From first deposit to final payment: how contractors can improve cash flow.
Residential contractors can keep projects moving smoothly by using simple payment tools that support deposits, progress payments and on-site transactions.
It can be hard to tell what information to trust for support and relief right now. We’ve done some digging to find the accurate and reputable web resources you need to help navigate your business through COVID-19. From financial relief information to accurate updates and support options, we’ve got you covered.
Canada-wide information is a great place to start when looking for how the federal government could offer support to your business. Updated daily, the Canadian Government’s COVID-19 page has everything you need to know about current numbers, support and updates.
Businesses get a special shout out on the economic response plan page as well, so you’ll be able to access specific business resources there. The Canadian Federation of Independent Businesses also has a great page that provides resources for business continuity, financial support, health, safety and more.
Canadian Economic Response Plan
Canadian Federation of Independent Business
Provincial resources are a great way to get advice and direction more closely related to where your business happens to be. As things continue to evolve across the country, support and directives for your business will only become more unique by province. If you still can’t find what you need, turn to your municipality or local representative who are also great resources. Find your province or territory link below.
We’ve added a few extra resources to help fill out information specific to things like industry, banking and taxes during COVID-19. Check them out!
QSR Magazine : Coronavirus Updates - What Restaurateurs Need to Know
National Restaurant Association : Coronavirus Information and Resources
Federal COVID-19 Tax Updates
Credit Card Contactless Limits Increased to $250
Moneris Revenue Analysis Tool for CEWS
We’ll update this list as the situation for businesses across the country continues to change. So stay safe, and check back soon.
The information in this article is provided solely for informational purposes and is not intended to be legal, business or other professional advice or an endorsement of any of the websites or services listed.
Moneris is a leading provider of payment processing solutions in Canada. Our blog is your go-to resource for insights into the ever-evolving world of payments. We cover everything from the latest industry trends and technologies to practical advice for businesses of all sizes. Our blog's mission is to spotlight small businesses and provide resources that help them succeed in today's economy. Blog articles are written by members of Moneris' in-house marketing team with support from internal product and industry experts.
Residential contractors can keep projects moving smoothly by using simple payment tools that support deposits, progress payments and on-site transactions.
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