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 Canada Emergency Wage Subsidy (CEWS) - applications now open Temporary 10% Wage Subsidy Work-Sharing program temporary changes to Canada Summer Jobs program Business Credit Availability Program (BCAP) Canada Emergency Business Account (CEBA) Canada Emergency Commercial Rent Assistance (CECRA) provides loans and/or forgivable loans to commercial property owners who in turn will lower or forgo the rent of small businesses for the months of April (retroactive), May, and June. More details will be available soon. rural businesses and communities support much-needed access to capital through the Community Futures Network, get help through your Regional Development Agencies Industrial Research Assistance Program (IRAP) – assisting innovative and early-stage businesses 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 email@example.com 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 For questions, please email us.