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The Government of Canada announced changes to the EI program and new recovery benefits that will better support Canadians.
You may be eligible for a subsidy of 75% of employee wages, retroactive to March 15, 2020. This subsidy will enable you to re-hire workers, help prevent further job losses, and ease you back into normal operations.
CEBA provides much-needed credit for small businesses to pay for immediate operating costs such as payroll, rent, utilities, insurance, property tax, or debt service.
Work-Sharing (WS) is an adjustment program designed to help employers and employees avoid layoffs.
Through this program, Export Development Canada (EDC) and the Business Development Bank of Canada (BDC) will provide direct lending and other types of financial support.
Increased flexibility to farmers who face cash flow issues and to processors who are impacted by lost sales, the Farm Credit Canada.
Provides simple and easy-to-access rent and mortgage support until June 2021 for qualifying organizations affected by COVID-19.
RRRF, delivered by FedDev Ontario, will provide financial contributions (interest-free loans) to provide support to southern Ontario SMEs that do not qualify for or have been rejected from current, Government COVID relief measures.
CEAP-SB is intended to help small businesses and registered charities that are struggling to pay their energy bills as a result of COVID-19 and provides a one time, on-bill credit to eligible small business and registered charity customers to help them catch up on their energy bills and resume regular payments.
Last updated September 30, 2020
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