| Department of Finance Canada | news releases
Today, with a broad range of measures and support programs now in place to help and provide assistance to those businesses and individuals most affected by the economic impacts of the pandemic through the COVID -19 Economic Response Plan, the GST/HST and customs duty payment deferral is ending as planned on June 30.
| Department of Finance Canada | news releases
Today, Minister of Finance Bill Morneau announced that as of Friday, June 19, 2020, applications will be accepted so that more small businesses can access the Canada Emergency Business Account (CEBA). This means that owner-operated small businesses that had been ineligible for the program due to their lack of payroll, sole proprietors receiving business income directly, as well as family-owned corporations remunerating in the form of dividends rather than payroll will become eligible this week.
| Department of Finance Canada | news releases
Today, Finance Minister Bill Morneau announced that the Government of Canada intends to increase Nunavut’s borrowing limit, as part of its ongoing collaboration with, and support to territorial governments.
| Department of Finance Canada | news releases
Today, Finance Minister Bill Morneau announced that the Government of Canada intends to increase the Northwest Territories’ borrowing limit, as part of its ongoing collaboration with, and support to territorial governments.
| Department of Finance Canada | news releases
Today, Finance Minister Bill Morneau announced that the Government of Canada intends to increase Yukon’s borrowing limit, as part of its ongoing collaboration with, and support to territorial governments.
| Department of Finance Canada | news releases
Today, the Honourable Mona Fortier, Minister of Middle Class Prosperity and Associate Minister of Finance took part in a virtual Ministerial Council Roundtable hosted by the Organisation for Economic Co-operation and Development (OECD), focused on “The Path to Recovery: Alternative Scenarios and Macroeconomic Policies”. During this event, the Minister underlined the government’s ongoing support for businesses and workers through its COVID-19 Economic Response Plan and reaffirmed Canada’s commitment to collaborating with international partners.
| Department of Finance Canada | news releases
Today, Minister of Finance Bill Morneau announced that the Government of Canada, together with the governments of British Columbia, Alberta, Saskatchewan, Ontario, Quebec, New Brunswick and Nova Scotia, has signed the 2020 Agreement Respecting Multi-Jurisdictional Pension Plans.
| Department of Finance Canada | news releases
Today, the Honourable Mona Fortier, Minister of Middle Class Prosperity and Associate Minister of Finance took part in a virtual town hall with business, community and cultural organizations, hosted by Calgary Economic Development. The Minister discussed the challenges facing these communities and organizations, and underscored how the Government of Canada is supporting them through its COVID-19 Economic Response Plan.
| Department of Finance Canada | news releases
Today, Finance Minister Bill Morneau announced the coming into force, on May 27, of the government’s Solvency Special Payment Relief Regulations, 2020, which establish the moratorium.
| Department of Finance Canada | news releases
Today, the Honourable Mona Fortier, Minister of Middle Class Prosperity and Associate Minister of Finance participated in a virtual town hall, organized by CIVIX, to answer questions from students across Canada. CIVIX is a non-partisan, national registered charity dedicated to building the skills and habits of active and engaged citizenship among young Canadians.
