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Entries by Dowco Financial

Canada Emergency Wage Subsidy extended into December!

July 13, 2020/in Blog, Business Owners, Coronavirus, Coronavirus - Practice Owners, corporate/by Dowco Financial

On July 13th, Prime Minister Justin Trudeau announced the extension of the Canada Emergency Wage Subsidy (CEWS) until December.

10 Essential Decisions for Business Owners

July 3, 2020/in Blog, Business Owners, Estate Planning/by Dowco Financial

Business owners can be busy… they’re busy running a successful business, wearing lots of hats and making a ton of decisions. We’ve put together a list of 10 essential decisions for every business owner to consider.

CERB Extended | Business Owners who did not qualify previously – expanded CEBA starts June 19th

June 17, 2020/in 2020 Only, Blog, Business Owners, Coronavirus, Coronavirus - Associates, Coronavirus - Practice Owners, Coronavirus - Students, corporate, individuals/by Dowco Financial

Great news for Canadians out of work and looking for work. The CERB will be extended another 8 weeks for a total of up to 24 weeks.

The expanded CEBA will begin June 19th.

Group Benefits: Traditional vs Admin Services Only

June 1, 2020/in Blog, Business Owners, Group Benefits, health benefits, Investment, rrsp, Tax Free Savings Account/by Dowco Financial

Understand the difference between traditional vs administrative services only group plan.

Small Businesses! Applications for Canada Emergency Commercial Rent Assistance starts May 25th

May 24, 2020/in 2020 Only, Blog, Business Owners, Coronavirus, Coronavirus - Practice Owners, corporate/by Dowco Financial

The Application portal for the Canada Emergency Commercial Rent Assistance (CECRA) opens at 8:00am EST on May 25th

Expanded eligibility for CEBA $40,000 interest-free loan

May 19, 2020/in 2020 Only, Blog, Business Owners, Coronavirus, Coronavirus - Practice Owners/by Dowco Financial

The Prime Minister outlined the expanded eligibility for the Canada Emergency Business Account and highlighted companies such as hair salon owners, independent gym owners with contracted trainers and local physio businesses will now be eligible.

“If you are the sole owner-operator of a business, if your business relies on contractors, or if you have a family-owned business and you pay employees through dividends, you will now qualify.” – PM Justin Trudeau

Apply starting Friday for Canada Emergency Student Benefit! Help on the way for seniors.

May 13, 2020/in 2020 Only, Blog, Coronavirus, Coronavirus - Retired, Coronavirus - Students, retirement/by Dowco Financial

The Canada Emergency Student Benefit (CESB) provides financial support to post-secondary students, and recent post-secondary and high school graduates who are unable to find work due to COVID-19.

Extended! Canada Emergency Wage Subsidy extended beyond June

May 8, 2020/in 2020 Only, Blog, Business Owners, Coronavirus, Coronavirus - Practice Owners/by Dowco Financial

On May 8th, Prime Minister Justin Trudeau announced that they will extend the Canada Emergency Wage Subsidy (CEWS) beyond June.

Guide to Covid-19: Government Relief Programs in Canada

May 4, 2020/in 2020, Blog, Coronavirus, Coronavirus - Associates, Coronavirus - Practice Owners, Coronavirus - Retired, Coronavirus - Retiring, Coronavirus - Students, Family, individuals, life insurance/by Dowco Financial

The intention for our “Guide to Covid-19: Government Relief Programs in Canada” is to help businesses and individuals to cut through the noise and make sure they’re getting all the help they can receive from the federal and provincial programs.

Succession Planning for Business Owners

May 1, 2020/in Blog, Business Owners, Estate Planning, Family, life insurance/by Dowco Financial

Business owners deal with a unique set of challenges. One of these challenges includes succession planning. A succession plan is the process of the transfer of ownership, management and interest of a business. When should a business owner have a succession plan? A succession plan is required through the survival, growth and maturity stage of a business. All business owners, partners and shareholders should have a plan in place during these business stages.