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Month: May 2020

Business account

Shopify will offer a business account, card and rewards program with the new Shopify balance

Canadian e-commerce giant Shopify has broadened its financial services offering with the launch of Shopify Balance, a banking product for small businesses. Shopify Balance is made up of three products, a bank account, a card, and a rewards program for Shopify merchants. According to Shopify, the idea behind the new offering is to provide financial […]

Posted on May 20, 2020October 2, 2021 Author Jackson B. Rochester Comments Off on Shopify will offer a business account, card and rewards program with the new Shopify balance
Business account

Expanded eligibility criteria for the Canada Emergency Business Account

May 19, 2020By Bob Peters Cornwall Ontario – The Government of Canada announced the expansion of eligibility criteria for the Canada Emergency Business Account (CEBA) to include many small, owner-operated businesses. This extended measure will help small businesses protect the jobs Canadians rely on. “Canadians are counting on us to protect their jobs and help […]

Posted on May 19, 2020 Author Jackson B. Rochester Comments Off on Expanded eligibility criteria for the Canada Emergency Business Account
Business account

Federal Authorities Eliminate Minimum Payroll Requirements to Access Canada’s Emergency Business Account

Herald file photo. Businesses with no payroll may now be eligible for a Canada Business Emergency Account (CEBA) loan after the federal government expanded the eligibility criteria on Monday. The ruling affects business owners who are self-employed or sole proprietors, family businesses who pay their employees through dividends, and owners who only employ contractors. Prime […]

Posted on May 19, 2020October 3, 2021 Author Jackson B. Rochester Comments Off on Federal Authorities Eliminate Minimum Payroll Requirements to Access Canada’s Emergency Business Account

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