May 26, 2020
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May 26, 2020

Your CFA Daily Update on COVID-19

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ADVOCACY EFFORTS ON COVID-19

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CBRN Small Business Relief Fund launched

CBRN Small Business Relief Fund launched to give grants of 10,000 to help support business recovery efforts. The Fund will help 62 small Canadian businesses recover and support their resilience, for a total of $620,000 in funds.

Businesses can use the $10,000 grants to support their recovery efforts, including paying salaries, acquiring safety and personal protective equipment for staff, replenishing materials or paying for the measures required to adapt business models to the economic impacts of COVID-19.

During the COVID-19 crisis, the Canadian Chamber of Commerce’s mission is to help as many businesses as possible stay afloat and remain open. Small business owners put everything they have into their businesses, and these grants will help give a little bit back. Good people coming together is how Canadians have managed this crisis, and the Canadian Chamber and Salesforce are following their lead, one business at a time.

Contribute to the CFA’s submission on the future of the Canada Emergency Wage Subsidy (CEWS)

The Government of Canada is reviewing the CEWS program, and input from businesses is required to inform potential changes to the program to best meet the needs of businesses and their staff. You can participate via a short online survey or by email. Deadline to participate is June 5, 2020.

Feel free to share your views on the future of the CEWS by emailing covid@cfa.ca. Your comments will help CFA staff craft our response to the public consultation.

NFI

Franchisor Revenues have been impacted by Gov't Lockdowns

NFI is helping CFA members save on Franchise sales overhead. Many leases will need to be restructured for franchisees to survive, and Operations Manuals need updating to meet COVID-19 Protocols.

FIND OUT MORE

Facebook Canada Launches Grant Program And New Supports, Totalling Nearly $3.5 Million For Small Businesses

Small businesses are the pillars of our communities and, right now, they need everyone’s support. Today, Facebook Canada launched a program with nearly $3.5 million in support for small- and medium-sized businesses in the Ottawa-Gatineau, Toronto, Vancouver and Montreal regions. From grants and virtual training to enhanced resources and new product features, this is Facebook Canada's way of giving a hand to those who give our communities so much. The deadline to apply for the grants is Tuesday, June 2. 

FOR MORE INFORMATION

CRA Extends Filing Deadlines For Corporations And Trusts

The CRA has extended deadlines for T2 Corporate Income Tax Returns and T3 Trust Income Tax Returns that had been due in June, July or August. Those returns are now due September 1, 2020. As previously announced by CRA, any income tax balance due on or after March 18 and before September 1 is also now due by September 1, 2020. 

MORE ON T2s & T3s
TAX FILING & PAYMENT DEADLINE

B.C.: Gatherings will be limited to 50 people for now

In her daily press conference, Dr. Bonnie Henry said that even as some COVID-19 restrictions are loosened it is still too early to increase the number of people allowed to gather. The limit on gathers will be limited to a maximum of 50 for the time being.

Alberta: Businesses can buy PPE from province until June 30

Alberta will allow private businesses to buy personal protective gear, including masks and gloves, from the province at fair market prices until June 30, but after that they'll need to secure their own suppliers. 

CFA NATIONAL SPONSOR

National Sponsor: Axis Integrated

AXIS Integrated Inc., experts in data-driven franchise sales & marketing solutions, has launched its official brand website; IntelligentLeadNurturing.com. Leveraging the success of its reputable franchisor clientele, AXIS created a brand around its modern and powerful franchise development solution; Intelligent Lead Nurturing.

The brand’s promise to franchisors is simple and attractive. With timely, personal, and relevant communications, Intelligent Lead Nurturing will drive the highest possible volume of qualified applications for your franchise opportunity from the leads you’ve generated. Spend zero time on tire-kickers while your leads are warmed up automatically.

Visit IntelligentLeadNurturing.com today.

Contact:
Corey Nicholson
Vice President, Business Development
AXIS Integrated Inc.
A-1331 Crestlawn Dr | Mississauga | ON | L4W 2P9
Cell: 647.300.7149
cnicholson@axis-dbm.com
axisintegrated.ca
intelligentleadnurturing.com

Webinar Series On Demand

UPCOMING WEBINARS

JUNE 2, 2020
AT 2:00 PM ET

Hands-On Approach to Commercial Real Estate  
 50 CFE PARTICIPATION  CREDITS  

SPEAKERS: Kwaku Tabi and Armen Khajetoorian, Cassels, Brock & Blackwell LLP

This session will be jam-packed with information and there will not be time for live Q&A – be sure to submit your questions upon registration so that the presenters can address them in their presentation.

MORE INFO & REGISTER

PRE-REGISTER FOR THE CFA'S CFE PROGRAM

ARTICLES OF INTEREST FROM CFA MEMBERS

CASSELS BROCK & BLACKWELL LLP

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ON DEMAND HERE

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Feedback from our Members

“My husband, Jim and I would like to thank everyone at the CFA who has worked so hard and tirelessly to provide us with updated information on the Covid-19 crisis, for the webinars, lobbying for change and for all of the support you provide to members on a regular basis. We are sincerely grateful. To everyone at the CFA, take care and stay healthy.”

 - Nadine Cartman, CEO, Chicken Delight of Canada Ltd.

COVID-19's impact on the world is creating waves across all sectors and industries.

Every member of the CFA community is dealing with an issue that is affecting the world, our industries, our communities, our businesses, and our people.

We would like to hear from you if you have any topics, issues or questions to navigate turbulent times in order to support you further: 

SUBMIT YOUR TOPICS

FRANCHISING GIVES BACK

FranchisingGivesBack: BuildIt

Subscribed to the Daily Update

If you would like to subscribe all your franchisees to receive our Daily Update, please contact Alex Mann at amann@cfa.ca

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116-5399 Eglinton Avenue West
Toronto, Ontario M9C 5K6
Tel: 416-695-2896/800-665-4232
Fax: 416-695-1950
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