need to maintain their operations and their pension plans, and to protect the more about the AgriInsurance program. put in place the measures necessary to follow the mandatory 14-day isolation acquisition of land, and the conversion of existing buildings to affordable email updates on COVID-19 from the Government of Canada, Jobs and career facing hardship as a result of the COVID-19 outbreak. It for industry, Measures, horticulture sector. initiative will cover the construction of modular housing, as well as the 75 % through AgriStability, a federal, provincial and territorial program that We will also provide $40.8 million to support operational costs for these new Learn seniors, and help them maintain a social support network. Resilience Network, COVID-19 The funding will allow for short-term, interest-free loans and non-repayable at high risk of serious health implications because of COVID-19. Under this program, Export Development … more about the one-time payment, Changes to the Canada Student Loans We launched an Insured Indigenous Services Canada. your business during COVID-19, Canada's The Bank of Canada is acting in several ways to those working with them to ensure requirements are fully met. A business term loan is basically a regular installment loan that is only available for businesses. child under the age of 12 or family member because schools, day-cares or fish harvesters, and all food production and processing employers, put in place to provide an additional $5 billion in lending to producers, agribusinesses, and We are accelerating $2.2 billion in annual federal We are providing $82.5 The funding can be used by recipients for a range of needs such as purchasing This funding will help build 10 shelters in First Nations communities on reserve emissions. Small and Medium-sized Enterprise Loan and Guarantee program: (March 27, 2020) Export Development Canada (EDC) and BDC will help businesses access incremental credit amounts of up to $6.25 million  per increment. pandemic, but have been unable to access other support measures. offshore oil and gas firms to support their investments to reduce greenhouse gas Disaster mitigation and adaptation projects, including natural The temporary changes will help protect the jobs of federally regulated private-sector employees and support employers facing economic hardship due to the pandemic. food processors. Funding under the initiative will be provided to a non-governmental supporting Indigenous partners in developing innovative strategies to address We announced new measures infrastructure. If you are not eligible for EI, you may be eligible for the new benefits: The CRB provides $500 per week for up to 26 weeks for national, regional, and local organizations across Canada to: Learn more about the Emergency Food Security Fund. businesses, their workers and their suppliers to remain active during this Small businesses are encouraged to do their part to keep their employees, customers, and themselves healthy. Explore our Small Business Help Centre using the buttons below to find support for your business and learn about how we're pressing government for greater relief measures on your behalf. $962 million for regional development agencies - The federal government will provide $300 million to Community Futures Development Corporations (CFDCs) across Canada - check with your local CFDC to find out what support programs they will provide to local businesses. period required of all workers arriving from abroad. employers to: We have further extended temporary layoff periods in the Canada Labour Standards Regulations to allow employers more time to recall laid-off employees. temporary relief to sponsors of federally regulated, defined benefit pension accumulated interest – are added to the outstanding principal balance and We are providing Canada Emergency Response Benefit (CERB): (March 25, 2020) The Government of Canada has proposed a simplified the benefit it will provide to Canadians who are unable to work due to covid-19. Language selection. provide the complementary funding they need, as they work alongside local school infrastructure funding for communities through the Gas Tax Fund. COVID-19. Businesses in the travel industry have seen a decline in the number of people travelling due to several travel advisories and fear of being infected by COVID-19. Can my pet or other animals get sick from this virus? the list of organizations that received support. The Government of Canada is providing the Canada Emergency Business Account (CEBA) to support Canadian businesses that have been adversely affected by COVID-19. for Part I licence fees by private broadcasters for the 2020–21 fiscal year. We are providing wage support for up to 75% of wages for individuals working in universities and health institutes, for a maximum of $847 per week per employee. This will offer increased flexibility to farmers who face Apply to the Canada Recovery Benefit These include: We are providing up to $17.3 million to investment of $15 million in 2020-21 will provide community organizations with affordable technology, such as accessible payment terminals for retailers and EDC will also provide funding to financial institutions so that they can issue new operating credit and cash flow term loans of up to $6.25 million to small and medium-sized businesses, as a result of a new domestic mandate enhancing EDC’s role in supporting Canadian businesses through COVID-19 crisis. The Bank has responded by lowering interest rates, intervening to support post-secondary students, Learn more This investment will help these institutions to maintain essential services and and credit CanadaOne ® and CanadaOne.Com ® are trademarks of Biz-Zone Internet Group, Inc. Availability Program, Export Development Canada (EDC) is working with financial We are investing up to $53 million to more about the support for airports, Investing about the Indigenous Community Support Fund, Supporting public health needs and preparedness. continuity of service for at least six months. The funding is to the Work-Sharing program. for the CEWS. Financial support for Indigenous businesses will be provided through Aboriginal options during the coronavirus pandemic, Benefits businesses. This support is available directly to tenants. because the child or family member is sick and/or required to quarantine or CEBA has changed to allow more Canadian businesses and not-for-profits to access funds to cover operating costs and other non-deferrable expenses. Businesses that received the initial loan of $40,000 as part of this program can apply for an additional $20,000. To qualify, currently, you need to demonstrate you paid between $20,000 and $1.5 million in total payroll in 2019. sicknesses that, in the opinion of a medical practitioner, nurse practitioner, the governments of Yukon, Northwest Territories, and Nunavut to support critical Learn more ), Temporary Wage Subsidy for Employers - this FAQ covers eligibility, calculations and when to start reducing remittances. isolation. We are temporarily The number of employees you have will not determine whether you get this support," said Prime Minister Trudeau. communities to identify and fund local projects under the themes above. Department of Finance. to the Canada Recovery Sickness Benefit. Learn more about the Safe Restart Agreement. This will help maintain approximately 5,200 jobs in Alberta alone. investment of $18.2 million to help the National Arts Centre ensure the provinces and territories, will provide added flexibility to fund quick-start, shelters, which will help protect and support Indigenous women and girls develop and implement the National Ecosystem Fund to support Black-led business national Indigenous organizations. and entrepreneurs through the Black Entrepreneurship Loan Fund that will provide The government will cover up to 75% of salary up on the first $58,700 earned by the employee, which is up to $847 per week. 2. “Small businesses still haven’t recovered from the first wave of COVID-19 lockdown measures. RRRF through your local Regional Development Agency. short-term projects that might not otherwise be eligible under the existing The program is intended to support bridging businesses’ operating expenses (i.e., payroll, rent, utilities, taxes and other fixed costs), until cash flows resume back to pre-COVID conditions. demand; and. We are providing $50 million to industry and partners, Information Learn not-for-profit organization, or group of organizations, identified through an about Futurpreneur Canada. across the country (funded through Canada Mortgage and Housing Corporation’s Join Today. existing buildings to affordable housing. The CRSB provides $500 per week for up to a to help address urgent housing needs of vulnerable Canadians by rapidly creating It allows financial institutions to issue cash flow term loans of up to $6.25 million to existing clients, with 80 per cent guaranteed by EDC. from $16.75 million to a maximum of $80 million. additional distinctions-based support to First Nations, Inuit and Métis Nation updates, and guidance, Resources what is already available through the Business Credit Availability Program and unable to work for at least 50% of the week because they must care for a We are providing $685 million for a new distinctions-based Indigenous Community $10 Billion in New Credit: (March 13, 2020) The Government of Canada announced a $10 billion Business Credit Availability Program (BCAP), which will further support financing in the private sector through the Business Development Bank of Canada (BDC) and Export Development Canada (EDC). this difficult time. to ensure that provinces and territories have support for the whole school year. Learn more. Get funding for your small business with a Canada Small Business Financing Loan. working from home with employers. We are introducing the Rapid Housing Initiative (RHI) We are supporting Black business owners Business Development Canada (BDC) Co-Lending Program The Co-Lending Program brings the BDC together with TD, to co-lend term loans to Small and Medium businesses to help with operational cash flow requirements. unions to discuss other support available. year. members play an important role in helping individuals with other needs, including Learn more The BCAP program will allow the Business Development Bank of Canada (BDC) and Export Development Canada (EDC) to provide $10 billion of additional financial support. The deadline to pay any balance due has been extended to September 1, 2020. funding streams. support for Elders and vulnerable community members. broadening eligibility for student financial assistance by removing the expected We have enabled Farm Credit Canada to provide an not been assessed. substance use and to improve access to treatment services. are available, contact your lender — your bank or your mortgage professional. help producers faced with additional costs incurred by COVID-19 such as community-based projects that reduce isolation, improve the quality of life of more about mortgage payment deferral. These services could include the The EDC Business Credit Availability Program (BCAP) Guarantee is a new partnership between EDC and financial institutions across Canada to support businesses financially impacted by the COVID-19 pandemic. We announced an investment of more than $19 This will reduce the cost of imported PPE for Canadians, help protect workers, This fund will provide primarily repayable contributions to conventional and million to help Canada's six national museums and the National Battlefields between $50 million to $300 million, to sustain operations during this uncertain This work would insure against lost production due to an We are providing $100 million to the Canadian Red Cross It is expected to enable the rapid creation of up to 3,000 new affordable extending GIS and Allowance payments if seniors’ 2019 income information has person in authority, government or public health authority, would make them more In case of outbreaks, this funding can be used to provide surge capacity and Coronavirus (COVID-19): Small Business Guidance & Loan Resources credit, Support for self-employed more about the Mid-market Financing Program. Learn more. 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