3 April 2020

CLARITY TO LOCAL BUSINESSES – WHETHER ESSENTIAL – WHAT YOU CAN/CANNOT DO – STEEP PENALTIES FOR NON-COMPLIANCE

As of March 24, all “non-essential” businesses must be closed [Regulation 82/20 of the Emergency Management and Civil Protection Act (the “Regulation”)]. The Regulation also permits “non-essential” businesses to allow temporary access for very specific purposes, which are explained below. Essential businesses are: supply chain retail and wholesale of food food services and accommodations institutional, […]

CLARITY TO LOCAL BUSINESSES – WHETHER ESSENTIAL – WHAT YOU CAN/CANNOT DO – STEEP PENALTIES FOR NON-COMPLIANCE Read More »

COVID-19 – DEFERRING YOUR PERSONAL AND BUSINESS CREDIT CARD PAYMENTS – YES, TEMPORARILY AND WITHOUT PENALTY

As part of the federal Government's COVID-19 economic response plan, it has strongly encouraged the Big Banks to allow consumers to defer credit card payments, without penalty, at least temporarily.  Currently, most of the banks, if not all, are accepting requests to temporarily waive the requirement that you pay your minimum payment on your credit

COVID-19 – DEFERRING YOUR PERSONAL AND BUSINESS CREDIT CARD PAYMENTS – YES, TEMPORARILY AND WITHOUT PENALTY Read More »

LOCAL BUSINESS OWNERS – YOUR CHEAT SHEET FOR THE NEW $40,000 LINE OF CREDIT (CEBA) – WHAT YOU NEED TO KNOW

Small-and-medium-sized business owners in the City of Kawartha Lakes – an update: THE CANADA EMERGENCY BUSINESS ACCOUNT (“CEBA”) – A $40,000 OPERATING LINE OF CREDIT: Eligible businesses will receive a $40,000 line of credit loan for immediate financial support to cover short term operating expenses, payroll and other non-deferrable expenses which are critical to sustain

LOCAL BUSINESS OWNERS – YOUR CHEAT SHEET FOR THE NEW $40,000 LINE OF CREDIT (CEBA) – WHAT YOU NEED TO KNOW Read More »

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