Covid-19

Canada Emergency Commercial Rent Assistance (CECRA) for Small Businesses (Click Here)

The CECRA for small businesses, will lower rent by 75 per cent for small businesses that have been most affected by COVID-19.

Highlights:

• CECRA will provide forgivable loans to qualifying commercial property owners to cover 50 per cent of three monthly rent payments that are payable by eligible small business tenants who are experiencing financial hardship during April, May and June. In this way, CECRA will provide relief for small businesses paying less than $50,000 per month in gross rent that have either been forced to close due to the pandemic or have had their revenues severely impacted by at least 70 per cent. Canada Mortgage and Housing Corporation (CMHC) will administer the program on behalf of the Government of Canada and our provincial and territorial partners.

Government of Canada (Click Here)

Support for workers, considerations for businesses navigating COVID-19 disruptions, Economic Response Plan, guidance for federal employees.

Highlights:

• – The Canada Emergency Wage Subsidy. To help businesses keep and return workers to their payroll through the challenges posed by the COVID-19 pandemic, the Prime Minister, Justin Trudeau, proposed the new Canada Emergency Wage Subsidy. This would provide a 75 per cent wage subsidy to eligible employers for up to 12 weeks, retroactive to March 15, 2020. (Click Here)
• – Federal Support for Small businesses. Tax deferral programs and small business loans. (Click Here)

A Message to our Dealers (COVID-19)

Richards-Wilcox would like to pass along the following links to government resources to help you through these difficult times.

Ontario Ministry of Agriculture

A Letter from Ontario Agriculture Minister regarding amendment to Essential Workplaces as it pertains to Agricultural projects. (Click here)

Highlights:

• Find amendment here (Click Here)
• 29.1 Construction projects that are due to be completed before October 4, 2020 and that would provide additional capacity in the production, processing, manufacturing or distribution of food, beverages or agricultural products.

Canadian Door Institute – CDI (Click Here)

In the face of the continuous upheaval we are experiencing as a result of the COVID-19 pandemic, many of us find it a challenge to determine the best practices for protecting our employees, our customers, and our long-term business prospects.

Support for Small Businesses (Click Here)

Small and medium-sized businesses are the backbone of the Canadian economy. During this extraordinary time, the Government of Canada is taking strong action to help Canadian businesses as COVID-19 is affecting them, their employees and their families.

Highlights:

• – Canada Emergency Response Benefit
• – Employer Wage Subsidy (For FAQ’s Click Here)
• – Enhanced Work Sharing Program
• – Deferred Business Tax Filing and Payment

Business Development Bank of Canada – BDC (Click Here)

The health and well-being of entrepreneurs, clients and non-clients as well as of our partners is our top priority. BDC stands ready to support companies through to a more stable period.

Highlights:

• – Working Capital Loans up to $2M
• – Business Credit Availability Program (BCAP)

Workplace Safety and Insurance Board – WSIB (Click Here)

We are continuing to pay all wage-loss benefits and we have ensured all loss-of-earning (LOE) benefits are up to date. We also have staff in place to help manage any new claims as quickly as possible.

Highlights:

• – Financial Relief Package (Click Here)

Export Development Canada – EDC (Click Here)

The global economy is deep in turbulent waters, with coronavirus disrupting the flow of global trade and international supply chains. Export Development Canada (EDC) is committed to helping Canadian businesses through this with our products and services.

Highlights:

• – Business Credit Availability Program (BCAP)

Canada’s COVID-19 Economic Response Plan (Click Here)

The Government of Canada is taking immediate, significant and decisive action to help Canadians facing hardship as a result of the COVID-19 outbreak.

Canada Revenue Agency – CRA (Click Here)

The Canada Revenue Agency (CRA) has developed this page to provide updates on the fiscal measures taken by the Agency to help Canadians manage their tax and benefit affairs as this situation evolves.