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Saskatchewan Businesses Not Utilizing Available Federal Funding

by Shanine Sealey

This year, many businesses have undergone various challenges due to COVID-19, whether it be having to close due to restrictions put in place earlier this year, seeing less revenue in sales due to customers having less income, limiting their capacity to follow restrictions after re-opening and many others.

Both the Federal and Provincial governments put multiple options in place to help businesses financially during these uncertain times. Reports from the federal government on the Canada Emergency Wage Subsidy (CEWS) program indicate that Saskatchewan businesses have only accessed 1.7% of the allocated dollars through the CEWS program alone.

According to information provided by the Saskatchewan Chamber of Commerce, our province consists of 3.11% of the Canadian population, which means that Saskatchewan businesses are shorted by approximately $185 million and in some cases, time is running out for access to CEWS and other federal support programs.

With this in mind, the Saskatchewan Chamber of Commerce has teamed up with the experts at MNP to deliver a free step-by-step tutorial that will walk you through the available Federal support programs and how to apply.

‘Grab Your Slice’ is a virtual training session hosted by the Saskatchewan Chamber of Commerce aimed to help Saskatchewan businesses apply for federal COVID-19 support programs as there are many companies and non-profit organizations that have not accessed funding due to lack of awareness or knowledge on the various programs available and their respective application processes.

This Webinar will be hosted by Josh Shankowsky, CPA, CA, Partner, MNP. There will be a single webinar offered on different dates and times listed below. To register, visit SaskChamber.com/GrabYourSlice.

• Monday, November 16 @ 10:00-11:30 a.m.
• Thursday, November 19 @ 2:00-3:30 p.m.
• Thursday, November 26 @ 10:00-11:30 a.m.
• Friday, November 27 @ 2:00-3:30 p.m.

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