- 6,047
- Simcoeace
I don't want to make my friends south of the border feel bad, but ...
as the owner of a small (incorporated) business I hadn't really expected to be eligible for any stimulus money from the Canadian government. In reality, my business has lost almost all its normal revenue since the beginning of March & I don't anticipate much improvement in the coming few months.
My accountant sent me an email on Thursday April 16th explaining that the government was actually extending support not just to employees, but also to owners of small businesses, which amounted to $500/week for lost income (with certain stipulations). The payments were retroactive to the middle of March & may be extended for 4 four week periods. I applied for myself & my wife the following day. I don't remember ever receiving any money from the Canadian government & given that I've paid in hundreds of thousands of dollars in taxes over the years, I figure WTH, I'll take it.
To my considerable surprise, by the following Tuesday, April 21st, our bank account had had $8,000 transferred to it from the Canadian government ($500 for myself & my wife covering the 8 weeks from March 15th to May 15th).
as the owner of a small (incorporated) business I hadn't really expected to be eligible for any stimulus money from the Canadian government. In reality, my business has lost almost all its normal revenue since the beginning of March & I don't anticipate much improvement in the coming few months.
My accountant sent me an email on Thursday April 16th explaining that the government was actually extending support not just to employees, but also to owners of small businesses, which amounted to $500/week for lost income (with certain stipulations). The payments were retroactive to the middle of March & may be extended for 4 four week periods. I applied for myself & my wife the following day. I don't remember ever receiving any money from the Canadian government & given that I've paid in hundreds of thousands of dollars in taxes over the years, I figure WTH, I'll take it.
To my considerable surprise, by the following Tuesday, April 21st, our bank account had had $8,000 transferred to it from the Canadian government ($500 for myself & my wife covering the 8 weeks from March 15th to May 15th).