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Category: Coronavirus – Associates

Extended COVID-19 Federal Emergency Benefits

February 22, 2021blog, Coronavirus, Coronavirus - Associates, Coronavirus - Practice Owners, Coronavirus - RetiringDenis Bugeja

On Friday, February 19, 2021, Prime Minister Justin Trudeau announced an extension to:

– Canada Recovery Benefit
– Canada Recovery Caregiving Benefit
– Canada Recovery Sickness Benefit
– Employment Insurance

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Self-employed: Government of Canada addresses CERB repayments for some ineligible self-employed recipients

February 12, 2021blog, Coronavirus, Coronavirus - Associates, Coronavirus - Practice OwnersDenis Bugeja

Great news for some ineligible self-employed Canadians who received the Canada Emergency Response Benefit (CERB)

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Highlights of the 2020 Federal Fall Economic Statement | Additional $20,000 CEBA loan available now

December 7, 2020blog, Coronavirus, Coronavirus - Associates, Coronavirus - Practice Owners, corporate, disability, financial planning, RDSP, TaxDenis Bugeja

Finance Minister Chrystia Freeland recently provided the government’s fall economic update. It included information on the government’s strategy for dealing with the COVID-19 pandemic and its plan to help shape the recovery. We’ve summarized the highlights for you:

• Corporate Tax Changes, including extensions to subsidy programs.

• Personal Tax Changes, including additional Canada Child Benefit Plan payments and a new “Work from home” tax credit.

• Indirect Tax Changes, including the proposal to charge GST/HST on services provided via digital platforms, as well as the temporary removal of GST/HST on face masks and shields.

For business owners, as of December 4th, the CEBA loan has been expanded by an additional $20,000.

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Diversifying in Uncertain Times

November 1, 2020blog, Coronavirus, Coronavirus - Associates, Coronavirus - Practice Owners, Coronavirus - Retired, Coronavirus - Retiring, Estate Planning, Investment, Life InsuranceDenis Bugeja

Uncertain about where to invest during Covid-19? It may be time to diversify through a Participating Whole Life policy

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Applications for Canada Recovery Benefit now open!

October 13, 20202020, blog, Coronavirus, Coronavirus - Associates, Coronavirus - Practice OwnersDenis Bugeja

The Canada Recovery Benefit (CRB) is now open for applications.

If you are eligible for the CRB, you can receive $1,000 ($900 after taxes withheld) for a 2-week period.

If your situation continues past 2 weeks, you will need to apply again. You may apply up to a total of 13 eligibility periods (26 weeks) between September 27, 2020 and September 25, 2021.

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Applications for Canada Recovery Sickness Benefit and Caregiving Benefit starts today!

October 5, 2020blog, Coronavirus, Coronavirus - Associates, Coronavirus - Practice Owners, Coronavirus - StudentsDenis Bugeja

Starting October 5, 2020, the Government of Canada will be accepting online applications for the Canada Recovery Sickness Benefit (CRSB) and the Canada Recovery Caregiving Benefit (CRCB).

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Throne Speech: Recovery Plan Highlights

September 24, 2020blog, Coronavirus, Coronavirus - Associates, Coronavirus - Practice Owners, Coronavirus - Students, disabilityDenis Bugeja

On September 23rd, in a speech delivered by Governor General Julie Payette, Prime Minister Justin Trudeau outlined the Federal government’s priorities.

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CERB transitions to NEW Recovery Benefits and EI

August 21, 20202020, blog, Coronavirus, Coronavirus - Associates, Coronavirus - Practice Owners, Coronavirus - Retired, Coronavirus - Retiring, Coronavirus - StudentsDenis Bugeja

On August 20th, the Federal Government announced the extension of the Canada Emergency Response Benefit (CERB) by one month and the transition to the Canada Recovery Benefit, Canada Recovery Sickness Benefit, Canada Recovery Caregiving Benefit and a simplified EI.

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How Will COVID-19 Impact the Insurance Industry?

August 4, 2020blog, Coronavirus, Coronavirus - Associates, Coronavirus - Practice Owners, Insurance, Life InsuranceDenis Bugeja

During this stressful and challenging time, many are wondering what effect COVID-19 could have on their life insurance. Some may be worried that the insurance companies would make changes to their existing policy due to coronavirus concerns, resulting in an increase in their premiums or a restriction to their coverage. It should be reassuring to all that insurance companies are generally not able to change the contractual provisions of the insurance policies that are in force.

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CERB Extended | Business Owners who did not qualify previously – expanded CEBA starts June 19th

June 17, 20202020 Only, blog, Business Owners, Coronavirus, Coronavirus - Associates, Coronavirus - Practice Owners, Coronavirus - Students, corporate, IndividualsDenis Bugeja

Great news for Canadians out of work and looking for work. The CERB will be extended another 8 weeks for a total of up to 24 weeks.

The expanded CEBA will begin June 19th.

Read More
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Recent Posts

  • Stop Living Paycheque to Paycheque and Start Living
  • Extended COVID-19 Federal Emergency Benefits
  • Self-employed: Government of Canada addresses CERB repayments for some ineligible self-employed recipients
  • 5 Top Financial Planning Strategies For Small Business Owners
  • Impact of Recent Events On Your Estate Plan

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Contact Us

DPB Insurance and Financial Services

305 Lakeshore Road E, Suite 3
Oakville, ON
L6J 1J3
Phone: 905.829.3019
Toll free: 1.866.811.2711
Fax: 905.829.3088
Email: denis@dpbinsurance.com

Recent Articles

  • Stop Living Paycheque to Paycheque and Start Living
  • Extended COVID-19 Federal Emergency Benefits
  • Self-employed: Government of Canada addresses CERB repayments for some ineligible self-employed recipients
  • 5 Top Financial Planning Strategies For Small Business Owners
  • Impact of Recent Events On Your Estate Plan

About

Established in 1992, our boutique style company is based on the relationships we form with you-our clients. With your input, we can create your very own customized products. Insurance can be a very daunting task, that’s why we work on your behalf to find the best insurance plan and financial options. At DPB we believe that our success lies in meeting and anticipating our clients’ needs while providing financial security and peace of mind in knowing that no matter what happens, you and your loved ones will be taken care of.
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