Guiding Your Forestry Business Through COVID-19

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]