NEWS & UPDATES:
Support for businesses:
Highly Affected Sectors Credit Availability Program (HASCAP)
Businesses heavily impacted by COVID-19 can access guaranteed, low-interest loans of $25,000 to $1 million to cover operational cash flow needs.
Canada Emergency Rent Subsidy (CERS)
Canadian businesses, non-profit organizations, or charities who have seen a drop in revenue during 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 October 23, 2021.
Canada Emergency Wage Subsidy (CEWS)
As a Canadian employer who has seen a drop in revenue during the COVID-19 pandemic, you may be eligible for a subsidy to cover part of your employee wages. This subsidy will enable you to re-hire workers, help prevent further job losses, and ease your business back into normal operations.
Business Credit Availability Program (BCAP)
Up to $6.25 million to help cover operating costs during a period where revenues have been temporarily reduced due to the COVID-19 pandemic.
Large Employer Emergency Financing Facility (LEEFF)
Open Bridge financing for Canada's largest employers facing financial challenges
Managing your business during COVID-19
Resources for businesses, their employees and self‑employed individuals including financial support, loans and access to credit
City of Toronto
COVID-19: Financial Relief & Support Programs for Businesses
This page provides links to financial resources and relief measures to help businesses respond to the economic impact of COVID-19. Find COVID-19 sector-specific guidelines for businesses and COVID-19 guidance for employers, workplaces and businesses.
WORKPLACE SAFETY AND INSURANCE BOARD (WSIB):
September 16, 2021: Ontario COVID-19 Worker Income Protection Benefit Extended To December 31, 2021
SUPPORT FOR WORKERS:
CHANGES TO EMPLOYMENT STANDARDS ACT (ESA) RULES:
Ontario COVID-19 Worker Income Protection Benefit extended to December 31, 2021
On April 29, 2021, the Ontario COVID-19 Worker Income Benefit came into effect and the Employment Standards Act, 2000 (ESA) was amended. Employers are now required to provide eligible employees with up to three days of paid infectious disease emergency leave because of certain reasons related to COVID-19. Eligible employers must make their application for reimbursement to the Workplace Safety and Insurance Board within 120 days of the date the employer paid the employee. Paid infectious disease emergency leave was originally set to end September 25, 2021. It will now continue until December 31, 2021.
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