Does Income Support Help Or Hinder?
New benefits come into effect September 27th
The $2,000 per month Canada Emergency Response Benefit (CERB) has been criticized by some as being a dis-incentive for people to return to work. With CERB ending at the end of the month, the federal government is transitioning to an Employment Insurance (EI) program, effective September 27, 2020. The EI program will provide income support to those who remain unable to work and are eligible to work. It will also introduce new temporary and taxable recovery benefits. There are concerns the funding will continue to be enough to keep people from entering the workforce. Download the latest issue.
Smiths Falls Faces A Decade Of Impact
If businesses don’t bounce back, the economy will feel it for 10 years
COVID-19 has had a detrimental effect on the Smiths Falls business community. In a recent survey, more than 50 per cent of those surveyed expected their business to be able to recover after COVID-19, but 37 per cent were unsure. Should 40 per cent of local businesses not remain viable and open after the pandemic, the impact on the local economy would last for a decade. Download the latest issue.
Aluminum Tariff Update
Federal government starts to impose 10 per cent tariff on September 16th
On August 6, 2020, the United States (U.S.) announced the imposition of tariffs of 10 per cent on imports of certain aluminum products from Canada, which will take effect on August 16, 2020. In response to these measures and in accordance with the May 2019 Joint Statement by Canada and the United States on Section 232 Duties on Steel and Aluminum, Canada intends to impose surtaxes against imports of aluminum and aluminium-containing products from the U.S., representing a proportionate amount of Canadian aluminum products affected by the U.S. tariffs. Download the latest issue.
Federal COVID-19 Tax Updates
More information from CPA Canada
CPA Canada is a respected and influential voice relaying matters raised by our members to the Canada Revenue Agency (CRA) and working collaboratively to identify solutions. The following are some recent federal government COVID-19 tax updates on their website. Download the latest issue.
Local Businesses Benefit From COVID-19 Funds
County of Renfrew, City of Pembroke support local businesses
The Renfrew County-City of Pembroke COVID-19 Business Assistance Fund was developed specifically to address the challenges faced by local businesses as they adjust and enhance their business operations to respond to the severe challenges imposed by the precautionary measures, provided up to $5,000 as a non- repayable loan to qualified businesses. Download the latest issue.
Navigating The Stages Of Change: Quietly and quickly move past your competition
Marketing is about making a change in order to improve your results. Whether you want to increase sales, expand your products and services or make the public more aware of what you do, you will have to do something different in order to achieve something better. Business owners can be challenged with being comfortable with change, so with the help of Virginia Tech University, here is an example of how people change and what to expect in each stage. Download the latest issue.
Book Club | Dr. Jennifer Goldman-Wetzler
Where can you turn when your attempts to resolve conflict fail? Most approaches emphasize collaboration. You are supposed to sit down, calmly talk through your differences, and find a solution. But what if nothing seems to work, no matter what you do? When situations resist resolution, the Optimal Outcomes Method teaches us conflict freedom. Based on her popular course at Columbia University, Dr. Jennifer Goldman-Wetzler reveals eight groundbreaking practices proven to help people everywhere free themselves from conflict. Optimal Outcomes uses a transformative process that can break stubborn patterns in an instant. With inspiring stories from clients, students, and Dr. Goldman-Wetzler’s own life lighting the way, you’ll learn to achieve Optimal Outcomes by pausing to observe complex situations with clarity, listening to your emotions, reconciling your ideal values (things you say you care about) with your shadow values (things you really care about but have been unwilling to admit), predicting the unintended consequences of your own behaviour, and taking bold, simple, surprising action. Download the latest issue.
- Events Calendar: Business and related events in the region
- Business News Around The Valley: Briefs on local news and information
- People On The Move: Local promotions, new hires and retirements
- It’s A Fact: Interesting facts connected to business
- Biz Quiz: A quick 10-question quiz on recent news headlines
- Tenders: Current tender postings and results