Lotus Accounting Firm

05/29/2026

📢 CANADA DENTAL CARE PLAN (CDCP) – IMPORTANT UPDATE
The Canada Dental Care Plan (CDCP) helps eligible Canadians reduce the cost of dental care.

✅ Who Qualifies?

You may qualify if you meet ALL of the following:

✔️ Canadian resident for tax purposes
✔️ Filed your latest income tax return
✔️ Adjusted family net income is less than $90,000
✔️ Do not have access to private dental insurance through an employer, spouse's employer, pension plan, professional association, student association, or a privately purchased dental plan

🔄 Already Enrolled?

⚠️ Renewal is NOT automatic.

📅 Renewal Deadline: June 1, 2026
📅 Current Coverage Ends: June 30, 2026

If you do not renew by June 1, 2026, your coverage may end.

🆕 Not Enrolled Yet?

Applications for the 2026–2027 coverage year open on June 2, 2026.

📝 How to Apply or Renew

• Online through your My Service Canada Account (MSCA)
• By phone: 1-833-537-4342
• Visit a Service Canada Centre

🔗 More information:
https://www.canada.ca/en/services/benefits/dental/dental-care-plan.html

Please share this information with family and friends who may be eligible

The Canadian Dental Care Plan (CDCP) will help cover some of the cost of various oral health care services for eligible Canadian residents.

05/27/2026

📢 Toronto Small Business Grant Opportunity

The City of Toronto is offering a Commercial Space Renovation Grant for eligible small businesses.

✅ Covers 50% of eligible interior renovation costs
💰 Up to $20,000 grant (up to $24,000 with accessibility upgrades)

Who may qualify?
✔ Owners or tenants of vacant commercial spaces
✔ Some occupied businesses affected by transit construction or that previously received CERS support

Eligible improvements may include:

HVAC
Plumbing
Electrical / lighting
Interior painting / flooring
Fixed counters / displays
Accessibility upgrades

Not covered:
❌ Equipment / appliances
❌ Furniture
❌ Computers / POS systems
❌ Exterior work

Requirements:

Commercial property must be in Toronto
Street-level unit (or direct street access)
Minimum 3 eligible interior improvements
Minimum $5,000 renovation project
Tenants need landlord approval

📅 Applications open: June 1 at 9:00 AM
⏳ Deadline: June 5 at 12:00 PM
⚠️ Applications reviewed on a first-come, first-served basis

Good opportunity for anyone opening, renovating, or improving a commercial space in Toronto.

Applications open on June 1 at 9 a.m. and close on June 5 at noon. Applications are reviewed and assessed in the order in which they are received. A waitlist will be developed should further funding be made available in 2026. The Commercial Space Renovation Grant Program offers matching funding of 5...

05/18/2026

17th Year Remembrance of Genocide of the Tamils .The total number of Tamil civilians killed during the final months is widely contested. After providing an initial death toll of 40,000, the UN found evidence suggesting that 70,000 were killed. Local census records indicate that at least 146,679 people are unaccounted for and presumed to have been killed during the Sri Lankan military offensive.

03/12/2026

Still Waiting for Your Accountant to Reply?

Stop chasing. Start working with a CPA who stays ahead.

At Lotus Accounting Professional Corporation, we follow up with our clients before they need to ask.

✔ Business Taxes
✔ Self-Employed Taxes
✔ CPA Guidance You Can Trust

Schedule Your Free Initial Consultation Today

📞 (416) 904-2013

01/01/2026

Happy New Year 2026! 🎉

Wishing you and your family good health, happiness, and continued success in the year ahead.
Thank you for your trust and support — we truly appreciate it.

Warm regards,
Chandran Somasuntharam, CPA
Lotus Accounting Professional Corporation

10/01/2025

https://www.linkedin.com/posts/lotus-accounting_lotusaccounting-awardwinningfirm-accountingprofessionals-activity-7379175245242535936-DBIW?utm_source=share&utm_medium=member_desktop&rcm=ACoAAAfhcesBbjb_3l1N5gbQwnmCedsrt9_8wkw

🎉 Celebrating a Milestone at Lotus Accounting! Back in June 2025, we were honoured to receive the Platinum Award from CommunityVotes Scarborough 2025 — and we’re thrilled to finally share the news here on LinkedIn! Lotus Accounting Professional Corporation was recognized in two key categories...

05/17/2024

At Lotus Accounting Professional Corporation, we stand in solidarity with the Tamil community as we observe and remember the Tamil Genocide. On this solemn day, we honor the memory of those who tragically lost their lives and reaffirm our commitment to advocating for justice and remembrance.

04/21/2023

Wishing all those who are celebrating Ramadan festival . Happy Eid Mubarak .