With the curve flattening in BC, I am going to practice optimism and leap back to the future to discuss tax planning for BC individuals and small businesses for the 2020 year end.
Archives for April 2020
Canada is now into its 4th week of lockdown due to the Covid-19 pandemic and Vancouver small businesses are suffering as a result. Even businesses that are marginally impacted are suffering as well due to lack of staffing, delayed delivery, having to adapt to working remotely, etc. Right now, the uncertainty is high. We are not sure at all how many more weeks if not months the lockdown will continue. Even if the government ease on the lockdown, how long will it take for the ... Read More
BC is now three weeks into the social distancing protocol. It is becoming more obvious that the distancing will go on for another month if not longer. With this acknowledgement, the financial cost of this pandemic will reach financial crisis level when said and done. I am already reading about long existing local brands closing their doors just three weeks into the social distancing. Some businesses are likely closing down strategically. After all, if we are ... Read More