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COVID-19: The Ins and Outs of Canada’s Emergency Wage Subsidy

Many, if not all, Canadian businesses have been affected by the COVID-19 outbreak. However, Canada introduced the Canada Emergency Wage Subsidy (CEWS) to support employers during these troubling times. In short, this subsidy covers 75% of employee wages for eligible employers. Therefore, if you’re interested in finding out more about CEWS including what it is or whether you’re an eligible…

3 Reasons to Set Up a Trust

When it comes to estate planning, perhaps you’ve heard of or considered setting up a trust. If you’re on the fence about it, read below to get a brief description of the ins and outs of setting up a trust. What is a Trust? Trusts are flexible vehicles for holding and passing on your assets. They ensure that your fortune…

Here’s What You Need to Know about Trademark Registration

In today’s information and technology age, trademarks are becoming increasingly valuable business assets. Trademarks help you succeed in the business world. How do they do this? They help people notice and differentiate your products and services from those of your competitors.  Oftentimes, the trademark registration process can be confusing and difficult to maneuver around. Below, you’ll find a brief overview…

COVID-19: Extended Temporary Layoffs in B.C.

On Monday, May 4, 2020, the B.C. Ministry of Labour announced a change to the B.C. Employment Standards Act. More specifically, temporary layoffs are now extended to 16 weeks. This is a result of the COVID-19 outbreak and its unprecedented effects on the labour market. The B.C. government changed its employment regulations in order to match the Canada Emergency Response…

Everything You Need to Know about B.C.’s Emergency Benefit for Workers

During these difficult and uncertain times, the federal and provincial governments have been taking measures to provide financial support to those who need it. This includes employed and self-employed individuals who have been directly impacted by the COVID-19 outbreak. In addition to the Canada Emergency Response Benefit (CERB), the province of British Columbia has announced the B.C. Emergency Benefit for…

COVID-19: Canada Emergency Commercial Rent Assistance Explained

Prime Minister Justin Trudeau announced the details for the Canada Emergency Commercial Rent Assistance (CECRA) program on April 24, 2020. The program aims to provide the support needed by small businesses experiencing financial hardship due to the COVID-19 outbreak. The government hopes that introducing this program will contribute towards a quicker and easier economic rebound once restrictions are lifted. In…