COVID-19 financial literacy: I’m a business owner. Where can I find help?

Is your business affected by the COVID-19 crisis? Find support and resources to ensure business continuity.

Being a business owner is challenging in the best of times, but many businesses have had to pivot their business models and/or quickly shift their workforce into a virtual environment. CPA Canada has brought together relevant content and some forward-thinking experts to help you weather this crisis and prepare your business for post-crisis success.

Webinars

These webinars are made possible by the generous support of Sage.

Tips to Maximize Your Business During and After COVID-19
Learn how to review and change your business’s cash management practices so less cash is required to operate.

Getting Money: What Lenders and Investors Want
Understand how a bank or investor will evaluate a business and what steps are necessary for owners to get financial statements and business plans in order for presentation to lenders and investors.

Financial ratios and how they help with emergency decision making
Learn how to calculate the key financial ratios for your business and understand the meaning behind the calculations.

Financial survival for entrepreneurs
Join this webinar for entrepreneurs and learn about some key financial survival techniques for your business.

Honest Talks with the Experts

Pivoting and changing business models
The COVID-19 pandemic poses many challenges for businesses. How can a business change gears and create future possibilities when all everyone can think of is the present crisis?

Future casting the economy
With attention focused on the COVID-19 pandemic, what are some questions businesses should be asking themselves as they look into the future?

Building resilience as a leader
The COVID-19 pandemic has brought significant additional stress to businesses. How can a small business owner develop strategies to face disruptions?

Our virtual reality and how to adapt
With uncertainty still looming for countless businesses, and new products saturating the market, what should businesses be considering in order to move forward into the new normal?

Tough conversations on restructuring
With the economic stress brought on by the COVID-19 pandemic, what should businesses be looking at to ensure operational stability in the future?

Tools

Just the facts – Business
Get access to educational materials on multiple financial topics for small business owners, from understanding financial statements, bookkeeping and managing inventory to help running your business.

Small and medium business: Financial literacy resources
Get useful tips and resources to help you better manage your business’s finances.

COVID-19 resources for CPAs (CPA New Brunswick)
CPA New Brunswick has developed a resource page with links to external sites and updates from organizations including CPA Canada, the Canada Revenue Agency, Canadian Public Accountability Board and the Canadian Securities Administrators to assist CPAs in addressing challenges arising from COVID-19

Business Resilience Service (Canadian Chamber of Commerce, in partnership with the Government of Canada)
Free service that connects you with experienced business advisors from across Canada for guidance on which government relief programs will be most appropriate to support your small- to medium-sized business, not-for-profit or charity on how to respond and reshape amid uncertainty.

Articles

Business continuity in a crisis: COVID-19 challenges
Unplanned events can have a devastating effect on organizations. Learn about the resources available to help you respond to the challenges related to COVID-19.

Coping with the COVID-19 crisis: What small businesses can do to survive
From checking your reserves to brainstorming with your staff, here are some practical actions you can take to cope with this rapidly evolving situation.

Auditing and financial reporting face multiple challenges in wake of COVID-19 pandemic
Everything from staffing and restrictions to on-site visits, to transparency and uncertainty around accuracy have been flagged as potential issues by experts.

Federal government support

View a complete list of support and up-to-date information on the Federal Government’s COVID-19 Response Plan

Provincial support

Alberta

  • supports for employers
  • British Columbia

  • tax relief for businesses
  • support for businesses in B.C.
  • Insurance Corporation of British Columbia (ICBC) – affected ICBC services
  • Manitoba

  • Manitoba government extends tax payment filing deadlines for businesses
  • Newfoundland & Labrador

  • NL government COVID-19 resources
  • general inquiries related to government services 1-833-771-0696 from 9:00 a.m. – 5:00 p.m., Monday to Friday or email covid19info@gov.nl.ca
  • New Brunswick

  • COVID-19 guidance for businesses
  • Government of New Brunswick Small Business Emergency Working Capital Program
  • Opportunities NB’s COVID-19 Working Capital Loans
  • Northwest Territories

  • resources for businesses
  • applying for COVID-19 business relief
  • COVID-19 info for employees
  • Nova Scotia

  • support for Nova Scotians, businesses, and health care
  • Nunavut

  • Small Business Support Program
  • managing anxiety and stress during COVID-19
  • Ontario

  • COVID-19 support for businesses
  • Employment Standards Amendment Act (Infectious Disease Emergencies), 2020
  • Quebec

  • Revenu Quebec – COVID-19: FAQ for businesses
  • businesses and workers (COVID-19)
  • concerted temporary action program for businesses (PACTE)
  • flexibility measures respecting existing loans and loan guarantees (French only)
  • Prince Edward Island

  • COVID-19 supports and services for businesses
  • Saskatchewan

  • Saskatchewan support for businesses
  • Labour Market Services Offices
  • Yukon

  • Paid Sick Leave Rebate for employers (including Self-Employed)
  • support for Yukon businesses
  • impacts of COVID-19 on Yukon nominees and employers
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    For questions, please email us.