Royal Lepage commercial division
30 Eglinton Avenue west, Suite 201 L5R 3E7 Mississauga, ON, Canada

Heads up to all restaurant owners. Province has put forth the guidelines for reopening. Read and be ready. Time has come to reopen your establishments. https://www.blogto.com///restaurants-rules-reopen-toronto/

For those who still haven't applied. Take advantage of this loan to help get over the hump. Criteria for Small Business CEBA Loan Program Expanded The federal government has announced that eligibility criteria for the Canada Emergency Business Account (CEBA) has been expanded to include more small businesses. The program will now be available to businesses with sole proprietors, those that rely on... contractors, and family-owned businesses that pay employees through dividends rather than payroll. TRREB welcomes this announcement as we have been working with CREA in advocating for changes to CEBA that would allow more REALTORS to access the program, along with other business groups. These changes are expected to benefit Realtors and brokerages. To qualify under the expanded eligibility criteria, applicants with payroll lower than $20,000 would need: a business operating account at a participating financial institution;a Canada Revenue Agency business number, and to have filed a 2018 or 2019 tax return; andeligible non-deferrable expenses between $40,000 and $1.5 million. Eligible non-deferrable expenses could include costs such as rent, property taxes, utilities, and insurance. More details, including the launch date for applications under the new criteria, are expected in the next few days. In addition, the government will work on potential solutions to help business owners who operate through their personal bank account, as opposed to a business account, or have yet to file a tax return, such as newly created businesses. Launched on April 9, 2020, CEBA offers interest-free, partially forgivable loans of up to $40,000 to small businesses and not-for-profits that have experienced diminished revenues due to COVID-19, but face ongoing non-deferrable costs, such as rent, utilities, insurance, taxes and employment costs. Twenty-five percent of this loan is forgivable if repaid by December 31, 2022. To review the complete federal government news release, please click here. Please note: the federal government is constantly updating their website as new information is announced. Remember to check Canada's official coronavirus webpage to stay up to date.

*Canada ranked number 1 country in the world for Quality of Life* Each of those metrics was then placed into one of nine sub categories that included: A good job market... Affordability Economic stability Family friendly Income equality Politically stable Safety Well-developed public health system Well-developed public education system Canada beat out Sweden, Denmark, Norway, Switzerland, and Finland, which all finished in the Quality of Life top five. Here are the 20 best countries for Quality of Life in 2019. 1. Canada 2. Sweden 3. Denmark 4. Norway 5. Switzerland 6. Finland 7. Australia 8. Netherlands 9. New Zealand 10. Germany 11. Belgium 12. UK 13. Japan 14. Luxembourg 15. Ireland 16. France 17. USA 18. Singapore 19. Portugal 20. China

Sharing a spirit of joy and peace with you allSharing a spirit of joy and peace with you all