COVID-19 – Canadian Tax and Business News
Our COVID-19 Canadian Tax and Business News updates are our way of informing our clients, friends and business associates with recent information that may help businesses and individuals while coping with the outcomes from the COVID-19 pandemic.
Our goal is to monitor the news and release relevant information as it becomes available.
CEBA loans are now available to businesses operating out of non-business bank accounts
To be eligible, businesses must have been operating as a business as of March 1, 2020, must successfully open a business account at a Canadian financial institution that is participating in CEBA, and meet the other existing CEBA eligibility criteria.
The deadline to apply for CEBA is December 31, 2020.
Full details are available on The Government of Canada website.
