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Government support

Government Assistance Programs

The Federal and Provincial Governments recently announced programs to support businesses through COVID-19. Here are a few options for you and your business.

Canada Emergency Business Account (CEBA) Expand/Collapse

CEBA is a Government of Canada program that provides credit for small businesses to pay for immediate operating costs such as payroll, rent, utilities, insurance, property tax, or debt service. The deadline for new applicants has passed.

Please visit the Canada Emergency Business Account (CEBA) website for important dates. 

Please visit the CEBA Document Upload site for any document uploads.

Upcoming Program Deadlines
For Non-Deferrable Expense Applicants:
  • The July 14, 2021 document submission deadline has passed
  • The document resubmission deadline is September 3, 2021

For Applicants Required to Submit Additional Information Related to their Business Number:
  • The deadline to submit additional information related to your business number is September 10, 2021

For Applicants Required to Requalify Under the Non-Deferrable Expense Stream:
  • The document submission deadline is October 1, 2021
  • The document resubmission deadline is October 29, 2021

Applicants Seeking Status Updates
  • Applicants can check the status of their CEBA loan online
  • If you continue to have questions, you may call the CEBA Call Centre at 1.866.324.4201. The CEBA Call Centre is available Monday to Friday, 8 a.m. to 9 p.m. EST, excluding statutory holidays.

Canada Emergency Commercial Rent Assistance (CECRA) Expand/Collapse

The Government of Canada reached an agreement in principle with all provinces and territories to implement the Canada Emergency Commercial Rent Assistance (CECRA) for small businesses. This program will lower rent by 75 per cent for small businesses that have been affected by COVID-19.

The program will provide forgivable loans to qualifying commercial property owners to cover 50% of three monthly rent payments that are payable by eligible small business tenants who are experiencing financial hardship during April, May, and June.

The loans will be forgiven if the mortgaged property owner agrees to reduce the small business tenants’ rent by at least 75% under a rent forgiveness agreement, which will include a term not to evict the tenant while the agreement is in place. The small business tenant would cover the remainder, up to 25% of the rent.

Impacted small business tenants are businesses paying less than $50,000 per month in rent and who have temporarily ceased operations or have experienced at least a 70% drop in pre-COVID revenues. This support will also be available to non-profit and charitable organizations.

Complete your application by visiting the CMHC website.

Business Credit Availability Program (BCAP) Expand/Collapse

As part of the Federal Government’s new $65 billion Business Credit Availability program (BCAP), Innovation and EDC are partnering to provide small and medium-sized Canadian businesses with financing during the COVID-19 pandemic.

Get up to $6.25 million to cover:
  • Payroll
  • Rent
  • Other operating expenses

  • Proceeds from this loan cannot be used to repay or refinance existing debt (further restrictions apply to other non-operational costs).
  • Exports sales are not required to qualify for the program.
For more information, please visit the EDC website and speak to your Innovation business advisor.

Program close date is December 31, 2021 extended from Sept 30, 2020.

Canada’s Emergency Wage Subsidy Expand/Collapse

The Government of Canada has recently announced a 75% wage subsidy for qualifying businesses. The subsidy is available to both large and small businesses, for up to three months, and is retroactive to March 15, 2020.

The subsidy will apply to the first $58,700 of normal salary with a total benefit up to $847/week per employee. An individual can only receive the benefit of one program - the Canada Emergency Response Benefit (CERB) or the Canada’s Emergency Wage Subsidy (CEWS).

Additional details on eligibility criteria will be made available by the Government of Canada before the end of the month.

For general information on COVID-19 Business Support programs, visit the Government of Canada website.

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