April 13, 2020

COVID-19 UPDATE: Second Update for Not for Profits and Charities

We are continuing to monitor the COVID-19 situation and provide updates on measures that have been announced for our clients and contacts that we feel will be beneficial. The Not […]

We are continuing to monitor the COVID-19 situation and provide updates on measures that have been announced for our clients and contacts that we feel will be beneficial. The Not for Profit sector is vital to our community, and many resources have been announced to help through this trying time. Here are some that we found:

Policy and Government Funding

Canada Emergency Response Benefit (CERB): Open Now

If you have stopped working because of COVID-19, the Canada Emergency Response Benefit (CERB) may provide you with temporary income support. The CERB provides $500 a week for up to 16 weeks. The CERB aims to support workers who have lost their job, are sick, quarantined, or taking care of someone who is sick, due to COVID-19. It will also support working parents who must stay home without pay to care for children who are sick or at home because of school and daycare closures. To be eligible for CERB, workers must be wage earners, as well as contract workers and self-employed individuals who would not otherwise be eligible for Employment Insurance (EI). You can find the application here.

Canada Emergency Business Account and Loans

The Government of Canada announced the launch of the new Canada Emergency Business Account. This will provide government-backed loans for businesses up to $40,000 per business through your financial institution. The loans are to cover operating costs that cannot be deferred. It will be converted to a term loan by January 1, 2021 but remains interest free until December 31, 2022. You can find more information on this via our blog here.

Emergency Wage Subsidy Program:

The Canada Emergency Wage subsidy provides 75 percent of an employee’s pre-crisis weekly salary or up to a maximum benefit of $847 per week, whichever is less. The CCVO has released a great article about this, as well as how it pertains to NPOs and charities here.

Additionally, you can read all about it including deadlines and what we know via our blog here.

Alberta’s Employment Standards Code Changes

The Government of Alberta made temporary changes to the provincial Employment Standards Code to allow more flexibility for employees and employers. This allows employers to respond to the health measures in place and provides job protection for employees who have lost employment due to COVID-19.

Deferral of T3010, T1044, and T2 filings

The filing deadlines for certain tax forms have been extended to allow organizations more time to complete and submit them, recognizing that charities and nonprofits will be focused on deploying their resources to address the effects of the COVID-19 virus situation. T3010 returns are not due until December 31, and T1044 and T2 filings are deferred until June 1.

Suspension of audits

The CRA has also announced that the Charities Directorate has suspended all activities until further notice. Consequently, all audits involving charities have been suspended until the Charities Directorate resumes operations.

Funding for shelters and Indigenous communities

Federal funding may be available for certain charities and NPOs that serve homeless and other at-risk populations. The recently announced Providing the Reaching Home initiative has pledged $157.5 million to support Canada’s homeless population during the COVID-19 pandemic. Another $50 million in funding has also been reserved for women’s shelters and sexual assault centres, including organizations serving Indigenous communities, to help mitigate potential outbreaks in their facilities. Indigenous communities are also set to receive $305 million from the Indigenous Community Support Fund to help address immediate concerns related to COVID-19 in First Nations, Inuit and Metis communities. Each of these funds will be implemented by April 2020, subject to receiving Royal Assent.

Fundraising:

United Way Community Response Fund

This is a collaboration with The City of Calgary and United Way of Calgary and Area to support community agencies who are working to keep Calgarians safe. Your organization is eligible if it has a charitable number, or has a formal partner sponsorship agreement with a registered charity, and is central to the provision of supports and services to meet immediate community needs related to COVID-19. You can learn more about this here.  

Calgary Foundation Urgent Charity Needs Page

The COVID-19 Urgent Charity Needs page is a place for local registered charities and nonprofits to share current and emerging needs with people who want to help. Calgary Foundation will use this list as a starting point to see which urgent needs meet the criteria for Pandemic Recovery Program grants. You can find out more and view this page here.

Calgary Foundation Pandemic Recovery Program

Like the Flood Rebuilding Fund of 2013, Calgary Foundation will work alongside other community leaders to assist the sector through the Pandemic Recovery Program. This fund is for charitable organizations who do not meet the criteria of the COVID-19 Community Response Fund above. You can find out more about this here. 

Some our Partners that you can check out who are publishing valuable information regularly for Not for Profits and Charities are Calgary Chamber of Voluntary Organizations (CCVO) and IntergralOrg. Imagine Canada has also put together an in-depth chart of resources that have been announced for Not for Profits and Charities that you can view here.

As always, if you have any questions please reach out to your trusted Catalyst Advisor or inquire@thecatalystgroup.ca to direct your email