News

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  • 24 Jun 2020 2:22 PM | CJA (Administrator)

    June 24, 2020

    The Canadian Federal Government has extended some COVID-19 relief packages in an effort to help the economy. 

    Time periods given to employers to recall employees laid off due to COVID-19 have been extended effective June 22, 2020. 

     -For employees laid off prior to March 31, 2020, the time period is extended by six months or to December 30, 2020, whichever  occurs first.

    -For employees laid off between March 31, 2020 and September 30, 2020, the time period is extended until December 30, 2020 unless a later recall date was provided in a written notice at the time of the layoff.

    "Without the change announced Tuesday, some of the workers who were issued three-month layoff notices in March or April due to COVID-19 were facing termination as they approached the deadline to be reinstated by their employers.

    When a layoff becomes a termination of employment, employees can become eligible for severance and vacation pay, which the government says could become a financial burden employers can’t afford as the pandemic wages on, particularly if their intention is to re-hire staff.

    “We know that many employers who have had to temporarily lay off employees intend to bring them back to work. However, there is still a great deal of uncertainty regarding exactly when that will be possible,” Labour Minister Filomena Tassi said in a statement.

    The changes, which apply to jobs in the federally-regulated private sector, came into effect on June 22 and will have no impact on any layoffs that occur after September 30."  Rachel Aiello, CTV News

    For more details click here

    Recalled Hand Sanitizers

    Health Canada is advising Canadians that certain hand sanitizers are being recalled from the market because they contain industrial-grade ethanol that has not been authorized for use in hand sanitizers in Canada. As of June 22nd there have been four recalls so far.

    Industrial-grade ethanol contains impurities that are not found in the type of ethanol approved for use in manufacturing hand sanitizers, such as technical-grade, food-grade or pharmaceutical-grade ethanol. In addition, chemicals that may not be approved for use in hand sanitizers are added to industrial-grade ethanol.

    All of the recalled hand sanitizers contain a contaminant compound called ethyl acetate. 

    For an up-to-date list of all recalled hand sanitizers go to https://healthycanadians.gc.ca/recall-alert-rappel-avis/hc-sc/2020/73269a-eng.php 

    The Canadian Centre For Occupational Health And Safety Creates A Pandemic Information Sharing Portal 

    The Canadian Centre for Occupational Health and Safety (CCOHS) is facilitating  a web site to enable businesses to share their pandemic-related good practices and provide some useful tools related to health and safety during the pandemic.

    For more information go to https://www.ccohs.ca/outbreaks/ 

    There is also a break down of covid-19 measures by province. https://www.ccohs.ca/outbreaks/topics/#covidTopic 


  • 16 Jun 2020 11:51 AM | CJA (Administrator)

    The Federal Government announced today the extension of the Canada Emergency Response Benefit program (CERB) for another 8 weeks.

    CERB provides financial aid to unemployed Canadians a taxable benefit of $2000 every 4 weeks.

    https://www.canada.ca/en/department-finance/economic-response-plan.html 

    The Canada/US border ban for non-essential travel will remain in place until July 21, 2020.


  • 15 Jun 2020 10:17 AM | CJA (Administrator)

    2020 AML Changes for Dealers in Precious Metals and Stones

    June 10, 2020, amendments to the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (PCMLTFA) and its enacted regulations were published in the Canada Gazette.

    The amendments create new AML obligations for Dealers in Precious Metals and Stones (DPMS)s, effective June 1, 2021.

    PEP

    DPMSs will have to make a Politically exposed persons (PEP) determination when they enter into a business relationship with a client. In addition, they will also be required to take reasonable measures to determine whether a client from whom they receive an amount of CAD 100,000 or more is a PEP.

    A reminder that a business relationship is defined as:

    If a person or entity does not have an account with you, a business relationship is formed once you have conducted two transactions or activities for which you have to:

     verify the identity of the individual; or

     confirm the existence of the entity.

    If a positive determination is made, the following records must be kept:

    (a) the office or position, and the organization or institution, in respect of which the person is determined to be a politically exposed foreign person, a politically exposed domestic person or a head of an international organization, or a family member of, or a person who is closely associated with, one of those persons;

    (b) the date of the determination; and

    (c) the source, if known, of the person’s wealth.

    Beneficial Ownership

    The amendments will require DPMSs to comply with existing beneficial ownership requirements that apply to other reporting entities.

    This means when identifying an entity, you will need to collect the following information for all Directors and individuals who own or control, directly or indirectly, 25% or more of the organization:

     Their full legal name;

     Their full home address; and

     Information establishing the ownership, control, and structure of the entity.

    A record of the reasonable measures to confirm the accuracy of the information, when it is first obtained and in the course of ongoing monitoring of business relationships, must be retained.

    A reminder, as a dealer in precious metals and stones, you are responsible for identifying clients for:

     Large cash transactions; and

     Suspicious transactions.

    If you have and questions about the changes please contact info@outliercanada.com.


  • 5 May 2020 11:43 AM | CJA (Administrator)

    USEFUL RESOURCES BY PROVINCE:

    Please click here to download a list of useful resources by Province and Territory.

  • 4 May 2020 12:03 PM | CJA (Administrator)

    You read that right! If you're a CJA member, you can take advantage of this incredible new member-exclusive benefit. Contact us at valentina@canadianjewellers.com to learn how to take advantage of this amazing deal! 

  • 1 May 2020 4:36 PM | CJA (Administrator)

    Canadian Bricks and Mortar retail businesses have been closed across the country for nearly two months.  In this short time, customer purchasing habits have shifted to necessity over traditional patterns. At the same time, new operating rules are reshaping the way retailers will do business going forward. 
     
    With provinces beginning to implement reopening of retail what does this look like for your business?

    Lisa Hutcheson, Managing Partner at J.C. Williams Group will discuss the current state and future of retail as well as the essential things you need to know about re-opening.
     
    Date:     Friday May 8, 2020
    Time:     2-3pm EST
     
    Approximately 45 min talk plus Q+A (approx. 15 min)
     
    We will send the link to participate next week.

    We would appreciate any questions that you have sent to valentina@canadianjewellers.com to help us better service the industry, its needs and address the questions.

  • 9 Apr 2020 12:24 PM | CJA (Administrator)

    The Canadian Chamber of Commerce in partnership with the Canadian Government has updated the latest changes to Canada's Emergency Wage Subsidy Program and interest free loans.

    From the Chamber's update:

    "Today(April 8, 2020) we learned of several important changes to the wage subsidy program that will help more businesses access funding:

    • A business will now be able to compare its revenue to the same month last year OR an average of January and February 2020. This will help new and growing firms who may not have qualified based on a comparison to the same month in 2019.
    • A business needs only to demonstrate a 15% reduction in gross revenues for March. A 30% reduction will still be required to receive the subsidy in April and May.
    • The program will now allow businesses to use either accrual or cash accounting methods.
    • Employer paid Employment Insurance (EI), Canada Pension Plan (CPP), Quebec Pension Plan (QPP) and Quebec Parental Insurance Plan premiums will be reimbursed.
    • Registered charities and not-for-profit organizations are eligible employers to apply for the wage subsidy. They also have the choice of whether or not to include government funding in their revenue calculations.
    • Businesses can start applying for interest-free loans on April 9. Applications are available through local financial institutions.

    While these are positive changes, the Canadian Chamber continues to focus on the importance of getting funds to businesses in days, not weeks."

    For more information go to http://www.chamber.ca/ 

    For some interesting reading on how to manage your business reputation during these unprecedented times, Edelman, a global communications firm assisting businesses to promote and protect their brands and reputations, has produced an interesting study- Trust Barometer Special Report- Brand Trust and the Coronavirus Pandemic. https://www.edelman.com/research/covid-19-brand-trust-report 


  • 23 Mar 2020 12:28 PM | CJA (Administrator)

    Given the severity of the situation related to the COVID-19 crisis and its impact on your business, your families and your lives, the Canadian Jewellers Association with the help of our friends at FDFA (Frontier Duty-Free Association) is able to share some additional information concerning the steps the Government is taking to address the situation.
    The Government has announced some measures to assist small and medium-sized businesses. As you are aware the situation is fluid so we will keep you updated but here is a place to start:

    1. Visit the website for businesses for information about supporting your employees and your business. It is updated as the COVID-19 crisis evolve. Some of the information available: 
    • Eliminating the payroll tax for three months by providing a 10% wage subsidy to small businesses;
    • Helping businesses with cash flow by deferring tax payments until August 31st;
    • Introducing a new Emergency Care Benefit of up to $900 bi-weekly for up to 15 weeks for self-employed people who are not eligible for EI sickness benefits.
    • Establishing a coordinated approach with the financial sector: cutting interest rates to 0.75%, and major banks increasing lending capacity by $300 billion;
    • Establishing a Business Credit Availability Program through BDC and EDC worth $10 billion – providing more short-term loans, working capital, and export insurance-credit so that more Canadian businesses are supported.
    • Enhancing the Work-Sharing Program to help businesses pay wages so they don’t have to lay anyone off.
    1. Download the Canada Business App to find tailored supports to address your specific needs and questions about COVID-19.
    2. Consult the Canadian Chamber of Commerce’s pandemic preparedness guide to help prepare your business in the days and weeks to come.

    Business SUPPORT
    List of relevant and official information sources regarding COVID-19

    MENTAL WELLNESS: at risk during this time of crisis
    The current situation and social distancing measures may be impacting the mental health of stakeholders, their teams and family members. As such, we encourage you to take the necessary precautions to stay healthy and to seek help as needed. Below is a list of national resources that can be of assistance in helping manage the stress around the COVID-19 situation:

    • Crisis Services Canada: 1-833-456-4566 or text 45645; 1-866-277-3553 (from Quebec):
    • Kids Help Phone: 1-800-668-6868
    • First Nations and Inuit Hope for Wellness Help Line: 1-855-242-3310
    • Native Youth Crisis Hotline: 1-877-209-1266

    GOVERNMENT updates and useful links

    CJA/JVC Crime Prevention Program (CPP)

    • For those of you who are members of the CPP, special bulletins are being sent out to CPP members with regard to the possibility of an increase in criminal activity to be cognizant of during these unusual times. 

    Please stay safe and let us know what more we can do to help. We are all in this together and we will come out stronger at the end!

    Warm regards,
    Beatrice Sturtevant - CJA Managing Director


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ABOUT CJA

Since 1918, we have provided a single source for information on this vibrant and diverse industry to consumers, government, media and businesses. 

The CJA is the national trade association for the Canadian jewellery industry, comprised  of retailers, suppliers, appraisers, designers and providers of goods and services.

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CONTACTS

Canadian Jewellers Association
27 Queen St. East, Suite 600 
Toronto, Ontario Canada M5C 2M6

Phone: 416-368-7616
Fax: 416-368-1986 

Toll free: 1-800-580-0942 

Email: info@canadianjewellers.com 



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