CEBA Application Update as of June 26, 2020

June 26, 2020

The Canada Emergency Business Account qualifications have been updated, as have banking online portals.

Here are the main changes.

  1. Program enrollment deadline extended to August 31
  2. Sole proprietorship’s are now eligible to enroll
  3. Businesses with annual payroll expenses under $20,000 now eligible to enroll. They are required to provide proof of annual non-deferrable expenses between $40,000- $1,500,000 to enroll in CEBA. These documents will be uploaded to a separate government portal


Government link

If you did not qualify before, there is a good chance you do now.

These applications are strictly done through your regular online banking. You will see a banner asking you to apply when you login.


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