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Canada Emergency Wage Subsidy

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BUSINESS ACCOUNTS

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Relief measures for businesses: Canada’s COVID-19 response plan

The Government of Canada announced a variety of tax measures to help Canadians facing hardship as a result of the COVID-19 outbreak. This is a quick summary of the major tax changes affecting businesses.

Learn more in Relief measures for businesses: Canada’s COVID-19 response plan (PDF, 170 KB) Opens a new window in your browser.

Personal tax measures: Canada’s COVID-19 response plan

The Government of Canada announced a variety of tax measures to help Canadians facing hardship as a result of the COVID-19 outbreak. This is a quick summary of the major tax changes affecting individuals.

Learn more in Personal tax measures: Canada’s COVID-19 response plan (PDF, 140 KB) Opens a new window in your browser.

Video. Support and advice for business owners during COVID-19. Opens in a popup.

Video: Support and advice for business owners during COVID-19 (12:02)

Andrew Turnbull, Senior Vice President, Business Banking and Jamie Golombek, Managing Director, Tax and Estate Planning provide small business owners with practical support and advice during COVID-19.

Transcriptfor the video support and advice for business owners during COVID-19. Opens a new window in your browser.

Cashflow planning report

It’s very important to review your cash inflow and outflow, so you may potentially reduce or eliminate shortfalls, and consider whether excess amounts are being effectively used. 

Learn more in Cashflow planning report (PDF, 125 KB) Opens a new window in your browser.

Find other tax tips in Personal finances and your business

 

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Go digital

Save the trip to the branch and bank online, anytime.

Apply for government relief programs through CIBC Online Banking® for BusinessOpens a new window in your browser..

Get a clear view of your banking, accounting and payroll all in one place with CIBC SmartBanking™ for Business.

Contactless payments

Tap more. Touch less. You can now tap your CIBC credit cards for purchases up to $250. You can also tap credit cards stored on your phone. Available at participating retailers. 

Find a banking centre or ATMOpens a new window in your browser.

As always, we’re here to help you manage your money. Stay on top of your banking at CIBC ATMs.

Note: Some of our banking centres are closed, but ATMs at these locations are still available. Review a full list of banking centre temporary closures (PDF, 255 KB) Opens a new window in your browser..

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