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  Canada Emergency Rent Subsidy (CERS) To all our business, non-profit & charity organization clients, this might be of interest! CRA recently gave information about the newest support for businesses, non-profit organizations, and charities: the Canada Emergency Rent Subsidy (CERS).  From CRA: Canadian businesses, non-profit organizations, or charities who have seen a drop in revenue due to the COVID-19 pandemic may be eligible for a subsidy to cover part of their commercial rent or property expenses, starting on September 27, 2020, until June 2021. This subsidy will provide payments directly to qualifying renters and property owners, without requiring the participation…
  Canada Emergency Rent Subsidy (CERS) To all our business, non-profit & charity organization clients, this might be of interest! CRA recently gave information about the newest support for businesses, non-profit organizations, and charities: the Canada Emergency Rent Subsidy (CERS).  From CRA: Canadian businesses, non-profit organizations, or charities who have seen a drop in revenue due to the COVID-19 pandemic may be eligible for a subsidy to cover part of their commercial rent or property expenses, starting on September 27, 2020, until June 2021. This subsidy will provide payments directly to qualifying renters and property owners, without requiring the participation…
  Canada Emergency Rent Subsidy (CERS) To all our business, non-profit & charity organization clients, this might be of interest! CRA recently gave information about the newest support for businesses, non-profit organizations, and charities: the Canada Emergency Rent Subsidy (CERS).  From CRA: Canadian businesses, non-profit organizations, or charities who have seen a drop in revenue due to the COVID-19 pandemic may be eligible for a subsidy to cover part of their commercial rent or property expenses, starting on September 27, 2020, until June 2021. This subsidy will provide payments directly to qualifying renters and property owners, without requiring the participation…
Rental Properties & "Change in Use"Real-Estate. Markets. Investment properties. Rental properties. Mortgages. Interest Rates. SO many hot topics right now regarding the buying and selling of properties. As accountants, we answer a lot of questions from clients regarding real estate. One of the most complicated topics is “change in use”- in simplest terms, when you are moving OUT of a property and converting it to a rental, or moving back IN to a property that was previously a rental. There is a combination of reporting requirements, as well as tax implications, that you would want to discuss with your accountant. These “change…
Rental Properties & "Change in Use"Real-Estate. Markets. Investment properties. Rental properties. Mortgages. Interest Rates. SO many hot topics right now regarding the buying and selling of properties. As accountants, we answer a lot of questions from clients regarding real estate. One of the most complicated topics is “change in use”- in simplest terms, when you are moving OUT of a property and converting it to a rental, or moving back IN to a property that was previously a rental. There is a combination of reporting requirements, as well as tax implications, that you would want to discuss with your accountant. These “change…
  Rental Properties & "Change in Use" Real-Estate. Markets. Investment properties. Rental properties. Mortgages. Interest Rates.  SO many hot topics right now regarding the buying and selling of properties. As accountants, we answer a lot of questions from clients regarding real estate.  One of the most complicated topics is “change in use”- in simplest terms, when you are moving OUT of a property and converting it to a rental, or moving back IN to a property that was previously a rental. There is a combination of reporting requirements, as well as tax implications, that you would want to discuss with…
BC Elections and Your Business North Vancouver Chamber recently wrote about the BC elections, and how candidates are tackling the issues facing businesses here on the North Shore. They included information regarding what COVID related issues were the most significant for businesses, and what the top election issues were for businesses. The candidates unedited responses to five important business related questions can be found on the North Vancouver Chamber website here.    Source: North  Vancouver Chamber: "Meet Your Candidates" https://www.nvchamber.ca/north-vancouver-meet-your-candidates-bc-election-2020/
  Blueshore Financial COVID19 Grant We love Blueshore! Blueshore Financial has been a great business connection for us here locally in North Vancouver. Recently, Blueshore Financial contacted us, and generously provided us with a grant. They offered grants to help local companies restart their businesses as they adjusted to meet the impacts of COVID19.  This grant enabled us to purchase important safety supplies for our staff & outfit our office with the necessary protection to continue serving our clients.  According to their website, Blueshore Financial is a “designated Caring Company by the Canadian Centre for Philanthropy and a proud member…

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