Update on Canada Covid Supports

On October 21, 2021, the government of Canada made an announcement in respect of the future of various COVID-19 support programs. They include: The general Wage Subsidy (CEWS) and Rent Subsidy (CERS) will expire on October 23, 2021. The Hiring Subsidy (CRHP) will be extended until May 7, 2022 with the subsidy rate to be…

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CLIENT UPDATE – October 28, 2021 COVID RELIEF PROGRAMS

On October 21, 2021, the federal government announced the next phase of COVID relief programs for both individuals and businesses.  For individuals, the Canada Recovery Benefit (CRB) ended October 23, 2021 and is being replaced with the Canada Worker Lockdown Benefit (CWLB) focused on those out of work due to a government-imposed lockdown.  The existing…

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CLIENT UPDATE – October 27, 2021 Action Needed – New Online Ontario Business Portal

This bulletin is inform you of an important change in how Ontario businesses and not-for-profits will be required to deal with the Government of Ontario.  Service Ontario has launched an online portal, the Ontario Business Registry, for businesses and not-for-profit corporations that are registered, incorporated, or licensed to carry on business in Ontario. This service…

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Federal Budget: 2021

On April 19, 2021 (Budget Day) Finance Minister Chrystia Freeland announced the first budget presented by the government in two years, “A Recovery Plan for Jobs, Growth, and Resilience”. The Budget indicates that the deficit for the 2020-2021 year was $354 billion, anticipates a deficit of $154 billion for 2021-2022 fiscal year and projects that…

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CLIENT UPDATE 2020 Tax Season – Providing Your Documentation

As the second round of pandemic-era personal tax season begins, we are striving to provide our clients and staff with safer alternatives for the delivery of information. The purpose of this update is to advise you of the methods which are available to you for submitting your tax information to us for preparation, and options…

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CLIENT UPDATE – Wage Subsidy Application and Reporting Deadlines Approaching

January 11, 2021 There are a number of deadlines quickly approaching for the Canada Emergency Wage Subsidy (CEWS) and the Temporary Wage Subsidy (TWS). You may miss out on these important subsidies if you apply late. In addition, there are several reporting deadlines approaching that will impact all employers, even those that did not receive…

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Firm Operation During The Provincial Lockdown CLIENT UPDATE

December 23rd 2020 Dear Valued Wilkinson & Co. Clients, As the province enters a lockdown on December 26, 2020, we will be making the following changes to our operations to ensure compliance and public safety. We will continue to provide high-level service to all our clients while lowering the levels of social contact that may…

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CLIENT UPDATE – New Rules for Employee Home Office Claims

December 22, 2020 Employees may be able to claim a home office expense if they worked from home due to the pandemic. In 2020, many employees that do not normally work from home did so either because their normal workplace was closed, they needed to care for family members or, were isolating due to health…

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Congratulations To This Years Successful CFE Writers

The Partners and staff at Wilkinson & Company LLP are proud to announce that Mitchell Tomlin, Paulina Uy, Hardik Patel, and Bradley Limin have passed the CFE, the last milestone in completing the academic requirements leading to the CPA designation. A national three-day exam, the CFE assesses candidate competencies, including knowledge, professional judgement, and ethics. Valued members…

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Zach Kruger CPA, CA Partnership Announcement

The Partners of Wilkinson & Company LLP are pleased to announce that Zach Kruger CPA, CA, will be admitted to the partnership on January 1, 2021. Zach is a product of a strong development program at Wilkinson & Company LLP.  He began with the firm as a co-op student in May 2007 and transitioned to…

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