Stacks of logs at a forest logging site

Guiding Your Forestry Business Through COVID-19

June 25, 2020

Guiding Your Forestry Business Through COVID-19

Synopsis
2 Minute Read

These two webinars will help you protect cashflow and access relevant government support for your Forestry business.

MNP recently hosted a two-part webinar series — sponsored by the Truck Loggers Association of B.C. — on strategies to help the Forestry industry navigate the COVID-19 pandemic and related economic challenges

Business Advisors Chris Duncan, CPA, CA, and Blair Traxler, CPA, CA, of MNP’s Forestry and Forest Products team cover the following topics: 

Part 1: Strategies to Manage Cashflow and Costs During the COVID-19 Crisis

  • Understanding the current situation and financial impacts of COVID-19
  • Cashflow: What is liquidity and how do you manage working capital?
  • Cost Management: How do you control costs and maximize your available cash?

Part 2: COVID-19 Government Support Programs: What You Need to Know

  • Wage Subsidy Programs
  • Employee Support Programs
  • Business Credit Programs
  • Tax Filing and Payment Deadlines
  • Tax Planning During an Economic Slowdown

If you have any questions about these presentations or would like more information, contact Chris and Blair directly at [email protected] or [email protected]

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