Thoughts and success stories

- Dan Matthews

Covid-19 Resources for Western Canadian Co-operatives

Manitoba

AGM and Annual Returns

Co-operatives in Manitoba should have received notice encouraging them to delay or postpone annual meetings. Learn more.

Tax deferrals and other provincial supports

Employer responsibilities to employees can be found HERE (in Information for Businesses drop down)

Current tax and payment deferrals:

  • Income tax and RST deferral

Full details can be found HERE

Saskatchewan

AGM and Annual Returns

For Saskatchewan co-operatives, ISC has suspended all submission deadlines and waived any late fees or penalties. Learn more.

Tax deferrals and other provincial supports

Employee responsibilities to employees can be found HERE

Current tax and payment deferrals:

  • Business Response Team
  • Provincial Sales Tax deferral
  • Crown Utility payment deferral
  • Self-Isolation support

Full details available HERE

Alberta

AGM and Annual Returns

In Alberta, deadlines for the submission of annual reports from co-operatives has been suspended until restrictions on public gatherings are lifted. Learn more.

Tax deferrals and other provincial supports

Employer responsibilities to employees can be found HERE

Current tax and payment deferrals:

  • Income tax deferral
  • Education property tax deferral
  • WCB and Utility payment deferral

Full details can be found HERE

British Columbia

AGM and Annual Returns

At this time, BC co-operatives can request an extension (up to 6 months) by emailing, BCRegistries@gov.bc.ca and noting Covid-19 as the reason. British Columbia Co-operative Association is currently advocating the provincial government for more flexibility. Learn more.

Tax deferrals and other provincial supports

Employer responsibilities to employees can be found HERE

A large list of tax deferrals and delayed increases can be found HERE

Latest resource and support updates for BC businesses can be found HERE.

Federal Supports for Co-operatives across the Western Provinces

This site includes for key considerations for businesses and links to the supports related to each.

1. Support for employees

2. Support for businesses

3. Business travel and events

4. Business in international markets

To learn more, visit their Resource Hub for Businesses.

Financial supports

Business Development Bank of Canada (BDC)

For co-operatives in need of cash flow and other immediate financial support, BDC offers:

Learn more about their supports.

Western Economic Diversification Canada

WD is offering:

  • Access to federal funding to help you stay in business
  • Advice and pathfinding services to other federal programs and services available

Contact them directly at 1-888-338-WEST (9378)

Learn more about their supports.

Export Development Canada (EDC)

If you export, EDC has partnered with the federal government and Canadian banks to ensure businesses impacted by COVID-19 have access to credit. Learn more.

 

 

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