BUSINESS RESOURCES & UPDATES
Support for businesses:
- CERS (Canada Emergency Rent Subsidy)
Open Rent and mortgage support for qualifying organizations affected by COVID‑19
- CEBA (Canada Emergency Business Account)
Open Interest-free loans for small businesses and not-for-profits
- Canada United Small Business Relief Fund
Open A $5,000 grant to purchase personal protective equipment (PPE), renovate, develop a website or enhance E-commerce capability
- CEWS (Canada Emergency Wage Subsidy)
Open Help for businesses to keep or rehire employees
- BCAP (Business Credit Availability Program)
Open Credit to help cover operating costs due to COVID‑19
- RRRF (Regional Relief and Recovery Funds)
Open Help for businesses unable to access other support measures. Apply through your Regional Development Agency
- BEP (Black Entrepreneurship Program)
Open The National Ecosystem Fund and the Black Entrepreneurship Knowledge Hub have issued a call for concepts
- Support for Indigenous businesses
Open Short-term, interest-free loans and non-repayable contributions
- Large Employer Emergency Financing Facility
Open Bridge financing for Canada's largest employers facing financial challenges
January 15, 2021: Applications Now Open for Ontario's Small Business Support Grant
For small businesses not in operation in April 2019 or April 2020, eligibility criteria will be announced in January 2021.
November 20, 2020: Additional Supports Available for Businesses Affected by COVID-19 Public Health Measures - Province Doubling Financial Support for Businesses Affected by Additional Restrictions
Businesses can apply online for temporary property tax and energy cost rebate grants from the province, via an easy-to-use one-window portal. The rebates will cover the length of time that a business is required to temporarily close or significantly restrict services as a result of being located in an area categorized as Red-Control or Lockdown, or previously categorized as modified Stage 2 public health restrictions. Most businesses can expect to receive their rebate payments within a few weeks of submitting a complete application.
A detailed list of eligible businesses, as well as instructions for applying, can be found at Ontario.ca/covidsupport.
Businesses: Get help with COVID-19 Costs (PPE Support, Property Tax and Energy Bill Rebates, Ontario Small Business Support Grant)
Request for Input for the Province of Ontario
COVID-19: Tackling the Barriers: Learn how to request a temporary rule or regulation change from the government to help your business respond to COVID-19 (coronavirus) or to submit a request.
Send the GTHA your ideas that you would like the Provincial Government to consider via email to Bonnie Medensky at email@example.com
Please refer to News & Business Support for municipalities in the Greater Toronto Area here: https://www.gtha.com/Covid-19/MunicipalGovernment