The Government of Canada and the Government of Yukon announced a research program that focusses on gathering the unique information needed to support Yukon’s strategic recovery from the impacts of the COVID-19 pandemic.
Day: November 27, 2020
All businesses have felt the impact of the COVID-19 pandemic. In particular, retail-oriented main street businesses have suffered, with stores closed and in-person commerce halted. In order to survive, many of these businesses have had to pivot their operations from brick and mortar locations to the digital marketplace. With support from the Government of Canada through the Regional Relief and Recovery Fund (RRRF), many main street businesses are turning to digital solutions as a way to maintain their operations and strengthen their resilience for future growth.
To provide greater certainty and consistency to taxpayers, Budget 2018 proposed that only one set of tax rules apply to trust arrangements that provide “designated employee benefits”. The Budget invited stakeholders to submit comments on how best to transition Health and Welfare Trusts to Employee Life and Health Trusts. On May 27, 2019, the Department of Finance Canada released draft legislative proposals and invited Canadians to submit comments on those proposals.
On May 27, 2019, the Department of Finance Canada released draft legislative proposals supporting the conversion of Health and Welfare Trusts and invited stakeholders to provide input on those proposals.