ARTICLE · 21 MAY 2020

COVID-19 Relief Measures For Businesses

Rotfleisch & Samulovitch P.C.

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The federal government has implemented a number of relief programs aimed at businesses to limit the damage caused by the COVID-19 pandemic.

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INTRODUCTION - COVID-19 RELIEF MEASURES FOR BUSINESSES

The federal government has implemented a number of relief programs aimed at businesses to limit the damage caused by the COVID-19 pandemic. So far these programs have focused on support for employers to limit layoffs, deferred tax payment deadlines, and lending programs to help businesses experiencing cashflow problems. This article summarizes what these measures looked like as of May 11, 2020. It is likely that new measures will be introduced and changes will be made to existing programs. For up to date information consult an experienced Toronto tax expert.

RELIEF MEASURES FOR EMPLOYERS - COVID-19 RELIEF MEASURES FOR BUSINESSES

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