Canada's COVID-19 Economic Response Plan: How Can Your Business Benefit?
The Government of Canada is showing support for Canadian businesses that may be experiencing difficulties due to the worldwide COVID-19 pandemic.
The government's response plan is fluid, as the Canadian economy continues to adjust to these turbulent times. It is important to stay updated daily, to see if your business can benefit. Key areas of support, the latest details of which are set out in the article, include access to credit, retaining employees and key personnel, providing market stability and granting flexibility:
Areas & Expertise:
Bringing Clarity to the Interest Act: The ClearFlow Decision
The Principle About Interest: The Ontario Superior Court of Justice on Section 4 of The Interest Act and the Need to Disclose Interest Rates in Commercial Contracts
Pick Your Poison: Supreme Court Finds Bank Liable For Third Party Employee's Fraud
Vin For The Win: Bill 154 Enhances Clarity Surrounding Errors In Motor Vehicle Registrations
On September 14, 2017, the Ontario government introduced Bill 154, Cutting Unnecessary Red Tape Act, 2017 (the "Act"). The Act received Royal assent on November 14, 2017. The Act is part of the government's initiative to "cut unnecessary red tape" in respect of over 100 pieces of Ontario legislation in order to help businesses save time and money.