Governments around the world are rolling out economic responses to Covid-19.
The Federal Government of Canada’s response to date has been welcome; but economists are predicting it will continue to expand, particularly for small businesses,
Possibilities? Expansion of wage subsidy programs for small businesses; deferring the April 1st planned increase in the carbon tax as social distancing has dramatically and temporarily reduced emissions; working with financial institutions & banks to provide more flexibility to small businesses on their lines of credit, mortgages, etc. and deferring increases to CPP payroll contributions scheduled for 2021.
In the meantime please find attached an excellent summary of the initial roll out, from Assante Wealth Management (whose President, Sean Etherington, is proudly, the third Etherington Brother).
Please click here for the summary
Stay safe!