SMALL BUSINESS QUESTIONS

 New programs and measures were announced by the government on March 18. This page will be updated with links once additional details become available.  

 https://www.canada.ca/en/department-finance/economic-response-plan.html 

I have a small business. What has the Prime Minister said about how this will impact me?

Extending the federal work-sharing program

Small business wage subsidy

Access to business credit

Lowering the domestic stability buffer

Bank of Canada actions

Launch of Insured Mortgage Purchase Program

More time to pay income taxes

Additional information for Alberta employees and employers

EI- Record of employment

  •  https://www.canada.ca/en/employment-social-development/corporate/notices/coronavirus.html
  • If your employees are directly affected by the coronavirus (COVID-19) and they are no longer working, you must issue a Record of Employment (ROE).
  • When the employee is sick or quarantined, use code D (Illness or injury) as the reason for separation (block 16). Do not add comments.
  • When the employee is no longer working due to a shortage of work because the business has closed or decreased operations due to coronavirus (COVID-19), use code A (Shortage of work). Do not add comments.
  • When the employee refuses to come to work but is not sick or quarantined, use code E (Quit) or code N (Leave of absence), as appropriate. Avoid adding comments unless absolutely necessary.