Covid-19: Facts & Resources

The Coronavirus disease has created challenges across Canada and the world. It’s important to stay informed and educated so you’re equipped to take care of yourself, your family and your business.

We are ready to serve you and answer any questions you have about your employee benefits, insurance and investment. Please feel free to contact us if you have any questions. We are here for you.

Latest News

Below you will find our latest news on government programs currently available. Should you need any further information, please do not hesitate to contact us.

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

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 addition, the Federal Government said it was working with financial institutions to make the CEBA program available to those with qualifying payroll or non-deferrable expenses that have so far been unable to apply due to not operating from a business banking account.

CERB transitions to NEW Recovery Benefits and EI

On August 20th, the Federal Government announced the extension of the Canada Emergency Response Benefit (CERB) by one month and the transition to the Canada Recovery Benefit, Canada Recovery Sickness Benefit, Canada Recovery Caregiving Benefit and a simplified EI.

Details of the EXPANDED Canada Emergency Wage Subsidy

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 may now qualify.

Canada Emergency Wage Subsidy expanded to include more businesses!

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.

Canada Emergency Wage Subsidy extended into December!

On July 13th, Prime Minister Justin Trudeau announced the extension of the Canada Emergency Wage Subsidy (CEWS) until December.

CERB Extended | Business Owners who did not qualify previously - expanded CEBA starts June 19th

Great news for Canadians out of work and looking for work. The CERB will be extended another 8 weeks for a total of up to 24 weeks. The expanded CEBA will begin June 19th.

Small Businesses! Applications for Canada Emergency Commercial Rent Assistance starts May 25th

The Application portal for the Canada Emergency Commercial Rent Assistance (CECRA) opens at 8:00am EST on May 25th

Expanded eligibility for CEBA $40,000 interest-free loan

The Prime Minister outlined the expanded eligibility for the Canada Emergency Business Account and highlighted companies such as hair salon owners, independent gym owners with contracted trainers and local physio businesses will now be eligible. "If you are the sole owner-operator of a business, if your business relies on contractors, or if you have a family-owned business and you pay employees through dividends, you will now qualify." - PM Justin Trudeau

Apply starting Friday for Canada Emergency Student Benefit! Help on the way for seniors.

The Canada Emergency Student Benefit (CESB) provides financial support to post-secondary students, and recent post-secondary and high school graduates who are unable to find work due to COVID-19.

Sunlife: Extending some of our claims practice exceptions, continuing benefits coverage during Covid

Sun Life Group Benefits will be extending some exceptions to claims practices from June 1 2020 to July 31, 2020.

Extended! Canada Emergency Wage Subsidy extended beyond June

On May 8th, Prime Minister Justin Trudeau announced that they will extend the Canada Emergency Wage Subsidy (CEWS) beyond June.

Guide to Covid-19: Government Relief Programs in Canada

The intention for our "Guide to Covid-19: Government Relief Programs in Canada” is to help businesses and individuals to cut through the noise and make sure they’re getting all the help they can receive from the federal and provincial programs.

75% Commercial Rent Assistance Program

On April 24th, the Federal Government in partnership with the provinces and territories unveiled the Canada Emergency Commercial Rent Assistance which provides rent relief to businesses.

Canada Emergency Student Benefit: Students will be eligible for $1,250 a month from May through August

Great news for students worried about financially making ends meet. Prime Minister Justin Trudeau announced the Canada Emergency Student Benefit which provides $1,250/month from May through August or $1,750/month for those taking care of someone else or have a disability. For students looking to volunteer to help fight COVID-19, the Canada Student Service Grant provides $1,000 to $5,000

Apply for Canada Emergency Wage Subsidy starting April 27th | Calculate your subsidy

On April 21st, Prime Minister Justin Trudeau announced that the Canada Revenue Agency will accept applications for the Canada Emergency Wage Subsidy (CEWS) starting Monday, April 27th. This new measure gives qualifying employers up to $847 per employee each week so they can keep people on the payroll.

Empire Life: Premium reduction for dental and extended health benefits

These continue to be extremely challenging times for Canadians. This is particularly true for small and medium-sized businesses, who are facing immense pressures. With dental offices and many extended health care providers closed, we have seen a reduction in claims for these types of services. Generally speaking, plan members are only accessing emergency treatments and some virtual services. As a result, we are providing a premium reduction for the month of April, as described below. This will provide additional business relief to plan sponsors and assist with cash flow.

RBC COVID-19 Update: Premium credits for Health & Dental

With the impacts of COVID-19 evolving, we continue to review clients’ needs and adjust our approach. As a result of physical distancing measures and business closures, visits to the dentist, chiropractor, physiotherapist and other healthcare professionals have declined. To reflect this, we will apply premium credits for dental and extended health care benefits.

Blue Cross: New pandemic premium relief program for plan sponsors

Small- and medium-sized businesses are dealing with the most challenging economic crisis of our time. We are committed to doing our part to help ease the financial burden on plan sponsors during this difficult period.

Canada Life: Continued financial relief with premium reduction adjustments

It has been our goal to remain flexible and to continue to be by your side with creative solutions to provide you with support in these challenging times. Today we’re announcing additional financial support for you.

Significant new financial relief for Manulife group benefits plan sponsors

Unlike anything in recent memory, the coronavirus is having a serious effect on Canadians and our economy. To support you and help provide financial relief to our clients, we are taking a significant step. If you have a fully insured non-refund accounted benefits plan with Manulife, we're covering 50% of your dental premium and 10% of your extended health care premium (including prescription drugs) in the month of May to reflect the claims activity we've seen in April.

Sun Life - New for all non-refund Clients: Premium credits for dental and extended health care

The pandemic has been a challenge for everyone. We know it’s been a great challenge for many small businesses. We continue to seek ways to ease the burden – while still providing the coverage your plan members need.

Equitable Life: Premium relief for Dental and Extended Health Care benefits

We know this is a difficult time for Canadian employers and that many of your clients are facing financial hardship as a result of the COVID-19 pandemic. We continue to look for ways to help employers manage while still supporting their employees.

New Canada Emergency Commercial Rent Assistance | Canada Emergency Business Account Expanded

On April 16th, Prime Minister Justin Trudeau announced support for to help small businesses with their rent for the months of April, May and June. The program is being worked out with the provinces and more details will be available shortly.

Two new resources for Canadians struggling with their mental health

For Canadians who need mental health support during the COVID-19 pandemic, there are two new resources available to help you through these tough times: 1) Stronger Minds by BEACON 2) Wellness Together Canada

Expanded eligibility for Canada Emergency Response Benefit (CERB) & Boosted wages for Essential Workers

Prime Minister Justin Trudeau announced: "Today, we're announcing more help for more Canadians. This includes topping up the pay of essential workers. At the same time, we'll also be expanding the Canada Emergency Response Benefit to reach people who are earning some income as well as seasonal workers who are facing no jobs and for those who have run out of EI recently. Expanding the CERB to include people who earn up to $1,000 per month. Maybe you're a volunteer firefighter, or a contractor who can pickup some shifts, or you have a part-time job in a grocery store."

WellCan - A new app available to support mental health during COVID-19

Struggling to cope with COVID-19? WellCan.ca provides free digital mental health resources for Canadians online and through their Apple Appstore app.

Applications for the Canada Emergency Business Account starts TODAY!

The new Canada Emergency Business Account (CEBA) is available starting TODAY and is available through major banking institutions. The CEBA will provide qualifying businesses an interest-free loans of up to $40,000 until December 31, 2022.

Rules changed to allow more struggling business owners access to CERB, Wage Subsidy. Summer jobs program increased to 100%

A big win today for some small business owners who previously did not qualify for the $500/week Canada Emergency Response Benefit (CERB) or the 75% Canada Emergency Wage Subsidy (CEWS).

Ontario Support for Families portal is LIVE!

Today, Ontario launched the portal for parents to apply for a one-time COVID-19 payment to help offset the costs of keeping children entertained and engaged during this time away from school. Under this new program, parents are eligible for a one-time per child payment of: $200 for children aged 0 to 12 $250 for children or youth aged 0 to 21 with special needs

Accepting Applications starting April 6th - Canada Emergency Response Benefit (CERB)

The sheer volume of applications for the Canada Emergency Response Benefit (CERB) will likely overwhelm the system. If you or someone you know need to apply for this benefit, we suggest you prepare TODAY before the applications begin: Double check your myCRA account username and password Setup Direct Deposit with CRA

Tax Loss Selling

Over the last few weeks, the financial market has taken a downturn amidst fears over Coronavirus. Understandably, you are concerned with your portfolio, it’s important to stay level-headed to avoid making financial missteps. However, staying level-headed doesn’t necessarily mean you sit there and do nothing. In fact, one consideration you can look is taking an active tax management approach. Tax loss selling is a strategy to crystallize or realize any capital losses in your non-registered accounts so it can be used to offset any capital gains.

Free pharmacy home delivery with McKesson Canada

Free pharmacy home delivery with McKesson Canada We know that plan members want to ensure they have enough medication at home during the COVID-19 pandemic. With many of us social distancing and self-isolating, it might be difficult for plan members to get to their pharmacy. Many pharmacies offer home delivery. But if a plan member’s pharmacy doesn’t have home delivery, we can help!

Do I Qualify for the Canada Emergency Response Benefit & EI?

To help Canadians through this difficult time, the Federal Government created the Canada Emergency Response Benefit (CERB) and made changes to the Employment Insurance Program (EI). For those whose employment has affected by the Coronavirus, we have created a chart to help you figure out which program you qualify for and provide links to apply for each program.

Help for Small/Medium Businesses & Entrepreneurs - 75% wage subsidy, $40,000 interest-free loan & more

March 27, 2019 - Prime Minister Justin Trudeau announced programs and measures focused on helping Small & Medium Sized Businesses and Entrepreneurs cope with the economic consequences caused by the COVID-19 pandemic. “With these new measures, our hope is that employers being pushed to laying off people due to COVID-19 will think again,” Trudeau said. “And for those of you who have already had to lay off workers, we hope you will re-hire them.”

Canada Emergency Response Benefit to help workers and businesses

$2,000/month for 4 months - Canada Emergency Response Benefit to help workers and businesses

Covid 19 Information for Plan Administrators

The Coronavirus disease has created challenges across Canada and the world. It’s important to stay informed and educated so you’re equipped to take care of yourself, your family and your business. The information on this page is for plan administrators.

Covid 19 Information Centre

The coronavirus disease has created challenges across the world. It’s important to be informed and educated so you’re well equipped to take care of yourself and your family.

Covid 19 Information for Plan Members

The Coronavirus disease has created challenges across Canada and the world. It’s important to stay informed and educated so you’re equipped to take care of yourself, your family and your business. The information on this page is for plan members.

How to apply for EI benefits for COVID-19 quarantines and other support programs

Employment Insurance (EI) sickness benefits provide up to 15 weeks of income replacement and is available to eligible claimants who are unable to work because of illness, injury or quarantine, to allow them time to restore their health and return to work. Canadians quarantined can apply for Employment Insurance (EI) sickness benefits.

Support for Business Owners and Employees Covid 19

We know that clients have questions about the Federal government's economic response plan, we have included a summary of the information below specifically for business owners and employees.

Coronavirus & Market Uncertainty - $82 billion in aid for Families and Businesses

On March 18th, the Prime Minister, Justin Trudeau, announced a further $82 billion in support including $27 billion in direct support for Canadian workers and businesses. This is in addition to the $20 billion announced days earlier which includes $10 billion available through the Business Development Bank of Canada (BDC) to help small and medium-sized businesses.

Coronavirus & Market Uncertainty - Federal Government $20 billion economic aid package

On March 13th, the Prime Minister, Justin Trudeau, outlined Canada's response to COVID-19 including new investments to help protect Canadians and businesses. The total value of an aid package could be up to $20 billion across the country which includes $10 billion available through the Business Development Bank of Canada (BDC) to help small and medium-sized businesses. Here are some details of the programs they are funding: