Federal Government Program updates

FCR is committed to providing updates and assistance to our clients as information becomes available.

Federal Government Program updates

FCR is committed to providing updates and assistance to our clients as information becomes available.

Canada Emergency Commercial Rent Assistance (CECRA)

This new program will be geared towards assisting organizations and landlords with their commercial rent derived expenses or obligations.  No further details have been released regarding this program at this time, but it is important for organizations engaged in commercial rental income or those that have commercial rent expenses, to know that more relief may be on the way.

We will provide details once they become available.

Wage Boost For Essential Workers

This new program will be geared towards assisting employers in keeping their essential workers on staff.  The Government of Canada will work with Provinces and Territories through a new transfer to cost-share a temporary top up to the salaries of low-income essential workers that the Province and Territories have deemed essential in the fight against Covid-19.

We will provide details once they become available.

Comparing Original & Legislated

Here you can view a table comparing the originally announced and legislated 10% wage subsidy which remains in effect to the CEWS.

The Canadian Emergency Wage Subsidy (CEWS)

This program will provide a wage subsidy of 75% of eligible remuneration paid in respect of the period between March 15th, 2020 and June 6th, 2020 to a maximum of $847 per week per eligible employee. In some circumstances the subsidy could amount to between 75% and 100% of eligible remuneration paid. Legislation was introduced on April 11th by Parliament. The legislation is generally consistent with the previous Government announcements with certain important changes. 

Deferral of GST/HST Tax remittance

GST/HST returns and payments will be deferred until June for certain filers. The below link can provide more details.

Temporary Wage Subsidy for employers (10%)

The Temporary Wage Subsidy for Employers is a three-month measure that will allow eligible employers to reduce the amount of payroll deductions required to be remitted to Canada Revenue Agency.

Canada Emergency Benefit Account (CEBA)

Government guaranteed interest-free up to $40,000 loans will be expanded to include organizations with a total payroll for 2019 between $20,000 and $1.5 million. This is an increase in the previous total payroll range of $50,000 to $1 million. The below links can provide more details. 

Canada Emergency Response Benefit (CERB)

This benefit is available from March 15, 2020 to October 3, 2020. Starting April 6, 2020, applicants can apply for the benefit via a portal on CRA’s website. CERB is now available if you earned $1,000 (before taxes) or less during an eligibility period. 

Income Tax filling & Payment Deadlines

CRA will be providing relief to taxpayers in the form of extensions for certain tax filings and tax payments.

How to access online login

for CRA & Service Canada

In order to apply for the various types of government assistance programs that are being offered by the Department of Finance, individuals and businesses may be required to have their online services set-up with CRA and with Service Canada.

To avoid unnecessary delays in the ability to apply for these assistance programs, we recommend ensuring you have online access to both your “My Account” and/or “My Business Account” with CRA and also your “My Service Canada Account” with Service Canada. If you have internal controllers or bookkeepers within your organization who will require the ability to either access or submit information on your behalf, then we would also recommend that these individuals have access to your online account through “Represent a Client” with CRA.

How to access online login

for CRA & Service Canada

In order to apply for the various types of government assistance programs that are being offered by the Department of Finance, individuals and businesses may be required to have their online services set-up with CRA and with Service Canada.

To avoid unnecessary delays in the ability to apply for these assistance programs, we recommend ensuring you have online access to both your “My Account” and/or “My Business Account” with CRA and also your “My Service Canada Account” with Service Canada. If you have internal controllers or bookkeepers within your organization who will require the ability to either access or submit information on your behalf, then we would also recommend that these individuals have access to your online account through “Represent a Client” with CRA.

CRA LOGIN SERVICE - My account

Registration is required to apply and access for CERB.

This online access with CRA is used by individuals to access their own personal information online. In order to set up this online access, you can follow the steps provided in the below registration process button.

CRA Login Service - My Business Account

Registration is required to apply for the Canada Emergency Wage Subsidy Program

This online access with CRA is used by businesses (corporations, partnerships, and sole proprietors) to access their business information online with CRA. You must have a business number (BN#) with CRA and this can only be done by an authorized individual for the business. In order to set up this online access, you can follow the steps provided in the below registration process button.

My service Canada Account

This online access with Service Canada is used by individuals to access their own personal information online with Service Canada. This includes programs such as Employment Insurance, Canada Pension Plan, Old Age Security, and other services administered by Service Canada. In order to set up this online access, you can follow the steps provided in the below registration process button, under the “New User” option of your choice:

Direct Deposit Setup

with CRA & Service Canada

Direct Deposit Setup

with CRA & Service Canada

It is also recommended that every individual and business set up for direct deposit with CRA and Service Canada. Once you have online access to your account either through My Account or My Business Account with CRA or your My Service Canada Account with Service Canada, you can set up and register your bank account information for direct deposit by following the on-screen instructions under the ‘sign up for direct deposit’ link available after signing into your account. The following 2 buttons can provide additional guidance on how to do this: