trudeau

Federal government promises to fill ‘gaps’ in Canada Emergency Wage Subsidy

It’s challenging to design a multibillion-dollar piece of legislation at the best of times. Factor…

Volvo of Mississauga has retained KRP for our corporate and personal accounting services for over 35 years. We have a one-on-one relationship with the people who manage our accounts, many who have been with KRP for years. They know and understand our business and offer creative ideas on how we can grow in new directions.

Robert McMillan
Dealer Principal of Volvo of Mississauga McMillan & Saunders Inc.

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CEBA expansion

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