Hon. Bill Blair
Member of Parliament for Scarborough Southwest
Support for Businesses, Non-Profits and Charities

Here are the federal initiatives currently in place to assist and support small businesses, non-profits and charities. If you have any questions please email [email protected]

Find COVID-19 support and other programs and services best suited for your business by taking a quick survey.

Visit: https://innovation.ised-isde.canada.ca/s/?language=en

Business Credit Availability Program

Minister Freeland  announced that the Business Credit Availability Program (BCAP) will be extended until June 2021. Through BCAP, the government is supporting the flow of additional credit that businesses need to maintain operations and keep employees on the payroll. This will improve access to the capital needed by businesses to pay workers’ salaries and cover expenses until Canada returns to normal borrowing circumstances.

Canada Emergency Commercial Rent Assistance (CECRA)

Applications are now open. This 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 hardships during the months of: April, May and June. The loans will be forgiven if the mortgaged property owner agrees to reduce the eligible small business tenants’ rent by at least 75% for the three corresponding months under a rent forgiveness agreement. This agreement will include a term not to evict the tenant while the agreement is in place. The small business tenant would cover the remained up to 25% of the rent. This support is also available to non-profits and charities.

For more information on CECRA click here.

CECRA Extension

Our government is extending the program by another month to cover April, May, June, July and August.

This program is helping thousands of small businesses across the country save on rent. We know that many business owners are struggling with cash flow right now. Through programs like the CECRA, CEBA, and CEWS, we will continue to ensure they have the support they need.

Canada Emergency Wage Subsidy (CEWS)

Applications are now open, and an extension to the program has been announced through August 2020! This subsidy will cover 75% of an employee’s wages for employers of all sizes and across all sectors that have suffered a 30% decrease in gross revenues (this includes non-profits and charities are also included).  Companies will have the option of using the months of January and February as reference periods to showcase their 30% loss. In addition, businesses will only need to show a 15% decline in revenue for March instead of 30% because most of us only felt the impact of COVID-19 halfway through the month. For this reason, businesses will have the choice to include or exclude government funding when calculating a loss in revenue.

For more information click here.

Visit the Canada Emergency Wage Subsidy Calculator.

Proposed changes to the Canada Emergency Wage Subsidy (CEWS) that would broaden the reach of the program and provide better targeted support so that more workers can return to their jobs quickly as the economy restarts.

For more information click here

Updates related to the Canada Emergency Wage Subsidy can be found here. 

National Research Council’s Industrial Research Assistance Program

Small and medium sized businesses unable to secure funding under the Canada Emergency Wage Subsidy and the Business Credit Availability Program can apply for financial assistance.

Canada Emergency Business Account (CEBA)

CEBA will provide interest-free loans of up to $40,000 to small businesses and not for profits, to help cover their operating costs during a period where their revenues have been temporarily reduced. To support even smaller businesses, eligibility requirements of CEBA allow businesses between $20,000 and $1.5 million in annual payroll to apply. This program is being implemented by banks and credit unions, if you would like to get more information speak to your financial representative.

For more information on CEBA click here.

Update on CEBA

Minister of Finance, Chrystia Freeland, announced the extension of the Canada Emergency Business Account (CEBA) from August 31 to October 31, 2020. Our government is working closely with financial institutions to make CEBA available to those with qualifying payroll or non-deferrable expenses that have so far been unable to apply due to not operating from a business banking account. Further details on these changes will be released in coming days.

For more information, please see the following news release

Emergency Community Response Fund

There is a $350 million support fund to assist charities and non-profits in their important work and get vulnerable Canadians the resources they need. The money will flow through 3 national organizations: the United Way, Community Foundations Canada and the Red Cross to ensure funds get to local organizations quickly. This support will assist in training volunteers, increasing home deliveries for seniors, and driving individuals with disabilities to appointments.

For more information click here.

Work Sharing Programs

Currently there are temporary special measures in place to support employers and employees affected by the downturn in businesses due to COVID-19. Work-Sharing agreements will be extended by an additional 38 weeks, waive the mandatory waiting periods between agreements, and was the recovery plan requirements.

For more information on Work Sharing Programs click here.

Regional Relief and Recovery Fund (RRRF)

The RRRF will be delivered through our six Regional Development Agencies and is open for applications from businesses and communities, specifically targeted towards businesses that need help but haven’t qualified for existing programs. Businesses are encouraged to consult the Application Guide and Frequently Asked Questions (FAQs) before applying, and can contact FedDev Ontario by phone at 1-866-593-5505.

National Research Council’s Industrial Research Assistance Program

Starting on April 22nd at 7:00am, small and medium-sized Canadian businesses unable to secure funding under the Canada Emergency Wage Subsidy and the Business Credit Availability Program can apply for financial assistance.

Canada Account

There will be new measures to provide flexibility on the Canada Account limit, to allow the Government to provide additional support to Canadian businesses, when deemed to be in the national interest, to deal with exceptional circumstances.

Insured Mortgage Purchase Program

We are launching an Insured Mortgage Purchase Program to purchase up to $50 billion of insured mortgage pools through the Canada Mortgage and Housing Corporation.

Business Resilience Hotline

This service will help entrepreneurs and small business owners in need of financial planning advice. This service will also be open to not-for-profit organizations and charities. This hotline is a national, bilingual service open from 8 am to 8 pm. You can call toll free 1-866-989-1080. The Business Reliance Service (BRS) concluded on Friday, July 3rd 2020.  

Main Office - Scarborough
2263 Kingston Road
Scarborough, Ontario
M1N 1T8

Telephone:
416-261-8613

Fax:
416-261-5268
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Office Hours
Mon: 10:00am - 4:00pm
Tue: 10:00am - 4:00pm
Wed: 10:00am - 4:00pm
Thu: 10:00am - 4:00pm
Fri: 10:00am - 1:00pm
Sat: Closed.
Sun: Closed.

Hill Office
House of Commons
Ottawa, Ontario
K1A 0A6

Telephone:
613-995-0284

Fax:
613-996-6309
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