The Government of Canada continues to provide support to small businesses

January 28, 2021

CEBA Extension 

CEBA hotline- an agent will call back tel:+1-888-324-4201

CEWS (Canada Emergency Wage Subsidy)

CEWS has been extended until June 2021. On October 14th, an announcement was made that periods ending Oct-Dec will now have a max base rate of 40% (instead of original decline method) and the max with top up will be 65% (business with a loss of 70% or over).
They will provide more details about changes for 2021 periods. Also removed the requirement of employees being paid for 14 days prior to qualifying. keep watch for update on this one

CERS- Commercial emergency rent subsidy

CECRA- original commercial rent subsidy (applied for by landlord)

Final period has to be applied for by no later than October 30th, 2020.

Relief for indigenous business owners

$40k loan, of which $30k is interest free and $10k non repayable. Apply through aboriginal financial institution

High Affected Sectors Credit Availability Program (HASCAP)

Helping hardest-hit businesses access additional financing on more flexible terms. Some businesses such as those in tourism and hospitality, have been more heavily impacted as a result of Covid-19 and are struggling more than others to access financing.  If you are a Canadian business that needs additional cash flow to cover operational costs, you may be eligible for the HASCAP guarantee through your financial institution. For more information, visit