COVID-19 Update | Tuesday, March 24 (AM)
March 24, 2020 / Really Old Microsites
Congress Senate Negotiations between key Senators and Treasury Secretary Steven Mnuchin continued late into the night last night on the third COVID-19 relief package. At this time, an agreement has not yet been announced. Senate Minority Leader Schumer and Treasury Secretary Mnuchin last night both expressed optimism that a deal would be reached this morning […]
Read More
Where to start
March 24, 2020 / Really Old Microsites
Many Canadian business owners and entrepreneurs are anxious about how to get the help they need in the face of COVID-19. Here are a few good places to start: Visit the website for businesses for information about supporting your employees and your business. It will be constantly updated as the COVID-19 crisis evolves. Download the Canada Business App to find […]
Read More
Business measures from Canada’s economic recovery plan
March 24, 2020 / Really Old Microsites
500,000 Canadians applied for EI support last week. TIAC encourages members to apply for available business supports from the government as soon as possible. The government is: Essentially eliminating the payroll tax for three months by providing a 10% wage subsidy to small businesses; Helping businesses with cash flow by deferring tax payments until after […]
Read More
COVID-19 Update | Monday, March 23
March 24, 2020 / Really Old Microsites
Today, the Prime Minister reaffirmed the importance of social distancing to help flatten the curve of COVID-19., telling Canadians with a strong message to “go home, and stay home.” Social distancing means keeping at least 2 meters away from other people, staying home whenever possible, and avoiding all group situations. There was a warning made […]
Read More
COVID-19 Update | Monday, March 23 (PM)
March 23, 2020 / Really Old Microsites
Congress Negotiations continue on the third COVID-19 package after a procedural vote failed to reach the 60-vote threshold in the early afternoon. Reports confirm that Treasury Secretary Mnuchin, Majority Leader McConnell, and Minority Leader Schumer continue to speak frequently in an effort to reach agreement. We are hearing that a deal could be coming within […]
Read More
COVID-19 Update | Monday, March 23 (AM)
March 23, 2020 / Really Old Microsites
Congress Talks went late into the night last night with Secretary Mnuchin shuttling back and forth between the Democratic and Republican Leaders. The Republicans attempted to schedule a vote at 9:15 today that was objected to by the Democrats last evening. The Senate is expected to be back in session at noon today. Once they […]
Read More
COVID-19 Update | Sunday, March 22 (PM-2)
March 22, 2020 / Really Old Microsites
Administration Senate vote on moving forward with third COVID-19 relief bill fails – negotiations continue. The President today approved Major Disaster Declarations for New York and Washington and indicated that he would approve one for California either later tonight or tomorrow. A major disaster declaration provides a wide range of Federal assistance programs for individuals […]
Read More
COVID-19 Update | Sunday, March 22 (PM)
March 22, 2020 / Really Old Microsites
Administration Secretary Mnuchin is now referring to direct payments as “direct deposits”, stating that the average payment to a family of four would be $3,000 and that the package is aiming to help people for 10 to 12 weeks. Congress Negotiations are continuing and Speaker Pelosi has said there is no deal and the House […]
Read More
COVID-19 Update | Sunday, March 22
March 22, 2020 / Really Old Microsites
On Sunday it was announced that the House of Commons will be returning on Tuesday of this week at 12pm for emergency legislation. 32 MPs will be present. Legislation will get passed and likely pass to the Senate on early Wednesday morning.
Read More
COVID-19 Update | Friday, March 21 (PM)
March 21, 2020 / Really Old Microsites
Administration The Federal government is allowing borrowers to suspend federal student loan payments for at least 60 days. To be considered for the deferment of payments, borrowers who have federally held loans will have to make a request directly to their servicers, such as Navient, Nelnet, FedLoan Servicing or Great Lakes, over the phone or […]
Read More
