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Archives for April 2020

CECRA: New Information on Rent Relief for Charities and Non-Profits

April 24, 2020

While programs like the Canada Emergency Response Benefit could be rolled out quickly by a single government, rent relief is a little more complicated. The provinces are each responsible for property owner-tenant relationships within their jurisdiction, but a single pan-Canadian rent relief program is desirable under the circumstances.

Filed Under: Articles, Charities - Current Articles, NEWS Tagged With: Canada Emergency Commercial Rent Assistance, CECRA, coronavirus, COVID-19, Lex Klombies, rent, Rent Relief

Changes to Canada Summer Jobs will help some non-profits and charities affected by COVID-19

April 8, 2020

The Government of Canada announced additional information of interest to non-profits and charities today (April 8, 2020).  The changes to the Canada Summer Jobs program will help small businesses hire and keep the workers they need so they can continue to deliver essential services. According to today’s press release:[1] The temporary changes to the program […]

Filed Under: Articles, Charities - Current Articles Tagged With: Canada Summer Jobs Program, coronavirus, coronavirus update, Covid, COVID-19, Lex Klombies, wage subsidy

New Details on the 75% Wage Subsidy

April 8, 2020

To help charities and not-for-profits keep up with the fast paced changes to Canada’s emergency relief, we are sharing a news release[1] made by the Department of Finance today (April 8, 2020) which provided further details on the eligibility criteria for businesses, charities, and non-profits for the proposed Canada Emergency Wage Subsidy (CEWS) (often referred […]

Filed Under: Articles, Charities - Current Articles Tagged With: 75% wage subsidy, Canada emergency relief measures, CEWS., emergency relief, Lex Klombies, wage subsidy

Managing Charitable Investments and Disbursements in the face of COVID-19

April 1, 2020

The current pandemic and its impact on markets reminds us of the economic crisis of 2009-2010.  Leaving aside for the experts the question of whether the pandemic has triggered or will trigger an economic crisis leading to a recession, the current volatility of financial markets is raising questions for charitable organizations and foundations about how […]

Filed Under: Articles, Charities - Current Articles Tagged With: coronavirus, Covid, COVID-19, economic, economic crisis, investment, Karen Cooper, managing charitable investments

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