Brock University is teaming up with Canada Revenue Agency (CRA) to host an information session on the financial impact of the COVID-19 pandemic and available government assistance.
On Tuesday, Dec. 8 at 10 a.m., the Brock community is invited to learn more about services the CRA offers Canadians to mitigate the effects of the pandemic. The CRA-led session will bring awareness to the economic services available to both entrepreneurs and individuals, in the hopes of driving positive economic change.
“As a key figure in the Greater Niagara economy, it is imperative that Brock provides support, expertise and know-how to help slow the economic effects of COVID-19 on our region,” said Phillip Gingras, Executive Director of the Brock LINC. “From tech entrepreneurs to major tourism outfits, we have a dynamic and growing economy, but the effects of the pandemic have been devastating. Tourists have stayed home and companies have put off new acquisitions, investments and updates, leaving businesses seriously close to shutting.”
The focus of the session will be on the Canada Emergency Wage Subsidy, the 10 Per Cent Temporary Wage Subsidy for Employers and the Canada Emergency Response Benefit. Participants will also have an opportunity to ask questions about current tax relief measures implemented by the CRA.
Additionally, a portion of the session will focus on small business owners. Specifically, which CRA programs are available to help businesses through the pandemic, and how to get help to off-set losses, pay employers or gain rent subsidies.
“By partnering with the CRA, we can reach businesses, large and small; we can reach entrepreneurs, employers and employees who can help keep employers solvent, keep them local and keep them in business,” said Gingras. “We’re proud to partner with the CRA and prouder still to promote the economy of our little part of the globe.”
The seminar is open to all members of the Brock community. To register for the webinar, email Gingras at email@example.com