Donnelly & Co LLP Chartered Professional Accountants

COVID-19 Support

COVID-19 Information

The Federal and Provincial governments have announced various measures to assist both individuals and businesses during the COVID-19 pandemic. We are here to assist you in whatever form we can now, during and after this unprecedented time. See below for quick links to all COVID-19 resources information.

75% Canada Emergency Wage Subsidy The wage support program, called the Canada emergency wage subsidy (CEWS), is designed to discourage companies from laying off workers and provide wage support for businesses.
10% Wage Subsidy for Employers The 10% Temporary Wage Subsidy for Employers (TWS) is a 3-month measure that allows eligible employers to reduce the amount of payroll deductions they need to remit to the Canada Revenue Agency (CRA)
CEBA (Canada Emergency Business Account) loan This program provides interest-free loans up to $60,000 (originally $40,000) to small businesses and not-for-profit organizations.
Canada Emergency Rent Subsidy (CERS) Canadian businesses, non-profit organizations, or charities who have seen a drop in revenue due to the COVID-19 pandemic may be eligible for a subsidy to cover part of their commercial rent or property expenses, starting on September 27, 2020, until June 2021.
Alberta Small and Medium Enterprise Relaunch Grant Funding for small- and medium-sized businesses, co-ops and non-profits impacted by COVID-19 to offset a portion of their relaunch costs.
Canada Emergency Response Benefit (CERB) If you have lost income because of COVID-19, the Canada Emergency Response Benefit (CERB) will provide you with temporary income support of $2,000 every 4 weeks for up to 16 weeks. See link above for details on eligibility and how and when to apply for this benefit.
Canada's COVID-19 Economic Response Plan (Federal) Government of Canada support for individuals, businesses and industries.
COVID-19 Support for Albertans Information for Albertans affected by the COVID-19 pandemic.
How to Register for CRA MyAccount It is mandatory to register for a CRA MyAccount to be eligible for COVID-19 benefits. You will require your SIN, Date of Birth and a copy your 2018 Income Tax Return in order to register.
Income Tax Filing and Payment Deadline Extension Information Tax filing and payment deadlines have been extended. Personal tax returns are now due on June 1, 2020 and trust returns are due May 1, 2020. Individual and corporate tax payments including instalments may be deferred until September 1, 2020.

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