CEWS Program Extended

As a result of COVID-19, many Canadian employers have seen significant drops in revenue in recent months. Following the initial fallout of the global pandemic, the federal government responded by establishing Canada’s COVID-19 Economic Response Plan to insulate Canadian citizens… Read more »

Mitacs: COVID-19 Resources for Research

Mitacs has boosted support for Canadian innovations in the fight against COVID-19 including expanded and fast-tracked funding as well as added flexibility and support. Mitacs is a federally and provincially supported not-for-profit organization that fosters Canadian innovation through industry-academic collaborations… Read more »

New COVID-19 Funding to Mobilize Canadian Businesses 

On April 17, 2020, Prime Minister Justin Trudeau had announced an additional $250M in funding support through the National Research Council of Canada’s Industrial Research Assistance Program (NRC-IRAP) to assist innovative, early-stage companies that are unable to access existing COVID-19… Read more »

Changes to the Canada Emergency Wage Subsidy

Canadian Prime Minister Justin Trudeau announced changes to the Canada Emergency Wage Subsidy (CEWS) yesterday. Trudeau said firms will now have to show their year-on-year revenues had dropped by 15% in March, half the previous level of 30%, to claim… Read more »

Federal COVID Assistance for Businesses

During these unprecedented times, the federal government has announced a variety of incentives to assist Canadian businesses.  This bulletin summarizes pertinent federally-announced COVID incentives for businesses.  We expect additional announcements will be made to further address support for Canadian businesses… Read more »