The team at SALT decided to close our doors to the public on March 17th. We did this to support the movement of social distancing and to flattening the curve. I instantly felt a sense of relief, followed by sadness having made this decision. It was a very hard one as it impacts all my staff, makers and supply accounts for the SALT brand; this choice halts everything. Moving forward from that moment I asked myself what's next.
Like many entrepreneurs my brain jumped into overdrive on how to get thru this. I came up with online initiatives for SALT and it also landed on the need to be in the know with the resources that are being put forth by the Government of Canada. Which led me to think, if i'm learning about it, I can share it with all of you!
This post will be regularly updated with links and information on how to apply for all of the funding available for access by the Government of Canada. I will do my best to explain how, when and who can apply. We are all in this together, this is my part in helping all of you to access the funds you need to get thru this storm. Lets stay home and flatten the curve.
ANNOUNCED MARCH 18TH, 2020
Today Justin Trudeau announced a $82-billion aid package to help Canadians and small business get thru this unusual time.
The most stress relieving release that I saw today was the following;
- A new Emergency Care Benefit of up to $900 biweekly, up to 15 weeks, to provide income support to workers, including the self-employed, who have to stay home and don't qualify for paid sick leave or employment insurance. The measure could disburse up to $10 billion.
Other important plans include:
- Temporarily boosting Canada Child Benefit payments, delivering about $2 billion in extra support.
- A six-month, interest-free reprieve on student loan payments.
- Doubling the homeless care program.
- Extending the tax filing deadline to June 1.
- Allowing taxpayers to defer until after Aug. 31 tax payments that are due after today and before September.
- $305 million for a new Indigenous Community Support Fund to address immediate needs in First Nations, Inuit and Métis Nation communities.
So the above is great news, but how do we apply for it!? You can find a TON of information on Canadas COVID-Economic Response Plan webpage linked below.
When you navigate to this page I pay special attention to the Support for Small Business section. If we can get support, we can continue to support those that we work with to continue some sense of normalcy. But the real question is, How to do we access and apply for these funds. Stay tuned, I'm researching it!
(i'll update this as often as I consume the information).
from SALT Shop - Journal https://saltshop.ca/blogs/news/covid-19-resources-for-self-employed-small-business-more
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