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COVID-19 | Cash Flow Management Tips & Government Aids

Canadian companies have not made much use of the Bankruptcy and Insolvency Act over the past 10 years1 likely due to years of growth spurred by abundant capital and easy access to credit. Unfortunately, 2020 will likely see a reverse of this trend. The COVID-19 pandemic is hitting the entire economic world on a global scale.

COVID-19 | Canada Emergency Wage Subsidy (CEWS)

On Saturday April 11, 2020 The House of Commons held a special assembly to obtain royal assent for Bill C-14, a second Act regarding certain measures in response to COVID-19 . Many of the details surrounding the Canada Emergency Wage Subsidy (CEWS) program were already known, but the following summary should give you more information […]

COVID-19 | Restructuring & Turnaround: Before Going Downhill

Canadian companies have not made much use of the Bankruptcy and Insolvency Act over the past 10 years1 likely due to years of growth spurred by abundant capital and easy access to credit. Unfortunately, 2020 will likely see a reverse of this trend. The COVID-19 pandemic is hitting the entire economic world on a global scale.