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Visionary Education Technology Holdings Group Inc. Reports Fiscal Year 2023 Financial Results

Visionary Education Technology Holdings Group Inc. Reports Fiscal Year 2023 Financial Results
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SIR Royalty Income Fund Announces Filing of SIR Corp. Fiscal 2023 Third Quarter Results

BURLINGTON, ON, June 21, 2023 /CNW/ - SIR Royalty Income Fund (TSX: SRV.UN) (the

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Tax Tip - Are you self-employed? The Canada Revenue Agency can help you understand your tax obligations

/CNW/ - If you're self-employed, we understand that navigating your tax obligations may seem complicated. But don't worry! The Canada Revenue Agency (CRA) is...

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Government to spend $7.4B transitioning to new pandemic support programs: Freeland

Government to spend $7.4B transitioning to new pandemic support programs: Freeland
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The Canada Emergency Rent Subsidy - Real Estate and Construction

The Canada Emergency Rent Subsidy - Real Estate and Construction
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COVID-19 Relief - Highly Affected Sectors Credit Availability Program (HASCAP) Guarantee - Employment and HR

COVID-19 Relief - Highly Affected Sectors Credit Availability
Program (HASCAP) Guarantee
The grim one year anniversary of the COVID-19 pandemic in Canada
has highlighted that many businesses across the country continue to
struggle financially. Two Federal assistance programs, the
Canada Emergency Wage Subsidy (CEWS) and the
Canada Emergency Rent Subsidy (CERS) have helped by giving
out a combined total of over $77 billion in subsidies, but it is
not enough for many small and medium-sized
businesses.
1
The CEWS was announced nearly a year ago to prevent job loss by
encouraging employers to maintain or re-hire workers previously
laid off via wage subsidies based on revenue

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A Quick Look At The Federal Budget

By Carol Thomson
Apr 19, 2021 4:25 PM
Canada’s Finance Minister has proposed a budget that includes more than $101-billion in new spending over the next three years leading to an estimated deficit for the fiscal year at $154.7-billion. In the first budget in two years, Christia Freeland cautioned that the deficit could increase by another $15-billion, depending on any economic slow down from the third wave of the pandemic.
Today’s proposed budget includes $30-billion for child care and early learning by 2026. Freeland says the proposal is to cut the fees for regulated spaces by 50 per cent by next year, reaching a $10 daily average by 2026.

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Federal budget highlights national childcare system, extension of pandemic subsidies

Staff
In its 2021 budget on Monday, the federal government said it’s proposing nearly $30 billion over the next five years towards a national community-based childcare system.
The budget stated that starting in 2021/2022, an investment of up to $27.2 billion over five years will bring the federal government to a 50/50 share of childcare costs with provincial and territorial governments, as part of initial five-year agreements. Future objectives and distribution of funding starting in year six would be determined based on an understanding of need and progress achieved as part of this initial plan, the feds said.
The proposal also aims to reduce fees for regulated childcare down to an average of $10 per day within the next five years in all provinces outside of Quebec — which already has affordable fees through its provincial childcare system — with a goal of achieving a 50-per cent reduction in average childcare fees by the end of 2022.

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Feds Release Budget for the First Time Since March 2019

Feds Release Budget for the First Time Since March 2019
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Federal budget unveils $104-billion in new spending

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In its first budget in two years the federal government has put childcare front and centre. Finance Minister Chrystia Freeland announced more than $30-billion for the start of a national child care program by cutting child care costs in half by the end of 2022. That will include $10 a day for child care by 2025.
Other highlights of the 2021 budget include an extension of all the big federal COVID-19 support programs including the Canada Emergency Wage Subsidy as well as the Emergency Rent Subsidy until September. There will be an additional 12 weeks added to the Canada Recovery Benefit. That increases the program to 50 weeks.

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