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Wage Top-up Program Extended

The Government of the Northwest Territories (GNWT) has extended the wage top-up program for an additional eight weeks to match the federal extension of the Canada Emergency Relief Benefit (CERB) to October 3, 2020. Businesses can immediately apply for temporary funding to top-up employees’ wages from April to $18/hour. 

This program has been made possible because of the federal government’s contribution of $4.74 million. This will help provide monetary assistance to all lower-wage workers. This program will also offer a taxable benefit for employees.

Detailed Information: https://bit.ly/3k7G6kY

Interactive Tool with Detailed Information on COVID-19

NWT residents will now have access to detailed information on COVID-19 in and around the region through a interactive, visual tool – NWT COVID-19 dashboard. 

The following information can be accessed on the tool represented visually through graphs and charts:

  • New and confirmed cases with daily statistics
  • Active and recovered cases
  • Cumulative statistics
  • Positive, negative, and pending test results
  • Regional breakdown of confirmed cases
  • Travel history of confirmed cases
  • Breakdown of symptoms for confirmed cases

Helpline Numbers:

Call 811 (8 AM to 8 PM, 7 days a week): If anyone experiences symptoms of COVID-19. They can also take the online assessment and follow the directions.
Call 911: If anyone experiences severe symptoms such as difficulty breathing or acute respiratory distress syndrome.

Click for detailed information.

Assistance to Access Emergency Loan Programs

Strict restrictions imposed on everyday operations in order to contain the spread of the COVID-19 virus have severely affected the economy. This has hugely impacted the operational and financial flow of small indigenous businesses.

Let us help you access the Emergency Loan Program by the Government of Canada

In order to support small indigenous businesses with operational cash flow, the Government of Canada started The Emergency Loan Program (ELP) for Small Indigenous Businesses – a component of the Indigenous Business Stabilization Program.

Our experienced team of experts will help you with detailed and additional information on the Emergency Loan Program and offer you advice and guided assistance on accessing this program.

E-mail: support@epryellowknife.ca

Ph: 867-669-0242 | Fax: 867-669-7242

Emergency Loan Program Benefit:

  • Offers maximum assistance of $40,000. (75% loan and 25% non-repayable contribution)
  • Loan and contribution will be issued together

Emergency Loan Program for Small Indigenous Businesses

Strict restrictions imposed on everyday operations in order to contain the spread of the COVID-19 virus have severely affected the economy. This has hugely impacted the operational and financial flow of small indigenous businesses.

In order to support small indigenous businesses with operational cash flow, the Government of Canada started The Emergency Loan Program (ELP) – a component of the Indigenous Business Stabilization Program.

Emergency Loan Program Benefit:

  • Offers a maximum assistance of $40,000. (75% loan and 25% non-repayable contribution)
  • Loan and contribution will be issued together

Our experienced team of experts will help you with detailed and additional information on the Emergency Loan Program and offer you advice and guided assistance on accessing this program.

E-mail: support@epryellowknife.ca

Ph: 867-669-0242 | Fax: 867-669-7242

Public Health Emergency Extended in NWT

As new cases are continuously emerging and being reported in other Canadian jurisdictions, the Chief Public Health Officer, Dr. Kami Kandola, recommended the Minister of Health and Social Services, Diane Thom, to extend the territory-wide Public Health Emergency under the Northwest Territories’ Public Health Act.

The GNWT will continuously review the situation and measures to keep in sync with the current and evolving situation to effectively stop the spread of the COVID-19 virus in the communities.

Travel within the NWT is restricted upon arrival. Everyone entering the NWT must self-isolate for 14 days in Yellowknife, Inuvik, Hay River or Fort Smith – with limited exceptions. 

Detailed Information:

https://www.gov.nt.ca/covid-19

https://www.gov.nt.ca/covid-19/en/services/public-health-orders/emerging-wisely

Selected Economic Relief Measures Extended by the GNWT

Certain economic relief measures that expired on June 30, 2020, as per the prior directives, have now been extended by the GNWT.  

  • 2 funding initiatives to support licensed child care programs extended till September 30, 2020
  • Suspension of all collection activities till December 31, 2022 
  • Certain fees waived for residents and businesses:
    · Deh Cho Bridge tolls (extended to Sept 30, 2020)
    · NWT airport landing fees (Dec 31, 2020)Truck permits (Sept 30, 2020)
    · Leases, licences, and concession fees at all NWT airports (Dec 31, 2020)
  • As assessed, till June 30, 2020, the GNWT measures have provided $36.893 million in economic relief for NWT residents and businesses
  • $11.644 million in financial support for the NWT aviation industry

The GNWT will continue to assess what new or existing supports are needed as the NWT continues to emerge from the COVID-19 pandemic.

Detailed Information: https://bit.ly/3e8TiSc 

Beware of Scams!

In reference to the new CERB scams coming to the fore on a regular basis, here’s info on staying alert.

-The CRA doesn’t send messages via SMS, social media or email links for refunds 
-The CRA doesn’t ask for confidential information like banking info, passport, or driver’s license 
-The CRA doesn’t threaten with arrest or a prison sentence

If you are doubtful of the motive of a caller, always ask the caller’s name and phone number and hang up.

Detailed Information: https://bit.ly/3gCefa8 

Interest Rate Cut

Canada’s Central Bank made another unscheduled rate cut Friday to bring its key interest target down to a crisis-level low of 0.25%, while the Federal Government upped its financial lifeline to businesses in a two-pronged effort to combat the economic shock from COVID-19.

For detailed information, visit, ctvnews