Blog | 4 Corner Financial

CEBA extended to October 31st. Expanded to include more businesses.

by James Dietrich | Sep 1, 2020 | 2020 Only, Blog, Coronavirus, Coronavirus - Practice Owners, Debt

On August 31st, Deputy Prime Minister and Minister of Finance Chrystia Freeland announced the extension of the Canada Emergency Business Account (CEBA) to October 31st, 2020. This will give small businesses 2 additional months to apply for the $40,000 loan. In...

Charitable Giving

by James Dietrich | Sep 1, 2020 | Blog, Charitable Gifting, tax

Why do individuals give to charity: ● Leave a legacy ● Essential to organizations ● Meaningful tax relief for contributors There are many ways to give and lots of potential tax savings: 1. Simple Cash Gifts – Charitable tax credit 2. Gifts in Kind –...

CERB transitions to NEW Recovery Benefits and EI

by James Dietrich | Aug 21, 2020 | 2020, Blog, Coronavirus, Coronavirus - Associates, Coronavirus - Practice Owners, Coronavirus - Retired, Coronavirus - Retiring, Coronavirus - Students

CERB extended by 4 weeksOn August 20th, the Federal Government announced the extension of the Canada Emergency Response Benefit (CERB) by one month and the subsequent transition, on September 27th, to a simplified Employment Insurance (EI) Program for those who remain...

Details of the EXPANDED Canada Emergency Wage Subsidy

by James Dietrich | Aug 12, 2020 | 2020 Only, Blog, Coronavirus, Coronavirus - Practice Owners

On August 11th, the Government of Canada updated the calculator and Canada.ca with the changes to the Canada Emergency Wage Subsidy (CEWS). If you’re a business owner who has suffered losses as a result of COVID-19 and did NOT qualify previously for CEWS, you...

6 Steps to Retirement Success

by James Dietrich | Aug 1, 2020 | Blog, Business Owners, Family, investment, retirees, RRSP, Tax Free Savings Account

Retirement planning can be challenging, we’ve outlined what we feel are 6 steps to retirement success.Have a written plan which merges life priorities with financial resources.Consolidate your income-producing assets with one advisor.Layer different sources of...

Canada Emergency Wage Subsidy expanded to include more businesses!

by James Dietrich | Jul 17, 2020 | Blog, Business Owners, Coronavirus, Coronavirus - Practice Owners, corporate

On July 17th, Finance Minister Bill Morneau announced proposed changes to the Canada Emergency Wage Subsidy (CEWS) that will expand the number of businesses that qualify for the program. The major changes he announced were:”First, we’re proposing to extend...

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