COVID-19 Information & Resources
What we are doing…
At Cloud Accounting & Workflow Management we are committed to providing our clients world-class support. Given the ever-changing situation surrounding COVID-19, and that social distancing is vital to slow the spread of Coronavirus and keep our communities safe, we have cancelled all of our in-person meetings until further notice.
We are committed to providing you with the best service possible during this uncertain time. Please be assured that our service is available to you via phone from 9:00AM until 8:00PM and 24 hours online.
Information and Resources
Our intention is to gather and provide all the most current information from trusted sources that will help you better understand your financial situation during this difficult times and how the current world events can impact you, your family as well as your business. Please make sure to check back frequently as we will be updating the information as we receive it.
Canada’s COVID-19 Economic Response Plan: Support for Canadians and Businesses
What is the Canada Emergency Response Benefit?
If you have lost income because of COVID-19, the Canada Emergency Response Benefit (CERB) will provide you with temporary income support. The CERB will provide you with $500 a week for up to 16 weeks.
How to apply
Applications are being accepted on April 6.
Prior to April 6, individuals who are without work and are eligible for EI can continue to apply for Employment Insurance.
Important! If you are not eligible for Employment Insurance, find out how you can get ready to apply for the CERB through the Canada Revenue Agency.
More Resources and Information:
Quick Links via Government of Canada:
Ontario’s Action Plan: Responding to COVID‑19: Ontario.ca
Things are changing at a rapid pace. In order to provide a financial update that is as current as possible, the government of Ontario is releasing a one-year economic and fiscal update that is based on the best information available.
Read the economic and fiscal update
Ontario’s Action Plan: Responding to COVID‑19 outlines the government’s $17 billion response to ensure our health care system, communities and economy are positioned to weather the challenges ahead.
Direct supports for the health care system, people, families, workers and employers
Ontario’s Action Plan: Responding to COVID‑19 outlines the first steps in the Province’s plan to tackle the COVID‑19 outbreak. The action plan will provide $7 billion in additional resources for the health care system and will provide direct support for people, and jobs. This includes $3.3 billion in additional health care resources, $3.7 billion to support people and jobs, and measures that will make available up to $10 billion in support for people and businesses through tax and other deferrals to improve their cash flows, helping protect jobs and household budgets. Click here to visit the website for their detailed information.
Novel coronavirus (COVID-19) update
Get your WSIB updates here!
Feds extend tax filing deadline, waive interest on balances owing - BNN Bloomberg
Tax relief is on the way for Canadians as the federal government announces a number of changes to the 2019 income tax filing season. Click Here to see the full article.
Employment and Social Development Canada - Voluntary Self-Quarantine (Government of Canada)
According to Service Canada: EI Sick benefits for voluntary self-quarantine covers 14 days with no waiting period and no medical certificate. Shortage of work is business as usual. Notice or termination pay as well as a one-week waiting period will apply. Click Here to get more info.
What employers should know - CTV News
Prime Minister Justin Trudeau has asked that all employees who are able to work from home do so as he introduced the federal government’s plan to provide financial support to individuals and businesses amid the pandemic.
While many companies have directed their employees to work remotely or have temporarily closed their doors, others are still operating and their owners are facing difficult decisions concerning how to balance their employees’ right to a safe work environment with the health of the business. Click Here to get more info.
Big banks promise mortgage help for Canadians as Ottawa set to announce $25B in COVID-19 relief - CBC News
TD Bank announced that the country's six largest financial institutions will "provide financial relief to Canadians impacted by the economic consequences of COVID-19. Click Here for the full article.
Working from home durning uncertain times - BBC News
Companies around the globe have rolled out mandatory remote work. Whether you’re a newbie or WFH veteran, here’s what you need to do to stay productive. Click Here for the full article.
General information about Coronavirus - Unicef.org
There are a lot of myths and misinformation about coronavirus being shared online – including on how COVID-19 spreads, how to stay safe, and what to do if you’re worried about having contracted the virus. So, it’s important to be careful where you look for information and advice. This explainer contains information and recommendations on how to reduce the risk of infection, whether you should take your child out of school, whether it’s safe for pregnant women to breastfeed, and precautions to take when traveling. UNICEF has also launched a portal where you can find more information and guidance about COVID-19. In addition, the WHO has a useful section addressing some of the most frequently asked questions. Click Here for all their nicely summarized information.