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From Our Blog

Password Management and Data Security 2022

Posted on February 02, 2022

Password Management and Data Security 2022

With more and more information being stored in the digital realm, it is crucial that business and individuals adapt to the security risks associated with having data stored online.

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Government Assistance - Program Changes

Posted on November 25, 2021

Government Assistance - Program Changes

As of today, the government has announced changes to several of its assistance programs. The Canadian Emergency Wage Subsidy (CEWS) and the Canadian Emergency Rent Subsidy (CERS) were terminated on October 23rd, 2021, while the Canadian Recovery Hiring Program, as currently structured, concluded effective November 20th, 2021.

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Canada Recovery Hiring Program (CRHP) & CEWS - CERS update

CRA created the CRHP to assist employers hire more employees to recover and grow their businesses as the government reopens the economy. This program was introduced as part of Bill C-30 and will be available for application when it receives Royal Assent.

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Changes to The Ontario Business Registry

Effective May 15, 2021, we are no longer able to file your Ontario Corporations Information Act Annual Return with Canada Revenue Agency. (These forms provided Service Ontario with changes to the corporations addresses and directors and were required to be filed annually.)

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Guaranteed Loans - Covid 19 Financial Relief

Has Covid-19 impacted your business?  Propel CPA would like to bring to your attention GUARANTEED LOANS: The Government of Canada has mandated BDC to provide a guarantee to your financial institution for 100% of the value of a new term loan, to increase your company’s ability to access new credit.

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Signs it’s time to upgrade systems

Posted on July 28, 2020

Signs it’s time to upgrade systems

Most small business owners can’t afford to think small. They always need to keep their mind on growth strategies to help them achieve long-term profitability.

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Do you know your break-even point?

Posted on March 26, 2020

Do you know your break-even point?

All business owners need to be aware of their break-even point — that is, the number of units they need to sell in order to cover their operating costs.

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