Canada Emergency Business Account Program: (CEBA)

*****APPLICATION DEADLINE FOR THIS PROGRAM HAS PASSED*****

• Up to $60,000 loan available to small businesses and not-for-profits
• Interest free to December 31, 2022
• If paid off by December 31, 2022, 25% of the loan will be forgiven
• If paid off by December 31, 2022, 33% up to $20,000 of the loan will be forgiven
• If not paid off by December 31, 2022 the remaining balance is converted to a 3 year term loan at 5% interest

Temporary Wage Subsidy for Employers:

*****APPLICATION DEADLINE FOR THIS PROGRAM HAS PASSED*****

Canadian Emergency Wage Subsidy: (CEWS)

*****THIS PROGRAM IS ONGOING AT THE TIME OF THIS POST*****

Employers who have seen a drop in revenue during the COVID-19 pandemic may be eligible for a subsidy to cover part of your employee wages. As this is a complicated program, it would be best to go to the government calculator to see if you are eligible. https://www.canada.ca/en/revenue-agency/services/subsidy/emergency-wage-subsidy/cews-calculate-subsidy-amount.html

Canada Emergency Rent Subsidy (CERS)

*****THIS PROGRAM IS ONGOING AT THE TIME OF THIS POST*****

Canadian businesses who have seen a drop in revenue during the COVID-19 pandemic may be eligible for a subsidy to cover part of their commercial rent or property expenses starting September 27, 2020, until October 23, 2021. As this is a complicated program, go to the following link to learn more about the program: https://www.canada.ca/en/revenue-agency/services/subsidy/emergency-rent-subsidy.html

Canada Recovery Hiring Program (CRHP)

*****SUPPORT AVAILABLE RECTROACTIVELY TO JUNE 6, 2021 AND UNTIL NOVEMBER 20, 2021*****

The CRHP provides a subsidy on eligible salary or wages to help hard-hit businesses hire the workers they need to recover and grow as local economies reopen. This program allows eligible employers to hire new workers, increase workers' hours, or increase wages at a pace that works for them. For more information on this program, click on this link: https://www.canada.ca/en/revenue-agency/services/subsidy/recovery-hiring-program.html

Canadian Emergency Response Benefit (CERB)

*****APPLICATION DEADLINE FOR THIS PROGRAM HAS PASSED*****

Canada Recovery Benefit (CRB)

*****THIS PROGRAM IS ONGOING AT THE TIME OF THIS POST*****

The Canada Recovery Benefit gives income support to employed and self-employed individuals who are directly affected by COVID-19 and are not entitled to Employment Insurance benefits. For more information go to the following site: https://www.canada.ca/en/revenue-agency/services/benefits/recovery-benefit.html

Canada Recovery Caregiving Benefit (CRCB)

*****THIS PROGRAM IS AVAILABLE UNTIL OCTOBER 23, 2021*****

The CRCB provides $500 for up to 42 weeks per household for workers:

• Unable to work for at least 50% of the week because they must care for a child under the age of 12 or a family member because schools, day-cares or care facilities are closed due to COVID-19s
• Because the child or family member is sick and/or required to quarantine or is at high risk of serious health implications because of COVID-19