Insights

It’s difficult to believe, but we’re now more than three months into the COVID-19 pandemic and it’s clear that the impact to businesses will be long lasting.  The impact across industry has been varied. Those businesses who rely on bringing people together have been extremely affected while we’ve seen others have the good fortune of […]

In business, understanding where we’ve been and the decisions we’ve made that got us where we are, is critical to realizing our future success.  Almost always, your profitability and equity are indications of the cumulative effect of the decisions your leadership team has made. One time events, like a material write off, or a substantial […]

Most businesses have been greatly impacted by COVID-19 in one way or another. And while we’re not on the other side of this pandemic yet, it’s not hard to imagine that the way we do business now and into the future has fundamentally changed. Some businesses have already adapted, quickly shifting their business models to […]

By far the largest support program for eligible businesses is the Canada Emergency Wage Subsidy (CEWS). The program provides a subsidy of 75% of wages to a maximum of $847/week. To be eligible: March – revenue must be down 15% versus March 2019 OR 15% versus the average of Jan/Feb 2020. April and May – […]

To date, we have focused our attention mainly on the available federal programs that provide support for small businesses.However, the Ontario government has also announced several programs designed to help our business community navigate COVID-19. There are two in particular that most creative firms will benefit from including a one-time increase to EHT thresholds and […]