Sail Nova Scotia recognizes that during these trying times accessing information can be challenging and difficult to find. On this page we will post links to important information for sailing clubs, sailing instructors and sailors in Nova Scotia.
If you would like to see something added to this page, please send a note to [email protected]
Sail Canada Information
- Changes to Sail Canada Instructor Certification Policy
Province of Nova Scotia
Sport Nova Scotia
Government of Canada Resources
The Government of Canada recently announced three emergency funding programs that yacht clubs may be interested in. Thanks to Boating Atlantic for compiling the following information.
- Eligible employers include individuals, taxable corporations (including non-resident corporations operating in Canada), and partnerships consisting of eligible employers as well as non‑profit organizations and registered charities.
- To claim the benefit, employers will need to show at least a 30% drop in gross revenues in March, April, or May compared to the same month in 2019 — see table below:
Period 1 March 15–April 11
March 2020 over March 2019
Period 2 April 12–May 9
April 2020 over April 2019
Period 3 May 10–June 6
May 2020 over May 2019
- The 75% subsidy will be based entirely on the salary or wages actually paid to employees. All employers will have to attest that they’ve done all they can to cover the remaining 25% and top employees up to their full pay.
- Note that the Wage Subsidy and Canadian Emergency Response Benefit (CERB) cannot be claimed at the same time, to avoid ‘double-dipping’. Please keep this in mind when furloughing any employees.
- Employers will be able to apply for the wage subsidy through the Canada Revenue Agency (CRA) online portal in the coming weeks. The finance minister indicated that funds will start to flow in approximately 6 weeks. If you haven’t already, please set up your CRA My Business Account online today to ensure you receive the benefit payment faster. https://www.canada.ca/en/
revenue-agency/services/e- services/e-services- businesses/business-account. html
The CERB provides $500 a week for up to 16 weeks.
The benefit will be available to workers:
- Residing in Canada, who are at least 15 years old;
- Who have stopped working because of COVID-19 and have not voluntarily quit their job;
- Who had income of at least $5,000 in 2019 or in the 12 months prior to the date of their application; and
- Who are or expect to be without employment or self-employment income for at least 14 consecutive days in the initial four-week period. For subsequent benefit periods, they expect to have no employment income.
- The Benefit is only available to individuals who stopped work as a result of reasons related to COVID-19.
$40k interest-free loan for small businesses: please contact your commercial bank to find out how to apply
The new Canada Emergency Business Account will provide interest-free loans through financial institutions of up to $40,000 guaranteed by the government to eligible small- and medium-sized enterprises (SMEs). To qualify, businesses will need to demonstrate they paid between $50,000 to $1 million in total payroll in 2019. Repaying the balance of the loan on or before December 31, 2022 will result in loan forgiveness of 25 percent (up to $10,000).