COVID Government Assistance

FINANCIAL SUPPORTS FOR BUSINESSES/NOT-FOR-PROFITS

ONTARIO SMALL BUSINESS SUPPORT GRANT

This grant provides eligible small businesses with a one-time grant of $10,000 (minimum) up to $20,000 to help cover decreased revenue expected as a result of the Provincewide Shutdown. For more information, please see the Ontario Small Business Support Grant User Guide.

PROPERTY TAX AND ENERGY BILL REBATES

Eligible small businesses could receive rebates for property taxes and energy costs, including electricity and natural gas.

ONTARIO’S MAIN STREET RELIEF GRANT: PPE SUPPORT

Businesses with 2 to 9 employees in the following sectors may be eligible for a one time grant of up to $1,000 to purchase PPE supplies:  retail, accommodation and food services, repair and maintenance, personal and laundry services, and gyms and yoga studios.

CANADA EMERGENCY RENT SUBSIDY (CERS)

Businesses, non-profit organizations, and charities may be eligible for a subsidy to cover part of their commercial rent or property expenses starting on September 27, 2020 until June 2021.

CANADA EMERGENCY WAGE SUBSIDY (CEWS)

Employers may be eligible for a subsidy to cover part of their employee wages. There is a CEWS calculator available to help businesses determine the amount of CEWS they may be eligible for.

CANADA EMERGENCY BUSINESS ACCOUNT (CEBA)

Interest-free loans of up to $60,000 for small businesses and not-for-profit organizations to help cover operating costs. Businesses who repay the balance of the loan by December 31, 2022 will receive loan forgiveness for a portion of their loan. Businesses have until March 31, 2021 to apply for CEBA. Please see the website or call 1-888-324-4201 if you have any questions.

REGIONAL RELIEF AND RECOVERY FUND (RRRF)

The RRRF provide liquidity support to businesses and not-for-profit organizations affected by the economic impacts of COVID-19 that are unable to access other federal relief measures or require additional support.

BUSINESS CREDIT AVAILABILITY PROGRAM (BCAP)

BACP provides businesses of all sizes, sectors, and regions with assistance to address the financial impacts of COVID-19.

FARM CREDIT CANADA (FCC)

Through this program, Farm Credit Canada helps businesses with cash flow challenges. Existing members of Farm Credit Canada can ask for deferrals of principal and interest payments up to 6 months or a deferral of principal payments of up to 12 months.

CANADA EMERGENCY COMMERCIAL RENT ASSISTANCE (CECRA)

The CECRA program has now ended.

FINANCIAL SUPPORTS FOR INDIVIDUALS

CANADA RECOVERY BENEFIT (CRB)

The CRB provides income support to employed or self-employed individuals who are directly affected by COVID-19 and are not entitled to Employment Insurance (EI) benefits.

CANADA RECOVERY CAREGIVING BENEFIT (CRCB)

The CRCB provides income support to employed or self-employed individuals who are unable to work because they must care for their child under 12 years old or a family member who needs supervised care.

CANADA RECOVERY SICKNESS BENEFIT (CRSB)

The CRSB provides income support to employed and self-employed individuals who are unable to work because they are sick or need to self-isolate due to COVID-19, or have an underlying health condition that puts them at greater risk of getting COVID-19.

CANADA EMERGENCY RESPONSE BENEFIT (CERB)

The CERB program has now ended. Please see the recovery benefits that were announced to replace CERB: Canada Recovery Benefit, Canada Recovery Caregiving Benefit, and the Canada Recovery Sickness Benefit.