Saskatoon: SREDA SMALL BUSINESS EMERGENCY CONTINUITY GRANT PROGRAM

Helping small businesses that are experiencing significant financial challenges due to the COVID-19 pandemic

Grants of up to $5,000 to small businesses located in the Saskatoon Region

Application deadline: April 6, 2020 at 12:00 p.m.
April 3, 2020/by Financial Tech Tools

Alberta: Emergency isolation support

Eligible working Albertans can receive a one-time emergency isolation support payment of $1,146 if they are required to self-isolate or are the sole caregiver of someone in self-isolation and they have no other source of pay or compensation.

This is a temporary program to bridge the gap until the Federal Emergency Care Benefit is available in April.
April 3, 2020/by Financial Tech Tools

BC Government supporting renters, landlords during COVID-19

To support people and prevent the spread of COVID-19, the Province is introducing a new temporary rental supplement, halting evictions and freezing rents, among other actions. This includes $500/month towards rent.
April 2, 2020/by Financial Tech Tools

BC COVID-19 Action Plan

$5 billion in income supports, tax relief and direct funding for people, businesses and services.
April 2, 2020/by Financial Tech Tools

BC Hydro customers to get 3 months bill relief | ICBC providing Autoplan payment deferral

BC Hydro: If you or your spouse/partner have lost employment or have become unable to work due to COVID-19, you may be eligible for three months of bill credit based on your average consumption.

ICBC: For customers that have been financially impacted by COVID-19, ICBC will provide some relief during this challenging time. Customers on a monthly Autoplan payment plan, who are facing financial challenges due to COVID-19, can defer their payment for up to 90 days with no penalty
April 2, 2020/by Financial Tech Tools

Tax Loss Selling

Over the last few weeks, the financial market has taken a downturn amidst fears over Coronavirus.

Understandably, you are concerned with your portfolio, it’s important to stay level-headed to avoid making financial missteps. However, staying level-headed doesn’t necessarily mean you sit there and do nothing. In fact, one consideration you can look is taking an active tax management approach.

Tax loss selling is a strategy to crystallize or realize any capital losses in your non-registered accounts so it can be used to offset any capital gains.
April 1, 2020/by Financial Tech Tools

Do I Qualify for the Canada Emergency Response Benefit & EI?

To help Canadians through this difficult time, the Federal Government created the Canada Emergency Response Benefit (CERB) and made changes to the Employment Insurance Program (EI). For those whose employment has affected by the Coronavirus, we have created a chart to help you figure out which program you qualify for and provide links to apply for each program.
March 30, 2020/by Financial Tech Tools

Help for Small/Medium Businesses & Entrepreneurs – 75% wage subsidy, $40,000 interest-free loan & more

March 27, 2019 - Prime Minister Justin Trudeau announced programs and measures focused on helping Small & Medium Sized Businesses and Entrepreneurs cope with the economic consequences caused by the COVID-19 pandemic.

“With these new measures, our hope is that employers being pushed to laying off people due to COVID-19 will think again,” Trudeau said. “And for those of you who have already had to lay off workers, we hope you will re-hire them.”
March 27, 2020/by Financial Tech Tools

Canada Emergency Response Benefit to help workers and businesses

$2,000/month for 4 months - Canada Emergency Response Benefit to help workers and businesses
March 27, 2020/by Financial Tech Tools

Canada Covid 19 Economic Response Plan

We know that clients have questions about the Federal government's economic response plan, we have included a summary of the information below for business owners, employees and other support that's available.
March 19, 2020/by Angelina Hung

Business Support Covid 19

We know advisors are business owners too so we thought we would include links that can help support your advisory practice.
March 19, 2020/by Angelina Hung

Communication 2020

This webinar is focused on how you as an advisor can up your virtual game, be a confidant for your clients.
March 16, 2020/by Angelina Hung