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CEBA Deadline Extended to October 31

2020-10-06T09:01:42-04:00

CEBA Deadline Extended to October 31 The government announced today that the deadline to apply to the Canada Emergency Business Account (CEBA) has been extended until October 31. Read the full press release here. CFAA will seek clarification of the application of CEBA to rental housing providers, and promote broader availability of that relief for rental owners and operators. For those corporations and businesses which qualify and apply, CEBA provides a loan of up to $40,000. The loan comes from your bank, but is guaranteed by the federal government. No interest is charged until December 31, 2022. If the [...]

CEBA Deadline Extended to October 312020-10-06T09:01:42-04:00

Last chance for CEBA is TODAY – August 31, 2020

2020-08-31T09:18:22-04:00

Last chance for CEBA is TODAY – August 31, 2020 As of today, the last date to apply for a Canada Emergency Business Account loan is today. For those corporations and businesses which qualify and apply, CEBA provides a loan of up to $40,000. The loan comes from your bank, but is guaranteed by the federal government. No interest is charged until December 31, 2022. If the loan is repaid by then, 25% of the loan is forgiven (usually $10,000). If repayment is not made by December 31, 2022, the loan begins to bear interest at 5%, and needs [...]

Last chance for CEBA is TODAY – August 31, 20202020-08-31T09:18:22-04:00

COVID-19 Relief Updates and Reminders

2020-07-09T14:57:54-04:00

The information stated here is believed to be accurate at May 11, 2020. The program details may change at any time. Readers should check for updates, and obtain advice from their professional advisors about their particular situations. COVID-19 Relief Updates and Reminders This e-Newsletter addresses three sets of benefits for tenants, and four which may be available to some landlords. Canada Emergency Response Benefit (CERB) Landlords may want to make sure tenants know they need to reapply every four weeks. CFAA understands that many applicants received eight weeks worth of benefits in mid-April: four weeks to cover March [...]

COVID-19 Relief Updates and Reminders2020-07-09T14:57:54-04:00

Financial Help for Landlords and Tenants

2020-07-09T14:55:24-04:00

The information stated here is believed to be accurate at April 17, 2020. The program details may change at any time. Readers should check for updates, and obtain advice from their professional advisors about their particular situations. Financial Help for Landlords and Tenants In the month up to April 15, the federal government received six million requests for financial help from Canadians who have lost all of their employment or self-employment income due to COVID-19, and in particular the business shut downs imposed to delay the spread of the virus. Until April 5, Canadians could really only apply for Employment Insurance (EI), and [...]

Financial Help for Landlords and Tenants2020-07-09T14:55:24-04:00

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