Thank you Tim!!!
On Mon, Aug 28, 2023 at 10:05 AM Timothy Thomas <tt@thekey.com> wrote:
> I've submitted the request for the letter. Should take 48 hours.
>
> On Mon, Aug 28, 2023 at 12:29 PM <brian.fialko@thekey.com> wrote:
>
>> We will not be able to sign into the below as we are not Canadian
>> citizens. Tim, is there any way you can sign in?
>>
>>
>>
>>
>>
>> *From:* Laszlo Kovacs <laszlo.kovacs@thekey.com>
>> *Sent:* Friday, August 25, 2023 7:01 PM
>> *To:* Sean Cygan <scygan@thekey.com>
>> *Cc:* Timothy Thomas <tt@thekey.com>; Daniel Barakat <
>> daniel.barakat@thekey.com>; Brian Fialko <brian.fialko@thekey.com>
>> *Subject:* Re: Ontario - Temporary Help Agency and Recruiter licensing
>> Application
>>
>>
>>
>> Sean,
>>
>>
>>
>> Previously looped in Daniel/Brian who should be able to help.
>>
>>
>>
>> Best,
>>
>>
>>
>> On Aug 25, 2023, at 5:19 PM, Sean Cygan <scygan@thekey.com> wrote:
>>
>>
>>
>> HI Laszlo,
>>
>>
>>
>> I'm in the same boat as you. Anything that is tax/finance related is out
>> of my realm. That is why I reached out to finance for assistance. So, if
>> someone from finance can please create an account, if needed at
>>
>> My Business Account
>> <https://www.canada.ca/en/revenue-agency/services/e-services/e-services-businesses/business-account.html> and
>> download the Filing and Balance Confirmation letter, that would be
>> wonderful. Or we can share screens and do it together.
>>
>>
>>
>> Please let me know if you have any questions and thank you for your
>> assistance.
>>
>>
>>
>> Sean
>>
>>
>>
>> On Fri, Aug 25, 2023 at 6:22 AM Laszlo Kovacs <laszlo.kovacs@thekey.com>
>> wrote:
>>
>> Sean,
>>
>>
>>
>> Suggest you download the letter via the link provided below and raise it
>> to Daniel Barakat/Brian Fialko. Tax compliance is far out of my realm of
>> expertise.
>>
>>
>>
>> Thanks,
>>
>>
>>
>> *From:* Sean Cygan <scygan@thekey.com>
>> *Sent:* Thursday, August 24, 2023 3:37 PM
>> *To:* Timothy Thomas <tt@thekey.com>
>> *Cc:* Laszlo Kovacs <laszlo.kovacs@thekey.com>
>> *Subject:* Re: Ontario - Temporary Help Agency and Recruiter licensing
>> Application
>>
>>
>>
>> Hi Laszlo,
>>
>>
>>
>> I have created an account in ONe-Key. Before I can check for our
>> compliance status, they are asking for the following (Filing and Balance
>> Confirmation letter). Is this something you can get for me?
>>
>>
>>
>> Sean
>>
>>
>> Before you check your tax compliance status
>>
>> If you file corporate income tax
>> <https://www.canada.ca/en/revenue-agency/services/tax/businesses/topics/corporations/corporation-income-tax-return.html>
>> or GST/HST
>> <https://www.canada.ca/en/revenue-agency/services/tax/businesses/topics/gst-hst-businesses.html>,
>> you are required to upload a Filing and Balance Confirmation (FBC) letter
>> issued by the Canada Revenue Agency (CRA). This letter shows if you have
>> outstanding returns or balances associated with your business number.
>>
>> Visit My Business Account
>> <https://www.canada.ca/en/revenue-agency/services/e-services/e-services-businesses/business-account.html> to
>> obtain the letter *before* you verify your tax compliance status.
>>
>>
>>
>> On Thu, Aug 24, 2023 at 11:21 AM Sean Cygan <scygan@thekey.com> wrote:
>>
>> We have Arya Healthy Living Inc with the Waterloo address on the
>> application. So I will use 824550594. Thank you
>>
>>
>>
>> On Thu, Aug 24, 2023 at 11:16 AM Timothy Thomas <tt@thekey.com> wrote:
>>
>> It's these numbers here, depending on which entity we're using. Forgive
>> me but I can't recall which one.
>>
>>
>>
>> <image001.png>
>>
>>
>>
>> On Thu, Aug 24, 2023 at 1:10 PM Sean Cygan <scygan@thekey.com> wrote:
>>
>> Tim - can you give me the business number?
>>
>>
>>
>>
>>
>> On Thu, Aug 24, 2023 at 10:02 AM Timothy Thomas <tt@thekey.com> wrote:
>>
>> Thanks Sean, I wouldn't know how to find that number unfortunately. I do
>> have the business numbers if that helps.
>>
>>
>>
>> On Thu, Aug 24, 2023 at 12:58 PM Sean Cygan <scygan@thekey.com> wrote:
>>
>> Yep - I will give it a try. I will chat you if I need any finance
>> information - Thank you
>>
>>
>>
>> On Thu, Aug 24, 2023 at 9:54 AM Laszlo Kovacs <laszlo.kovacs@thekey.com>
>> wrote:
>>
>> On second thought, Sean, you’re a compliance guy…why don’t you tackle
>> this tax compliance stuff and lean into accounting for support as needed.
>> I’ll work with Tim to keep moving the LOC request forward. Work for you?
>>
>>
>>
>> *From:* Sean Cygan <scygan@thekey.com>
>> *Sent:* Thursday, August 24, 2023 11:52 AM
>> *To:* Laszlo Kovacs <laszlo.kovacs@thekey.com>
>> *Cc:* Timothy Thomas <tt@thekey.com>
>> *Subject:* Re: Ontario - Temporary Help Agency and Recruiter licensing
>> Application
>>
>>
>>
>> Sounds good, thanks!
>>
>>
>>
>> On Thu, Aug 24, 2023 at 9:51 AM Laszlo Kovacs <laszlo.kovacs@thekey.com>
>> wrote:
>>
>> Sean,
>>
>>
>>
>> This is new to me, but we can try to work through it.
>>
>>
>>
>> Thanks,
>>
>>
>>
>> *From:* Sean Cygan <scygan@thekey.com>
>> *Sent:* Thursday, August 24, 2023 11:49 AM
>> *To:* Timothy Thomas <tt@thekey.com>
>> *Cc:* Laszlo Kovacs <laszlo.kovacs@thekey.com>
>> *Subject:* Re: Ontario - Temporary Help Agency and Recruiter licensing
>> Application
>>
>>
>>
>> Thank you Laszlo.
>>
>>
>>
>> We also need to obtain a Compliance Verification number. Will you be
>> able to help with this?
>>
>>
>>
>> From the application
>>
>>
>>
>> <image002.png>
>>
>> https://www.ontario.ca/page/check-your-tax-compliance-status#section-3
>>
>>
>>
>> *Steps to verifying your tax compliance*
>>
>> Follow these steps to verify that your business or entity is tax
>> compliant. Use our instructional video
>> <https://www.youtube.com/watch?v=dSMzBv-fhKg&feature=youtu.be> to help
>> you through these steps.
>>
>> 1. Complete the E-Services
>> <https://www.etax.fin.gov.on.ca/eServices/eServicesHome/RegisterOneKey?lang=en>
>> Registration
>>
>>
>> - You will receive a web access code and a personal identification
>> number by email.
>>
>>
>> 1. Visit One-key
>> <https://www.one-key.gov.on.ca/iaalogin/IAALogin.jsp?GAREASONCODE=-1&GARESOURCEID=ESERVICEAPP&GAURI=https://stsxaponekey.prod.sde.gov.on.ca/Mof.eServices.Tax/login> to
>> create an account or sign in using your existing credentials
>> 2. From My Services, select E-Services
>> 3. Enter the code and personal identification number (received in
>> Step 1)
>> 4. Select Tax Compliance Verification
>> 5. Select Request TCV Number
>> 6. Attach your FBC letter (if necessary) using the PDF available
>> under *Alternate Format*
>>
>>
>> - Your FBC letter must be the most recent version and in the
>> original PDF format
>> - Scanned images, JPGs and expired letters are not accepted
>> - The PDF is available under Alternate format within your list of
>> correspondence items in your My Business Account
>> <https://www.canada.ca/en/revenue-agency/services/e-services/e-services-businesses/business-account.html>
>> .
>>
>>
>> 1. Select *View Summary* to review compliance information
>> 2. Download *TCV Certificate* (optional)
>> 3. Provide an email address to receive alerts about your business or
>> entity's compliance status and bookmark this page for future reference.
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>>
>> On Thu, Aug 24, 2023 at 8:35 AM Timothy Thomas <tt@thekey.com> wrote:
>>
>> To confirm, its $25k CAD
>>
>>
>>
>> On Wed, Aug 23, 2023 at 5:52 PM Laszlo Kovacs <laszlo.kovacs@thekey.com>
>> wrote:
>>
>> Thanks Sean. Will get this submitted and circle back once in hand.
>>
>>
>>
>> *From:* Sean Cygan <scygan@thekey.com>
>> *Sent:* Wednesday, August 23, 2023 4:25 PM
>> *To:* Laszlo Kovacs <laszlo.kovacs@thekey.com>
>> *Cc:* Timothy Thomas <tt@thekey.com>
>> *Subject:* Re: Ontario - Temporary Help Agency and Recruiter licensing
>> Application
>>
>>
>>
>> Hi Laszlo,
>>
>>
>>
>> No worries. The following are the requirements.
>>
>>
>> Letter of credit requirements
>>
>> To be acceptable, the letter of credit must:
>>
>> - be made in favour of the Director of Employment Standards,
>> - be issued by a bank in Canada or credit union
>> - be electronic
>> - be in the amount of $25,000
>> - be irrevocable so it cannot be recalled or repealed
>> - automatically renew when it expires
>> - permit “partial drawings” without any conditions, meaning that the
>> Director of Employment Standards can, for reasons set out in the regulation
>> and in accordance with the prescribed processes, demand and receive a
>> payment less than the entire amount specified in the letter of credit
>> - have no other conditions
>>
>> We recommend you use our template for irrevocable letters of credit
>> <https://forms.mgcs.gov.on.ca/en/dataset/on00544> to ensure your letter
>> of credit meets all requirements.
>>
>>
>>
>> On Wed, Aug 23, 2023 at 10:37 AM Laszlo Kovacs <laszlo.kovacs@thekey.com>
>> wrote:
>>
>> Hi Sean,
>>
>>
>>
>> Apologies for the delay on getting this to you. I had to do some more
>> digging and ensure a few folks were onboard as there is an impact to our
>> lending covenants. I think we’re all set now to get this request submitted,
>> but wanted to confirm with you that the amount is for $25K USD and the
>> entity that we are issuing the LOC to will be the Canadian Ministry of
>> Finance. Please advise and I’ll get this request submitted asap.
>>
>>
>>
>> Thanks and sorry again for the delay.
>>
>>
>>
>> Best,
>>
>>
>>
>> *From:* Sean Cygan <scygan@thekey.com>
>> *Sent:* Tuesday, August 22, 2023 2:12 PM
>> *To:* Timothy Thomas <tt@thekey.com>
>> *Cc:* Laszlo Kovacs <lasz