Financial support for businesses are available through the Calgary Reopening Grant.  This support is available for restaurants, pubs, bars, fitness centres, nightclubs and live music venues.   You will need the following to apply: 1. Business licence  2. Operating as or trade name 3. Business location address 4. Corporation / partnership / sole proprietor name 5. Appropriate business category 6. Applicant must have a proper authority to consent to the details of the application.  Click here to apply: https://forms.calgary.ca/content/forms/af/public/public/2021-calgary-reopening-grant-application-t541.html  Eligible businesses can apply until August 10, 2021 or until funds are exhausted.  The approval process of applicants will take about 30 days and...

The Federal Government announced details of Budget 2021 in April. Budget 2021 showed the projected federal budget deficits as well as key measures to support the government's plans to ensure Canada's robust economic recovery.The projected Federal Budget Deficit for 2020-2021 is $354 billion. For 2021-2022, the project deficit will be $144 billion to $169 billion.Here are the key measures included:A Canada-wide early learning and child care system will be established to provide affordable and high-quality child care. New investments amount to almost $30 billion over the next 5 years to support this measure.Extension of the Canada Emergency Wage Subsidy (CEWS), Canada...

COVID-19 may cause significant delays in processing paper returns, as well as delivering notices of assessment and cheques in the mail. The CRA will process paper returns in the order it receives them. Since these delays do not impact processing electronic returns, the CRA encourages you to sign up for direct deposit and file your 2020 return online. This will help you get any refund faster and avoid interruptions to any benefit and credit payments. If you are registered for direct deposit, you will receive your payments without delay. Removal of drop boxes – Due to COVID-19, drop boxes have been...

What is HASCAP? HASCAP provides low- interest loans of $25k to $1M to businesses heavily affected by COVID 19. HASCAP is available to businesses that operate in sectors such as tourism and hospitality, restaurants, and those that primarily rely on in-person services. This program is available at some participating financial institutions. HASCAP offers a 4% interest rate, repayment term of up to 10 years and up to 12-month postponement of principal payments at the start of the loan.  Government of Canada has mandated BDC to provide a guarantee to your financial institution for 100% of the value of a new term...