Session Two: Help for Canadian businesses and employees - a summary of new and existing government programs

The Canadian government has announced measures to provide a lifeline to Canadian businesses and their workers to help manage the economic uncertainty caused by the COVID-19 pandemic.  With the pace of information being released, and sometimes lack of details, it’s easy to lose track of how you’ll be able to use both the new or existing programs.  

Join members of the Grant Thornton team, JP Furey, Keith MacIntyre and Jim Creaser to gain an understanding of the programs so you can make an informed decision on which will best benefit you and your employees.  

This is the second session in the series:

• Session one – A comprehensive review of the Canada Emergency Wage Subsidy with examples and Q&A

• Session two – An overview of popular programs including: Canada Emergency Wage Subsidy, Temporary Wage Subsidy, HST Tax and other deferrals, Canada Emergency Response Benefit, Supplemental Unemployment      Benefit and Work sharing program.

Bios

JP Furey- Principal, Assurance Services As a principal for the Grant Thornton Audit and Assurance practice in Halifax, JP is responsible for providing guidance and advice to help clients overcome their business challenges, seize new opportunities and elevate their overall businesses. Specific services include accounting, assurance, tax and business advisory. With a breadth of domestic and international experience behind him—particularly in the areas of financial management, operational leadership and business development—JP understands what it takes to lead a business in today’s global economy. He applies that knowledge in every client interaction and leverages his experience as a CFO and CEO to help businesses raise capital, run cost efficient operations, expand and prosper.

Keith MacIntyre – Partner, Tax Services As a partner in tax services, Keith has specialized in domestic corporate tax consulting and planning for over 20 years. By developing strong relationships in industry, he’s been able to create business opportunities that provide significant value to his clients. His primary focus is private companies in the construction, real estate, and high-tech industries, most often dealing with intricate matters of effective tax planning to maximize opportunities and minimize risk for corporations and individuals. I’m proud to be a former member of the Grant Thornton national tax leadership team, and a contributor to the growing government incentives practice.

Jim Creaser – Partner, Tax Services As a Grant Thornton partner with the Halifax office and leader of the Atlantic Canada International Tax Practice, Jim works with clients to understand their business and shape their strategy for maximum tax efficiency.  He has 30 years of experience as a trusted tax planning advisor for clients doing business in Canada and abroad, understanding the complexities of inbound and outbound tax planning, particularly for Nova Scotia Unlimited Liability Companies, offshore sales corporations, and international financing arrangements. He has particular expertise in establishing tax efficient structures, financing companies and offshore sales companies, as well as expatriation tax planning, and employee relocation services.