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Friday, 07 January 2022 10:03

Federal Subsidy Programs: Newly Open + Reapply and BIA Gift Certificates

Federal Subsidy Programs: Newly Open + Reapply and BIA Gift Certificates

Good Afternoon BIA Folks,

I have a few things to share in this email so please take a minute or two to read through fully.
 
BIA Gift Certificates:
There are still some of our certificates in circulation.  I've attached once again a sample of what they look like.  PLEASE NOTE: these certificates are printed on a heavy card stock and cut to exact size.  Please do NOT accept a photocopy.  If a customer is trying to use a photocopy and they legitimately lost their original certificate please give them my email address and ask them to contact me.  I will sort it out with the customer and they can come back and use a properly replaced certificate.

Federal Rent Subsidy for Hardest Hit Businesses:
The portal for this subsidy is now open.  Here is the link which provides information on who can apply, application link etc.
https://www.canada.ca/en/revenue-agency/services/wage-rent-subsidies/covid-rent-property-support-businesses/rent-periods-apply.html
Here is the link to the Federal site that lists all programs currently available including the wage subsidy for Hardest Hit Businesses.  I've heard from many of you that sadly the coverage in this wage program is pretty poor.  Hopefully the Federal government may see fit to adjust this program given the circumstances everyone finds themselves in at the moment.
https://www.canada.ca/en/services/benefits/covid19-emergency-benefits.html

Problem with Federal link for Tourism & Hospitality Recovery Program:

For any of you who have tried to apply for this funding the Federal government announced that there was a problem with the application.  Below is the full information on the problem and what to do if you tried to apply and were denied. 
 

The federal government is advising that recent applicants for the Tourism and Hospitality Recovery Program (THRP) may have been affected by

an error in the calculation spreadsheet for wage and hiring support,  https://www.canada.ca/en/revenue-agency/services/wage-rent-subsidies/tourism-hospitality-recovery-program.html

  which erroneously showed they were ineligible for the THRP when they may have been eligible.  

 

Who This Error May Affect

You may have been affected if:

  • You were applying for period 22 (October 24 to November 20, 2021)
  • You used a version of the spreadsheet for wage and hiring (version 2021-1) that was available between Tuesday, December 21, 2021 at 6:00 am ET and Friday, December 24, 2021 at 12:00 pm ET
  • You indicated you are a qualifying tourism or hospitality entity and had both a current-month revenue drop and 12-month average revenue drop over 40%
  • Step 5 in the spreadsheet showed a zero dollar amount and gave the message that you were not eligible for the THRP

This error was only present in the calculation spreadsheet for wage and hiring support.

 

What To Do If You Think You Have Been Affected by This Error

If you did not apply for period 22:

If you already applied for wage subsidies under the Hardest-Hit Business Recovery Program (HHBRP) or Canada Recovery Hiring Program (CRHP) for period 22:

  • Contact the Business Enquiries line at 1-800-959-5525 to make your THRP - Wage application

Visit the federal page for the latest information Tourism and Hospitality Recovery Program (THRP) https://www.canada.ca/en/revenue-agency/services/wage-rent-subsidies/tourism-hospitality-recovery-program.html?utm_medium=email&_hsmi=200046287&_hsenc=p2ANqtz--BLfx4xCllet_RG4wN-iValto79FgYQeLZDIbdniNAkEDOTf1xSpxVSbpkrZuyimrE6tpI6JrJWHBcftV9jen_3UV-9w&utm_content=200046287&utm_source=hs_email

--
Susan Puff
Executive Director, Broadview Danforth BIA
www.BroadviewDanforthBIA.ca
 
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