Please find below a list of COVID-19 Resources for Businesses as offered by the Government of Canada and other Federal bodies.
- Canada Emergency Rent Subsidy (CERS) – CLICK HERE
- Canadian businesses, non-profit organizations, or charities who have seen a drop in revenue due to the COVID-19 pandemic may be eligible for a subsidy to cover part of their commercial rent or property expenses, starting on September 27, 2020, until June 2021.
- Government Of Canada Creates The ‘Essential Services Contingency Reserve’ Program – CLICK HERE
- The Essential Services Contingency Reserve will allow organizations that provide essential services to apply for temporary, urgent access to personal protective equipment and other critical supplies. It aims to help bridge gaps in their supplies to avoid any significant disruptions in services to Canadians. Eligible associations and organizations will be able to apply online for a range of equipment, available for purchase at cost. Registration will begin in early August.
- Canadian Business Resilience Network – Communications Guide & Template Signage – CLICK HERE
- This toolkit will provide guidance, examples and access to ready-made posters and graphics as well as a template that businesses can customize for their own needs.
- Canadian Business Resilience Network – Business Resilience Service – CLICK HERE
- The Business Resilience Service allows you to connect with experienced business advisors from across Canada for guidance on which government relief programs will be most appropriate to support your small- to medium-sized business, not-for-profit or charity on how to respond and reshape amid uncertainty.
- Canada Post Think Small Program – CLICK HERE
- Canada Post is offering services for businesses to provide a quick, easy and cost-effective way to promote your business to the local community.
- Digital Main Street ShopHERE – CLICK HERE
- The ShopHERE program offers local businesses and artists the opportunity to start selling online. GoogleCanada announced a one million dollar investment to enable Digital Main Street to expand the program to municipalities across the country, offering more businesses and artists the opportunity to build their own online store. Because the opportunities afforded by the digital economy are still limited if people don’t have the right skills, Google’s investment will also help more small businesses and artists receive the digital skills training needed to participate in the digital economy.
- Government of Canada Supply Hub – CLICK HERE
- The Government of Canada is working closely with partners to ensure Canadians have access to the information, resources and supplies they need to stay safe and healthy in response to COVID-19. A new web hub was launched to bring together resources for organizations buying and selling personal protective equipment (PPE). As organizations re-open for business, they need reliable information on how to buy and sell the necessary supplies to keep themselves and others safe.
- Canadian Business Resilience Network Small Business Relief Fund – CLICK HERE
- As part of its Canadian Business Resilience Network campaign, the Canadian Chamber of Commerce, through the generosity of Salesforce, will provide 62 small Canadian businesses from coast to coast to coast with $10,000 grants to help their recovery efforts during these unprecedented times.
- Canadian Business Resilience Network Reopening Toolkit: CLICK HERE
- As businesses prepare to reopen or revamp their operations amid the ongoing COVID-19 pandemic, there are numerous issues and challenges to consider. This toolkit is designed to provide guidance and access to other resources for business owners responsible for re-establishing their operations while ensuring health and safety of staff, customers and the general public is at the forefront.
- Road to Retail Recovery Playbook: CLICK HERE
- To assist retailers in their reopening planning, Retail Council of Canada, in collaboration with Boston Consulting Group and retailers from across Canada, prepared the Road to Retail Recovery Playbook to help Canadian retailers, large and small, plan for reopening.
- Federal Principles for Restarting Canadian Economy: CLICK HERE
- On Tuesday, April 28, the Federal Government announced that Federal, Provincial, and Territorial governments have come together and agreed to a set of common principles for restarting the Canadian economy. The statement identifies the criteria and measures that need to be in place in order to begin to take steps to restart the economy.
Added April 29, 2020
- On Tuesday, April 28, the Federal Government announced that Federal, Provincial, and Territorial governments have come together and agreed to a set of common principles for restarting the Canadian economy. The statement identifies the criteria and measures that need to be in place in order to begin to take steps to restart the economy.
- Canada’s COVID-19 Economic Response Plan: CLICK HERE
- On March 18, 2020, the Prime Minister announced a new set of economic measures to help stabilize the economy during this challenging period. These measures, delivered as part of the Government of Canada’s COVID-19 Economic Response Plan, will provide direct support to Canadian workers and businesses. Information on those measures can be found at this here.
- Outlined here is information on: (1) supporting Canadian businesses through the Canada account, (2) helping businesses keep their workers, (3) flexibility for businesses filing taxes, (4) ensuring businesses have access to credit, (5) supporting financial market liquidity. Additionally, information on the cost and implementation of the Economic Response Plan is shared.
Updated May 25, 2020
- Personalized Federal Supports: CLICK HERE
- The Government of Canada has launched a portal for businesses to easily access the most pertinent information for them by easily answering a few questions.
Updated May 16, 2020
- The Government of Canada has launched a portal for businesses to easily access the most pertinent information for them by easily answering a few questions.
- Business Credit Availability Program: CLICK HERE
- To provide $65 Billion of additional support through the Business Development Bank of Canada (BDC) and Export Development Canada (EDC)
- BDC and EDC are working with private sector lenders to coordinate on credit solutions for individual businesses, including in sectors such as oil and gas, air transportation, exportation, and tourism. On May 19, the Federal Government announced an expansion of the Business Credit Availability Program to include support for mid-market businesses. THIS INFORMATION IS NOW AVAILABLE
- This program includes:
- Canada Emergency Business Account
- The Canada Emergency Business Account will provide interest-free loans of up to $40,000 to small businesses and not for profits to help cover operating costs during a period where their revenues have been temporarily reduced.
- Loan Guarantee for Small and Medium-Sized Enterprises
- EDC is working with financial institutions to issue new operating credit and cash flow term loans of up to $6.25 Million to SMEs
- Co-Lending Program for Small and Medium-Sized Enterprises
- BDC is working with financial institutions to co-lend term loans to SMEs for their operational cash flow requirements. Eligible businesses may obtain incremental credit amounts of up to $6.25 Million through the program.
Updated May 20, 2020
- BDC is working with financial institutions to co-lend term loans to SMEs for their operational cash flow requirements. Eligible businesses may obtain incremental credit amounts of up to $6.25 Million through the program.
- Canada Emergency Business Account
- Regional Relief and Recovery Fund: CLICK HERE
- The Regional Relief and Recovery Fund (RRRF) provides financial contributions (interest-free loans) to help support fixed operating costs of SMEs, where business revenues have been affected by the COVID-19 pandemic. In southern Ontario, $252.4 Million is available via:
- $213 million for SMEs facing financial pressure; and
- $39.4 million to provide rural businesses with access to capital and business support, delivered by southern Ontario’s Community Futures Development Corporations.
Added May 13, 2020
- The Regional Relief and Recovery Fund (RRRF) provides financial contributions (interest-free loans) to help support fixed operating costs of SMEs, where business revenues have been affected by the COVID-19 pandemic. In southern Ontario, $252.4 Million is available via:
- Support for Indigenous Businesses: CLICK HERE
- On April 18, the Federal Government announced $306.8 Million in funding to help small and medium-sized Indigenous businesses, and to support Aboriginal Financial Institutions that offer financing to these businesses. New Information Available
Updated May 21, 2020
- On April 18, the Federal Government announced $306.8 Million in funding to help small and medium-sized Indigenous businesses, and to support Aboriginal Financial Institutions that offer financing to these businesses. New Information Available
- Digital Technology Supercluster COVID-19 Program: CLICK HERE
- Digital Technology Supercluster will invest up to $60 million in projects that support the development, deployment, scale-up and adoption of products, services or technologies that help governments, communities, employers and individual Canadians address exceptional needs created by, and effects of, COVID-19.
Added April 23, 2020
- Digital Technology Supercluster will invest up to $60 million in projects that support the development, deployment, scale-up and adoption of products, services or technologies that help governments, communities, employers and individual Canadians address exceptional needs created by, and effects of, COVID-19.
- Federal Government announces support for farmers, food businesses, and food supply: CLICK HERE
- The Government of Canada announced funding to support farmers and businesses who provide Canadians with healthy food on Tuesday, May 5. The announcement includes $252 million to support farmers, food businesses, and food processors, as well as an additional $200 million in borrowing capacity for the sector.
Added May 5, 2020
- The Government of Canada announced funding to support farmers and businesses who provide Canadians with healthy food on Tuesday, May 5. The announcement includes $252 million to support farmers, food businesses, and food processors, as well as an additional $200 million in borrowing capacity for the sector.
- BDC’s Oil and Gas Sector Financing: CLICK HERE
- Business Development Bank of Canada will offer Canadian-based oil and gas producers, oilfield service companies, and midstream providers funds to be used for operational cash flow and business continuity purposes. A deployment strategy will be finalized in the coming weeks.
Added April 29, 2020
- Business Development Bank of Canada will offer Canadian-based oil and gas producers, oilfield service companies, and midstream providers funds to be used for operational cash flow and business continuity purposes. A deployment strategy will be finalized in the coming weeks.
- Large Employer Emergency Financing Facility (LEEFF): CLICK HERE
- The Federal government has announced a program to provide bridge financing to Canada’s largest employers whose needs during the pandemic are not being met through conventional financing. The LEEFF Program will be open to large for-profit businesses as well as certain not-for-profits. APPLICATIONS ARE NOW OPEN
Updated May 21, 2020
- The Federal government has announced a program to provide bridge financing to Canada’s largest employers whose needs during the pandemic are not being met through conventional financing. The LEEFF Program will be open to large for-profit businesses as well as certain not-for-profits. APPLICATIONS ARE NOW OPEN
- Work Share Program: CLICK HERE
- Work-Sharing (WS) is an adjustment program designed to help employers and employees avoid layoffs when there is a temporary reduction in the normal level of business activity that is beyond the control of the employer.
- Work-Sharing is a three-party agreement involving employers, employees and Service Canada. Employees on a Work-Sharing agreement must agree to a reduced schedule of work and to share the available work over a specified period of time.
Updated April 28, 2020
- How Your Business Can Help Fight The Coronavirus Pandemic: CLICK HERE.
- The Federal Government is in search of businesses with the capabilities to (1) Manufacture in Canada and/or have ready access to necessary inputs through your supply chain (2) Have equipment or facilities that can be rapidly re-tooled to meet medical needs, including for personal protective equipment (PPE) such as gloves, masks and surgical gowns; sanitizers; wipes; ventilators; and other medical equipment and supplies, and (3) Have skilled workers who are able to respond and who could be available for work in the current circumstances. If you are able to help fight the Coronavirus Pandemic, please visit the links above.
Updated April 27, 2020
- The Federal Government is in search of businesses with the capabilities to (1) Manufacture in Canada and/or have ready access to necessary inputs through your supply chain (2) Have equipment or facilities that can be rapidly re-tooled to meet medical needs, including for personal protective equipment (PPE) such as gloves, masks and surgical gowns; sanitizers; wipes; ventilators; and other medical equipment and supplies, and (3) Have skilled workers who are able to respond and who could be available for work in the current circumstances. If you are able to help fight the Coronavirus Pandemic, please visit the links above.
- Challenge Stream COVID-19: CLICK HERE
- Innovative Solutions Canada has dedicated funding to help combat current and future outbreaks of the novel coronavirus (COVID-19) and other similar threats. This program will help support the Government of Canada’s fight against COVID-19 by funding R&D and testing prototypes in real-life settings that can help protect Canadians.
Updated April 30, 2020
- Innovative Solutions Canada has dedicated funding to help combat current and future outbreaks of the novel coronavirus (COVID-19) and other similar threats. This program will help support the Government of Canada’s fight against COVID-19 by funding R&D and testing prototypes in real-life settings that can help protect Canadians.
- Mortgage Support: CLICK HERE
- Canadian banks have committed to work with their customers on a case-by-case basis to find solutions to help them manage hardships caused by COVID-19.This allows flexibility to be available − when needed − to those who need it the most.
Updated May 8, 2020
- Canadian banks have committed to work with their customers on a case-by-case basis to find solutions to help them manage hardships caused by COVID-19.This allows flexibility to be available − when needed − to those who need it the most.
- Export Development Canada: CLICK HERE
- To help you navigate these challenging times EDC has a suite of financial and insurance solutions. You can also register for a MyEDC account for unlimited access to expert insights and trade information.
Updated April 27, 2020
- To help you navigate these challenging times EDC has a suite of financial and insurance solutions. You can also register for a MyEDC account for unlimited access to expert insights and trade information.
- What Canada’s Regional Development Agencies are doing to help business during the COVID-19 Pandemic: CLICK HERE
- Canada’s Regional Development Agencies (RDAs) are the front line for economic development in Canada and help to address key economic challenges by providing regionally tailored programs, services, knowledge and expertise. RDAs are closely monitoring the COVID-19 global challenge and the potential impact it could have on your business and your workers, as well as the broader economy.
Updated March 25, 2020
- Canada’s Regional Development Agencies (RDAs) are the front line for economic development in Canada and help to address key economic challenges by providing regionally tailored programs, services, knowledge and expertise. RDAs are closely monitoring the COVID-19 global challenge and the potential impact it could have on your business and your workers, as well as the broader economy.
- Farm Credit Canada COVID-19 Support: CLICK HERE
- To ensure producers, agribusinesses and food processors can remain focused on business-critical functions, Farm Credit Canada has put customer support programs in place, including enhancement to its capital base that will allow for an additional $5 billion in lending capacity.
Updated April 29, 2020
- To ensure producers, agribusinesses and food processors can remain focused on business-critical functions, Farm Credit Canada has put customer support programs in place, including enhancement to its capital base that will allow for an additional $5 billion in lending capacity.
- Canada Chamber of Commerce: CLICK HERE
- The Canadian Chamber of Commerce has developed a microsite with robust tools and resources to assist with business resilience related to COVID-19. Additionally, they offer a Pandemic Preparedness Guide for Business and a database of government programs and resources for businesses.
Updated April 7, 2020
- The Canadian Chamber of Commerce has developed a microsite with robust tools and resources to assist with business resilience related to COVID-19. Additionally, they offer a Pandemic Preparedness Guide for Business and a database of government programs and resources for businesses.
QUICK LINKS
- Canadian Payroll Association COVID-19 Info Guide: CLICK HERE
Updated March 19, 2020 - National Research Council of Canada COVID-19 Response: CLICK HERE
Updated May 1, 2020
