The IRAP wage-subsidy is funding for companies that are paying salaries, doing development projects, and don’t qualify for the Canada Emergency Wage Benefit.
The current Federal Government literature tells you to go through your existing bank to get additional loans and credit. Instead, apply DIRECTLY to the BDC
The CEBA Application is only available online through your business bank. We go over the process for every bank and point out common mistakes
The Federal Government recently released the CEBA program. While a welcome relief to hundreds of thousands of small businesses across the country, it unfairly excludes many thousands of other equally deserving businesses. Several years ago, our accountant offered us the choice of being paid by salary, dividends, or contract payments.
All these new programs and initatives make it hard for businesses to do what’s best for their payroll and their staff. We lay out some simple questions that guide you to the correct answer