COVID-19 Assistance & Resources for Businesses
In an effort to support our members, the Comox Valley Chamber invites you to attend an information session with:
  • WorkBC
  • Cloutier Matthews LLP | Chartered Professional Accountants

This session aims to provide clarity for you, your business, and your employees as our community navigates the current health crisis.


Facebook Small Business Grants Program - https://www.facebook.com/business/boost/grants


COVID-19: Answering Employers' Frequently Asked Questions about Novel Coronavirus


The Canada Revenue Agency will allow businesses to defer, until after August 31, 2020, the payment of any income tax amounts that become owing on or after today and before September 2020. This relief would apply to tax balances due, as well as installments, under Part I of the Income Tax Act. No interest or penalties will accumulate on these amounts during this period. 
 
Recently announced provincial COVID-19 Action Plan - $5 billion in income supports, tax relief and direct funding for people, businesses and services.

The plan dedicates $2.8 billion to help people and fund the services they need to weather the crisis; $2.2 billion will provide relief to businesses and help them recover after the outbreak.

There are three themes to the Action Plan:
  • Keeping people safe and healthy (Boosting funding for critical services and delivering financial support for British Columbians)
  • Providing relief for businesses (Tax support for businesses and relief for commercial property owners and tenants)
  • Investing in a longer-term economic plan (Funding to support economic stimulus once the pandemic has passed)

The press release is below and available at:

https://news.gov.bc.ca/releases/2020PREM0013-000545 and a more detailed breakdown of funds can be found at:


Thank you for staying in touch with The Comox Valley Chamber of Commerce. The Chamber sends a regularly scheduled Newsletter every second Thursday. From time to time, we will also send emails about important issues facing the business and/or local community, surveys, and information about upcoming events and E-Blasts. You may unsubscribe at any time.
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