Alberta Employers looking to temp-lay off employes due to Pandemic

skegpro

Active VIP Member
Joined
May 11, 2009
Messages
9,930
Reaction score
21,329
Location
In them hills.
It's not on there yet.

The 10% is any company that had less than $15M revenue last year.

Max of $1375 per employee and $25k per company.

I hope they up those limits quite a bit, because at 75% we hit those limits in less than a week.

Does diddly squat for us.

We will see i guess.
Max of $1375 per employee.

Man they make it sound like they want to help lol.
 

takethebounce

Active VIP Member
Joined
Dec 10, 2008
Messages
5,193
Reaction score
8,750
Location
calgary
Essential doesn’t mean much if there isn’t enough business to support the service.

Airlines for example, parked planes everywhere, can’t travel for leisure, limited international and trans border traffic. Impacts several thousand employees.

Expecting GST increases and most likely a pst once this has passed, if it ever does.
 

snopro

Active VIP Member
Joined
Mar 3, 2009
Messages
108,784
Reaction score
105,718
Location
Milo,Alberta
Fuzz dick isn't backing down on raising the carbon tax he said so not only is there more death there is more taxes coming.
 

jpmez69

Active VIP Member
Joined
Dec 9, 2010
Messages
781
Reaction score
1,574
Location
Edmonton
When do you suppose we will ever see that fat cow Hoffman ever make a plea for anyone in the private sector getting laid off. I may hate her as much as the Turd to be honest.

Yep, she's about even steven on the hate chart...
 

rknight111

Administrator
Administrator
Moderator
Joined
Sep 27, 2006
Messages
13,677
Reaction score
23,392
Location
Parkland County, AB and Valemount, BC
Website
www.snowandmud.com
I still laying off one of my workers tomorrow. Tough to show a loss on my books as that usually will show up in 3 months plus as the owner I have to get the hands dirty more often to keep cash flow going. You have to show a sudden decrease of 30% of business to take advantage of the 75% employee wage reimbursement, this is only to a maximum amount per worker as well. There asking us to pay the difference of 25% for workers sitting around but take a loan out to stay in business with the BDC. So Im not planning on going into debt.
 

Cyle

Active VIP Member
Joined
Jan 21, 2008
Messages
7,181
Reaction score
4,752
Location
edmonton
I still laying off one of my workers tomorrow. Tough to show a loss on my books as that usually will show up in 3 months plus as the owner I have to get the hands dirty more often to keep cash flow going. You have to show a sudden decrease of 30% of business to take advantage of the 75% employee wage reimbursement, this is only to a maximum amount per worker as well. There asking us to pay the difference of 25% for workers sitting around but take a loan out to stay in business with the BDC. So Im not planning on going into debt.

I think it will benefit some businesses a lot, like those who can have their employees doing maintenance, repairs, cleaning up yards, etc for basically 1/4 of what it would normally cost. But any business without that it still makes no sense to pay 25% wages if you have nothing for them to do. I wonder if some under the table will keep employees on not pay the 25% so they still end up with 75% instead of EI.
 

snopro

Active VIP Member
Joined
Mar 3, 2009
Messages
108,784
Reaction score
105,718
Location
Milo,Alberta
I think it will benefit some businesses a lot, like those who can have their employees doing maintenance, repairs, cleaning up yards, etc for basically 1/4 of what it would normally cost. But any business without that it still makes no sense to pay 25% wages if you have nothing for them to do. I wonder if some under the table will keep employees on not pay the 25% so they still end up with 75% instead of EI.
Are you crazy? Trudy says all Canadians are honest and will not scam the system. HaHa! He has a higher opinion of the population than I do.
 

rknight111

Administrator
Administrator
Moderator
Joined
Sep 27, 2006
Messages
13,677
Reaction score
23,392
Location
Parkland County, AB and Valemount, BC
Website
www.snowandmud.com
Yep, a lot of people will surly take advantage of this, I think the only one this would work good for is someone like a restaruant, some stores. I was at home depot to day and it was packed. Best buy has the best system so far, you have to order on line, and pay for in the store. But you must have an order number or they wont let you in. They are probably down to a skeleton staff as most are already. No one can wait days for these plans that they say they would announce today, no details on there site yet though and what you need to qualify. Most small businesses need to pay there staff tomorrow and they need to make the big decision tonight not tomorrow when they make there mind up to give the actual details, then you have to qualify, so what would that detail now, then you wont see any funds till the middle of April, most cant make it another week. Trudy you totally failed at this.
 

Dawizman

Active VIP Member
Joined
Feb 24, 2014
Messages
2,855
Reaction score
10,130
Location
Cold Lake, AB
I still laying off one of my workers tomorrow. Tough to show a loss on my books as that usually will show up in 3 months plus as the owner I have to get the hands dirty more often to keep cash flow going. You have to show a sudden decrease of 30% of business to take advantage of the 75% employee wage reimbursement, this is only to a maximum amount per worker as well. There asking us to pay the difference of 25% for workers sitting around but take a loan out to stay in business with the BDC. So Im not planning on going into debt.
The 30% is going to be hard to prove for us as well. We have a lot of recurring revenue, but also a lot of recurring non-labour expenses. We lost almost all of non-recurring revenue, but I'm not sure it will quite equal 30%, which means guys are getting laid off if we can't tap in to that wage subsidy. The non-recurring is what kept our guys busy, and most of the profits were getting injected back in to the business keeping guys busy. Without projects and profits to reinvest, things are going to be awful slow for a while. Combine that with the real possibility that a decent chunk of our customer base is likely to start missing payments and/or cancelling services, and we are going to be in a ****ty situation in a hurry.
 

Tchetek

Active VIP Member
Joined
Nov 11, 2013
Messages
2,827
Reaction score
7,180
Location
Alberta
I still laying off one of my workers tomorrow. Tough to show a loss on my books as that usually will show up in 3 months plus as the owner I have to get the hands dirty more often to keep cash flow going. You have to show a sudden decrease of 30% of business to take advantage of the 75% employee wage reimbursement, this is only to a maximum amount per worker as well. There asking us to pay the difference of 25% for workers sitting around but take a loan out to stay in business with the BDC. So Im not planning on going into debt.

I am in the same situation.

When we read though the federal 75% subsidy thing today, our understanding was that the employer was to remit only 25% of the regular monthly tax remittance.

So the employer was only compensated by keeping 75% of the income tax deducted. Not 75% wage top up.

Or is there a 2nd subsidy for actual wages that I may have missed?
 

Cyle

Active VIP Member
Joined
Jan 21, 2008
Messages
7,181
Reaction score
4,752
Location
edmonton
I am in the same situation.

When we read though the federal 75% subsidy thing today, our understanding was that the employer was to remit only 25% of the regular monthly tax remittance.

So the employer was only compensated by keeping 75% of the income tax deducted. Not 75% wage top up.

Or is there a 2nd subsidy for actual wages that I may have missed?

From reading that it's 75% of wages, but they are paying it through reduced payroll deductions instead of writing checks. So basically you'd get the money back once you cap out the limit and start paying employees full wages and then wouldn't be remitting the taxes.
 

Dawizman

Active VIP Member
Joined
Feb 24, 2014
Messages
2,855
Reaction score
10,130
Location
Cold Lake, AB
I am in the same situation.

When we read though the federal 75% subsidy thing today, our understanding was that the employer was to remit only 25% of the regular monthly tax remittance.

So the employer was only compensated by keeping 75% of the income tax deducted. Not 75% wage top up.

Or is there a 2nd subsidy for actual wages that I may have missed?
I think that document is wrong. That was true for the 10% subsidy, but they are changing things for the 75%. AFAIK they haven't released details yet, and even though they initially said "before the end of the month" they didn't say which month, or which year.
 

armascott

Armaguard
Joined
Dec 1, 2013
Messages
660
Reaction score
852
Location
St.Albert
I've been trying to get a hold of Alberta Labour for a few days now but no luck so I'm going to pick your brains a bit. I have a full time guy that is a single dad, he is having trouble finding child care for his young daughter on weeks that he has custody so he has been working a week on a week off. I'm just not sure if their is any government program that will help get him some pay on his off weeks?

any thoughts?
 
Top Bottom