Updates for the week of March 1, 2021
Prince Edward Island:
- The provincial government announced two new supports to help people get through the latest health measures related to COVID-19.
- The Prince Edward Island Emergency Payment for Workers is a $500 payment for workers and self-employed people who have completely lost their income or will have their hours reduced by at least 12 hours a week between February 28 and March 14, 2021.
- The province is relaunching the Prince Edward Island Impacted Worker Grocery Card Program. These $100 grocery gift cards are for workers laid off between February 28 and March 14, 2021. The employer must complete the application form for the program then distribute the cards to affected employees.
- Learn more about the Prince Edward Island Emergency Payment for Workers and the Prince Edward Island Impacted Worker Grocery Card Program.
Nova Scotia:
- The provincial government announced a $7 million property tax rebate program to help the service sector with the impact of COVID-19 shutdowns.
- The Small Business Real Property Tax Rebate Program provides qualified businesses with a one-time rebate of a portion of their paid property taxes. Qualified businesses can choose a rebate of $1,000, or 50 per cent of the commercial real property taxes paid for the final six months of the 2020-21 tax year.
- Nearly 3,300 businesses are eligible, including dine-in restaurants and drinking establishments; gym and fitness establishments; hair salons and barber shops, spas, nail salons and body art establishments.
- Learn more about the Small Business Real Property Tax Rebate Program.
New Brunswick:
- The provincial government has changed the Small Business Recovery Grant program to expand its eligibility and improve access for sectors impacted by public health measures and restrictions.
- The program was originally open to small businesses located in zones that faced elevated public health measures for at least one week between October 10, 2020, and March 31, 2021. Under the new expanded criteria, tourism operators are now eligible within all zones in the province. Non-essential retail businesses are eligible if they were in a zone that experienced a lockdown.
- For more eligibility information, or to apply, visit the Small Business Recovery Grant website.
Manitoba:
- The provincial government is making a third round of Manitoba Bridge Grant payments to help protect businesses in the province from the impacts of COVID-19
- the province will provide up to $67 million in immediate support to eligible small and medium-sized businesses, not-for-profits and charities impacted by the #RestartMB Pandemic Response System.
- Eligible businesses that received a first and second bridge grant payment, each worth up to $5,000, will automatically receive a third equal payment.
- The province has extended the Manitoba Bridge Grant application deadline until March 31.
- Learn more about the Manitoba Bridge Grant.
- Manitoba Finance is extending its tax relief measures to provide extra support to businesses
- Small and medium-sized businesses with retail sales tax remittances of no more than $10,000 per month are eligible for an interest and penalty-free payment deferral to June 30, 2021.
- Businesses are also eligible for an interest and penalty-free payment deferral until June 30, 2021, for the March quarterly RST return.
- The Health and Post-Secondary Education Tax Levy returns for small and medium-sized businesses with remittances of no more than $10,000 per month are eligible for an interest and penalty free payment deferral to June 30, 2021.
- Businesses must continue to file returns by the required due dates.
- The province has also extended the previous interest and penalty-free repayment option that was set to expire March 31 until June 30, 2021.
Saskatchewan:
- The provincial government is using $19 million from the Federal Safe Restart Agreement to help licensed Saskatchewan child care centres and homes offset additional expenses incurred during the COVID-19 pandemic.
- The funding will provide targeted support to facilities that have been financially impacted by COVID-19, helping with the costs of implementing additional safety measures and allowing for continued access to child care for parents and caregivers returning to work.
- Two grants will be provided: a one-time COVID Supplement Grant of $600 per space to all licensed child care centres and homes, and a one-time Deficit Support Grant will be provided to those facilities that experienced deficits based on the financial information submitted to the ministry in February.
- Read the official release to learn more.
British Columbia:
- The provincial government has extended the deadline for the Small and Medium Sized Business Recovery Grant program. In addition, one of the main requirements has been lowered to ensure more businesses are eligible.
- The application deadline for the Small and Medium Sized Business Recovery Grant program has been extended until August 31, 2021.
- Businesses must demonstrate a 30 percent revenue loss in any one month between March 2020 to the point of application, down from the previous threshold of 70 percent.
- For more information, or to apply online, visit the Small and Medium Sized Business Recovery Grant website.
- Several tax changes delayed by the pandemic will go into effect April 1, 2021.
- As of that date, all sellers of digital software and telecommunication services will be required to collect PST on sales to B.C. customers if they have B.C. revenues of more than $10,000.
- Additionally, all Canadian sellers of vapour products will be required to register to collect PST on all online or mail-order sales to B.C. customers.
- Also, the provincial government will open applications for two tax benefits to support businesses. One offers a temporary PST rebate on select machinery and equipment, and the second is a refundable tax credit for employers, which encourages the creation of new jobs for B.C. workers or increases in payroll for existing low- or medium-income employees.
- Get tax information for businesses.
- The provincial government is investing $5.6 million to expand the BC Food Hub Network to Victoria, Bowser, Cowichan Valley, Abbotsford, Kamloops, Creston and the Kootenay-Boundary region.
- The hubs will help small- and medium-sized businesses access shared food and beverage processing space and equipment to increase their production and sales.
- Learn more about the BC Food Hub Network.
Northwest Territories:
- The Government of the Northwest Territories (GNWT) is extending the Wage Top Up Program until August 31st, 2021.
- To support low-wage workers during the Covid-19 pandemic, the territorial government has implemented the Wage Top-Up Program to provide temporary financial assistance to workers aged 15 or over and earning less than $18 per hour. Workers earning an hourly wage between $13.46 and $17.99 have their wage topped up to $18.00 per hour.
- The program was originally introduced as a short-term measure to cover April 1st, 2020 to July 31, 2020 and has since been extended three times.
- Learn more about the Wage Top Up Program.