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8 Common Mistakes With CEWS: You May be Eligible if You Think You’re Not

It has been 100 days since Prime Minister Justin Trudeau announced that the Federal Government was proceeding with a 75% wage subsidy program. The Canadian Emergency Wage Subsidy (CEWS) was created and details began to be released in the days and weeks. In less than 100 days the government has received over 500,000 applications from […]

Techopia Talks: Raising Capital in a Pandemic Economy Now Available

Our Managing Partner, Susan Richards, FCPA, FCMA joined as an expert guest panelist on Techopia Talks on Raising Capital in a Pandemic Economy . In this episode of Techopia Talks, OBJ publisher Michael Curran assembled a panel of financing experts to provide practical advice for#startups looking to continue to grow their business amidst the COVID-19 […]

Techopia Talks: Raising Capital in a Pandemic Economy with Susan Richards

Our Managing Partner, Susan Richards, FCPA, FCMA will be joining as a guest panelist on the upcoming Techopia Talks on Raising Capital in a Pandemic Economy webinar to discuss what companies should keep in mind when fundraising in our new economy. In a very short period of time, the fundraising environment has dramatically changed for […]

Look Out for the 14 Day Rule – Canadian Emergency Wage Subsidy

The Canadian Emergency Wage Subsidy (CEWS) has been critically important to keeping businesses afloat. Like most COVID-19 Federal Government programs the initiative was launched not a minute too soon to impact jobs and in fact many layoffs commenced in or around March 15th. Once business owners gained confidence that they were eligible for CEWS some […]

Are You Eligible for the BCAP & RRRF Financial Support Programs in Canada?

Now that we are 10 weeks into the pandemic era, we are all speaking a new language. #Social distancing, #physical distancing, #CEWS, #CEBA, #CERB, and #RRRF are all trending. The Regional Relief and Recovery Fund (RRRF) is financial support for those that have been unable to access existing support measures. FedDev Ontario (the body charged […]

Everything You Need to Know About the Regional Relief & Recovery Fund (RRRF)

FedDev Ontario is one of Canada’s 6 Regional Development Agencies (RDA) charged with administering the Regional Relief and Recovery Fund (RRRF) covering the southern Ontario region (for clarity, that includes Ottawa). RRRF provides interest free loans to help support fixed operating costs of SMEs affected by COVID-19. The loans range from $40k – $500k depending […]

FEM FOUNDER Interview With Susan Richards

Our Managing Partner Susan Richards has been interviewed by FEM FOUNDER as part of their women entrepreneur series. The interview discusses Susan’s background, what inspired her to start numbercrunch, balancing work and life, advice for aspiring entrepreneurs and much more. READ THE INTERVIEW HERE

4 Key Variables to Assess Eligibility for the Canadian Emergency Wage Subsidy

The Canada Emergency Wage Subsidy (aka CEWS) is a wage subsidy program available to eligible employers for a period of twelve weeks that provides a subsidy of 75% of the remuneration paid to each employee to a maximum of $847/week. The formula to assess eligibility is built around 4 key variables: 1. Time comparisons 2. […]

The Canadian Emergency Wage Subsidy is Live!

The Canadian Emergency Wage Subsidy (aka CEWS, the 75% wage subsidy) is now live! Applications are now being accepted to claim a refund of 75% of wages paid between March 18 – Apr 11th if you experienced a 15% revenue (or customer receipts) drop in March 2020 as compared to either a) March 2019 or […]