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Details on 75% Wage Subsidy

Prime Minister Trudeau announced on Wednesday, changes will be made to the 75% wage subsidy.   These changes include...

  • Using a 15% marker for the decrease in sales for March
  • Allowing businesses to use either cash or accrual basis to determine the drop in revenue
  • Allowing newer businesses to compare to Jan and Feb sales as the benchmarker, rather than March/ April and May of last year, which newer businesses would have no history.

He also announced that there would be further discussion regarding businesses that had experienced growth in the past year.

For more information on eligible employers, the amount of subsidy, eligible employees, how to apply and how this will interact with teh 10% wage subsidy and the work-sharing program, click here.

Earlier this week, PM Trudeau also announced that the Canadian Emergency Response Benefit (CERB), was expanded to include non-eligible dividend income.  This has now been updated on Canada.ca website and is official.  Please see the link below for more details.
https://www.canada.ca/en/services/benefits/ei/cerb-application/questions.html

Thanks to Tanya HIlts, CPB of Cloud Bookkeeping Services for sharing this information.

 

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Constant Contact Chamber Member Offer
Grand & Toy - Cost-saving solutions
OSM Website design - SAVE on services.
Superior Propane - Save 5% on fixed price propane
Stirling Festival Theatre - Group Discounts available to members
Dinkles & Paulos Restaurants - 10% OFF
NRG Alternatives - 10% Discount
Group Benefit Plan for Chamber Members
Shoppers Drug Mart - Save 20% on Thursdays
Parsons Cleaners Member offer - 10% OFF
Papa Johns Pizza Member Offer- 25% off
Belleville & District Shrine Club
Allen Insurance - Exclusive Chamber Member Rates
Jesan Property Maintenance - SAVE 10%
St. John Ambulance - Discount on training
Quinte Siding - 10% OFF
Body Systems Nutrition - 15% OFF purchases.
Esso Chamber
Grand & Toy - Cost-saving solutions
NRG Alternatives - 10% Discount
Belleville & District Shrine Club
Shoppers Drug Mart - Save 20% on Thursdays
Dinkles & Paulos Restaurants - 10% OFF
Parsons Cleaners Member offer - 10% OFF
RBC - Save on Bank charges
Friendly Fires - 10% OFF
Constant Contact Chamber Member Offer
Cloud Bookkeeping Services - 10% OFF
Stirling Festival Theatre - Group Discounts available to members
Papa Johns Pizza Member Offer- 25% off
OSM Website design - SAVE on services.
Jesan Property Maintenance - SAVE 10%
Allen Insurance - Exclusive Chamber Member Rates
Body Systems Nutrition - 15% OFF purchases.
Esso Chamber
Be Prepared First Aid Traning - 15% off
Superior Propane - Save 5% on fixed price propane
St. John Ambulance - Discount on training
Grand & Toy - Members can save up to 85%
Quinte Siding - 10% OFF
Group Benefit Plan for Chamber Members