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The Latest at Baker Tilly Ottawa

  • Baker Tilly

    Canada Emergency Wage Subsidy (CEWS) announced

    April 9, 2020 update: the federal government has announced changes to the Canada Emergency Wage Subsidy (CEWS). The details of these updates can be found here.

    In a press conference today, Minister Morneau announced details of the new Canada Emergency Wage Subsidy (CEWS). The announcement by Minister Morneau, followed by details from Department of Finance, provides some important information about this new wage subsidy program.

    Baker Tilly

    Additional measures from the CRA

    The Canada Revenue Agency (CRA) has announced additional measures on March 26, 2020 in regard to the extension of tax reporting deadlines. These measures are in addition to the income tax filing and payment deadline extensions previously announced as part of the fiscal measures taken in response to COVID-19.

    Corporate Finance

    Your go-to resource for investment banking, transaction structuring, M&A and capital advice — whether you’re a buyer, seller, lender, private equity investor or focused on growing or restructuring your business — our Corporate Finance professionals are masters of the art of the deal.

  • Baker Tilly

    Deadline for QST returns and payments postponed

    In response to the economic impact of the COVID-19 pandemic, the Québec government has postponed the deadline for filing QST returns and making the attendant payments. This will apply to filings and payments due between March 27 and June 1, 2020, with June 30, 2020 serving as the new deadline. For reporting periods with filing deadlines that fall after June 1, 2020, the filing and payment deadlines stipulated in the tax legislation will still apply.

    Baker Tilly

    Investment Funds

    The investment funds industry has experienced significant growth in the last 20 years directly contributing to the wellbeing of the Canadian economy. As the leading advisors to the mid-market investment funds sector, we are the right partners to bring greater financial clarity and guidance.

  • Baker Tilly

    ON Economic and Fiscal Update

    On March 25, 2020, the Ontario government delivered the province’s economic and fiscal update.  The update also indicates the province intends to deliver a multi-year Ontario budget no later than November 15, 2020.