COVID-19: Supports for Canadian Businesses

 
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COVID-19:
Supports for Canadian Businesses
As the COVID-19 outbreak unfolds, we know these are challenging times for you and your business.
BDC stands ready to support entrepreneurs like you through to a more stable period.
This compilation of federal and provincial government support measures for business focusses on:

1 Access to capital and other liquidity support measures
2 Measures to avoid or minimize the impact from layoffs
3 Provincial / Territorial Measures
4 Resources and Additional Information
BDC has also made available free tools and tips that can help you map out your next steps, identify new
opportunities, mitigate risk and create resilience in your company, so you can emerge strong in recovery.

This information is up to date as of April 19, 2020 and will be updated weekly. The programs and services
described in this document may change at any time and without notice. For the most up to date information on
these support measures, please regularly consult the referenced links as well as the additional web resources at
the end of this document.

BDC | COVID-19: Supports for Canadian Businesses                                                                   1
1     Access to Capital and Other Liquidity Support Measures

                                                                                                                                             Where to Apply /
        Program                                         Description                                        Who is Eligible
                                                                                                                                         Get Up to Date Information

                                                                                 Access to Capital

                                                                                                                                      Contact your primary financial institution to
                              Provides up to $25B to eligible financial institutions so they                                          apply. For more information:
                              can provide interest-free loans to small businesses of up
                                                                                                        Small businesses and          https://www.canada.ca/en/department-
                              to $40,000. These loans—guaranteed and funded by the
  Canada Emergency                                                                                      not-for profits with a        finance/news/2020/03/additional-
                              Government of Canada—will ensure that small businesses have
  Business Account            access to the capital they need to cover their operating costs,
                                                                                                        2019 payroll of between       support-for-canadian-businesses-from-
                                                                                                        $20,000 to $1.5 million.      the-economic-impact-of-covid-19.
                              at a 0% interest rate. If the loan is completely paid off by
                                                                                                                                      html#_New_Loan_Programs
                              Dec. 31, 2022, a quarter of the loan will be forgiven.
                                                                                                                                      https://ceba-cuec.ca/

                              BDC partners with financial institutions to co-lend term loans                                          Details are being finalized and will be
                              to businesses for their operational cash flow requirements.                                             available shortly from your primary financial
  BDC Co-Lending              Eligible businesses may obtain Differing maximum finance                  All legal small and           institution.
  Program                     amounts based on business revenues, up to $6.25 million, 80%              medium-sized enterprises
                              of which would be provided by BDC, with the remaining 20%                                               https://www.bdc.ca/en/pages/special-
                              provided by the financial institution.                                                                  support.aspx

                              EDC will provide a guarantee to financial institutions, giving
  EDC Business
                              businesses access to additional credit for payroll and operational
  Credit Availability                                                                                   All legal small and           https://www.edc.ca/en/campaign/
                              costs. EDC is actively working with partners to make this solution
  Program (BCAP)              available as quickly as possible. Available for all Canadian companies,
                                                                                                        medium-sized enterprises      coronavirus-covid-19.html
  Guarantee                   including non-exporting businesses that sell domestically..

                              Working capital loans of up to $2M with flexible repayment                                              https://www.bdc.ca/en/financing/
  BDC Working                 terms such as principal postponements for qualifying
                                                                                                        Businesses of varying
                                                                                                                                      business-loans/working-capital-financing/
  Capital Loan                                                                                          sizes
                              businesses and reduced rates on new eligible loans.                                                     pages/working-capital-loan.aspx

                              BDC will be providing viable Canadian-based oil and gas
                                                                                                        Viable Canadian-based oil
                              producers, oilfield service companies and midstream providers
  BDC Oil and Gas                                                                                       and gas producers, oilfield   Sign up to receive more information at
                              with loans of between $15 million and $60 million at commercial
  Sector Financing                                                                                      service companies and         http://www.bdc.ca/coronavirus
                              rates, repayable within 4 years, for operational cashflow and
                                                                                                        midstream providers
                              business continuity purposes.

BDC | COVID-19: Supports for Canadian Businesses                                                                                                                                      2
1     Access to Capital and Other Liquidity Support Measures (cont.)
                                                                                                                                   Where to Apply /
        Program                                      Description                                   Who is Eligible
                                                                                                                               Get Up to Date Information
                              Additional $5 billion in lending capacity, offering increased
                              flexibility to farmers and food producers who face cash flow
  Farm Credit
                              issues and to processors who are impacted by lost sales. Farm
  Canada Increased
                              Credit Canada has also put in place a deferral of principal and   Food producers,
  Credit Available                                                                                                           https://www.fcc-fac.ca/en/covid-19/
                              interest payments up to 6 months or a deferral of principal       agribusinesses, and food
  for Agriculture,            payments up to 12 months for existing loans as well as access     processors
                                                                                                                             program-details.html
  Fisheries and               to an additional credit line of up to $500,000, secured by
  Aquaculture                 general security agreements or universal movable hypothec
                              (Québec only)

                              EDC will increase its financial capacity over 12 months to
  EDC: Increasing
                              support Canada’s oil and gas sector. This business support
  financial capacity
                              will be provided through EDC’s lending, bonding and accounts      Firms in Canada’s oil and    https://www.edc.ca/en/about-us/
  to support
                              receivable insurance products. For those wishing to access        gas sector                   newsroom/covid-19-oil-gas-support.html
  Canadian oil and
                              support, they are encouraged to reach out to their financial
  gas companies
                              institution.

                              The Government of Canada is providing $287 million to the                                      Contact your local Community Futures
  Community Futures                                                                             Rural businesses and
                              Community Futures Program to support rural businesses and                                      Development Corporation: https://
  Program                                                                                       communities
                              communities, including through access to capital.                                              communityfuturescanada.ca/

                              The Government of Canada is providing $306.8 million to                                        https://pm.gc.ca/en/news/news-
  Support for                 Aboriginal Financial Institutions to provide interest-free                                     releases/2020/04/18/prime-minister-
                                                                                                Indigenous-owned             announces-support-indigenous-
  Indigenous                  loans and non-repayable contributions to help small and
                                                                                                businesses
  Businesses                  medium-sized Indigenous businesses unable to access the                                        businesses
                              government’s existing COVID-19 support measures                                                https://nacca.ca/covid-19/

                                                                                                                             https://www.canada.ca/en/department-
                              The Government of Canada is injecting $20.1 million through
  Futurpreneur                                                                                                               finance/news/2020/04/canadas-covid-
                              Futurpreneur Canada to support ongoing lending to young           Entrepreneurs aged 18-39
  Canada                                                                                                                     19-economic-response-plan-new-support-
                              entrepreneurs.
                                                                                                                             to-protect-canadian-jobs.html

                              The Government of Canada is providing $675 million to                                          https://www.canada.ca/en/department-
  Regional                                                                                      Businesses unable to
                              Regional Development Agencies to provide equivalent                                            finance/news/2020/04/canadas-covid-
  Development                                                                                   access the government’s
                              bridge financing support to businesses unable to access the                                    19-economic-response-plan-new-support-
  Agencies                                                                                      other support measures.
                              government’s broader support measures.                                                         to-protect-canadian-jobs.html

                                                                                                                             https://www.canada.ca/en/department-
  Industrial Research         The government is investing $250 million through the Industrial   Firms that are pre-revenue
                                                                                                                             finance/news/2020/04/canadas-covid-
  Assistance                  Research Assistance Program to support firms that do not yet      or in the early stages of
                                                                                                                             19-economic-response-plan-new-support-
  Program                     have revenue or are in the early stages of development.           development.
                                                                                                                             to-protect-canadian-jobs.html

BDC | COVID-19: Supports for Canadian Businesses                                                                                                                      3
1     Access to Capital and Other Liquidity Support Measures (cont.)

                                                                                                                              Where to Apply /
        Program                                       Description                                    Who is Eligible
                                                                                                                          Get Up to Date Information
                                                                 Other Liquidity Support Measures

                              The Government of Canada has announced its intent to
                              introduce the Canada Emergency Commercial Rent Assistance                                 https://pm.gc.ca/en/news/news-
  Canada Emergency                                                                                Commercial property
                              (CECRA) for small businesses. The program will seek to                                    releases/2020/04/16/prime-minister-
  Commercial Rent                                                                                 owners and small
                              provide loans, including forgivable loans, to commercial                                  announces-additional-support-small-
  Assistance                                                                                      businesses
                              property owners who in turn will lower or forgo the rent of small                         businesses
                              businesses for the months of April (retroactive), May, and June.

                              The Canada Revenue Agency has deferred all payment of any
                              income tax amounts owing on or after Mar. 18 and before Sept.                             https://www.canada.ca/en/revenue-
  Income Tax
                              2020 until after Aug. 31, 2020. No interest or penalties will       All businesses        agency/campaigns/covid-19-update/
  Deferrals
                              accumulate on these amounts during this period. The filing date                           covid-19-filing-payment-dates.html
                              for the 2019 tax year has also been extended until June 1, 2020.

  HST/GST                     The Canada Revenue Agency and Canada Border Services
                                                                                                                        https://www.canada.ca/en/revenue-
  Remittances and             Agency are permitting businesses to defer all HST/GST
                                                                                                  All businesses        agency/campaigns/covid-19-update/
  Customs Duty                remittances as well as customs duty owing on their imports
                                                                                                                        covid-19-filing-payment-dates.html
  Deferrals                   until June 30, 2020.

BDC | COVID-19: Supports for Canadian Businesses                                                                                                              4
2     Avoiding or Minimizing the Impact from Layoffs
                                                                                                                                  Where to Apply /
        Program                                       Description                                    Who is Eligible
                                                                                                                              Get Up to Date Information
                                                                                                  Businesses that have
                                                                                                  experienced a reduction
                                                                                                  in revenue of 15% in the
                              Qualifying businesses can receive up to 75% in a wage               month of March and 30%
                              subsidy, for up to three months, retroactive to March 15, 2020.     in the months of April
                              The subsidy will provide up to $847 per week per employee. As       and May as the result of
                              well, employers eligible for the CEWS will be entitled to receive   the COVID-19 pandemic.      https://www.canada.ca/en/
  Canada Emergency
                              a 100-per-cent refund for certain employer-paid contributions       The revenue reduction       department-finance/economic-
  Wage Subsidy
                              to Employment Insurance, the Canada Pension Plan, the               test can be applied to      response-plan/wage-subsidy.html
                              Quebec Pension Plan, and the Quebec Parental Insurance              year-over-year monthly
                              Plan for remuneration paid to furloughed employees in a             revenue in 2019, or the
                              period where the employer is eligible for the CEWS.                 average of revenue for
                                                                                                  January and February
                                                                                                  2020. Cash or accrual
                                                                                                  accounting may be used.

                              Small businesses that do not qualify for the Canada
                              Emergency Wage Subsidy may be eligible for the 10%                                              https://www.canada.ca/en/revenue-
  10% Temporary               Temporary Wage Subsidy, which covers employee wages up              All legal small and         agency/campaigns/covid-19-update/
  Wage Subsidy                to a maximum of $1,375 per employee and up to $25,000 per           medium-sized enterprises    frequently-asked-questions-wage-
                              employer. Employers can claim this subsidy immediately by                                       subsidy-small-businesses.html
                              withholding a portion of payroll tax remittances.

                              The program provides Employment Insurance (EI) benefits
                              to top off the wages (based on an EI formula) to eligible
                              employees who agree to reduce their normal working hours
                              and share the available work while their employer recovers.         Year-round businesses
                                                                                                                              https://www.canada.ca/en/
  Work-Sharing                As part of the Government of Canada’s COVID-19 response,            that have been in
                                                                                                                              employment-social-development/
  Program                     the maximum length of a work-sharking agreement has been            business in Canada for at
                                                                                                                              services/work-sharing.html
                              doubled from 38 to 76 weeks and processing time has been            least one year.
                              reduced from 30 days to 10 days. Employees on a Work-
                              Sharing agreement must agree to a reduced schedule of work
                              and to share the available work over a specified period of time.

BDC | COVID-19: Supports for Canadian Businesses                                                                                                                  5
2     Avoiding or Minimizing the Impact from Layoffs (cont.)
                                                                                                                                 Where to Apply /
        Program                                       Description                                   Who is Eligible
                                                                                                                             Get Up to Date Information
                                                                                                 Individuals residing in
                                                                                                 Canada who have lost
                                                                                                 employment income as
                                                                                                 the result of COVID-19
                              Provides $2,000 a month for up to four months for individuals      or who are eligible for
  Canada Emergency                                                                                                           https://www.canada.ca/en/services/
                              who have lost all of their income as the result of COVID-19.       EI regular or sickness
  Response Benefit                                                                                                           benefits/ei/cerb-application.html
                              Employees who are furloughed can also receive the Benefit.         benefits and who had
                                                                                                 income of at least $5,000
                                                                                                 in 2019 or in the 12
                                                                                                 months prior to the date
                                                                                                 of their application.

                              The Government of Canada is extending the Canada
                              Summer Jobs wage subsidy to 100% of the provincial or                                          https://www.canada.ca/en/
                                                                                                 Businesses participating
  Canada Summer               territorial minimum wage for 2020, extending the end date of                                   employment-social-development/
                                                                                                 in Canada Summer Jobs
  Jobs                        employment to February 28, 2021, allowing employers to adapt       2020
                                                                                                                             services/funding/canada-summer-
                              their projects and job activities to support essential services,                               jobs/temporary-flexibility.html
                              and allowing employers to hire staff on a part-time basis.

BDC | COVID-19: Supports for Canadian Businesses                                                                                                                  6
3     Provincial / Territorial Measures
                                                                                                                            Where to Apply /
  Province            Program                                Description                              Who is Eligible
                                                                                                                        Get Up to Date Information
                                          Corporate income tax balances and instalment
                                          payments coming due between March 18, 2020
                                          and Aug. 31, 2020 are deferred until Aug. 31, 2020.
                   Deferrals: Tax
                                          Additionally, Workers Compensation Board premiums                             https://www.alberta.ca/corporate-
                   and Other                                                                        All businesses
                                          have been deferred until early 2021, education                                income-tax.aspx
                   Payments
                                          property taxes have been deferred by 6 months,
  Alberta                                 and small businesses can defer their electricity and
                                          natural gas payments by 90 days.

                   Resources:             Free advice, coaching and information on COVID-19
                                                                                                    Small businesses    https://businesslink.ca/
                   Business Link          resources and supports.

                                          Extending the filing and payment deadlines for the                            https://www2.gov.bc.ca/assets/
                                          Employer Health Tax. sales taxes, municipal and                               gov/taxes/sales-taxes/publications/
                                          regional district tax, motor fuel tax and carbon tax                          notice-2020-002-covid-19-sales-
                                          until September 30, 2020. Additionally, the school                            tax-changes.pdf
                                          property tax rate for commercial properties has been
                   Deferrals and                                                                                        https://www.worksafebc.com/
                                          reduced for commercial properties to achieve an
                   Relief: Tax,                                                                                         en/about-us/news-events/
                                          average 25% reduction in the total property tax bill      All businesses
                   premiums and                                                                                         announcements/2020/March/covid-
                                          for most businesses and the provincial Carbon Tax
                   payments                                                                                             19-situation-your-reporting-payment-
                                          and sweetened carbonated drinks tax will remain at
                                                                                                                        deadline
  British                                 current levels until further notice. WorkSafeBC is also
  Columbia                                postponing reporting and payment deadlines and                                https://www.bchydro.com/news/
                                          BC Hydro is providing customers the option to defer                           conservation/2020/covid-19-
                                          payments with no penalty for up to three months.                              updates.html

                   Resources:             Support services operated by Small Business BC
                   Business               to offer information to support businesses during
                                          COVID-19. This will serve as the single point of                              https://covid.smallbusinessbc.ca/hc/
                   COVID-19               contact for businesses throughout the province
                                                                                                    All businesses
                                                                                                                        en-us
                   Support                looking for more information on resources available
                   Service Online         during the COVID-19 pandemic.

                                          Extending the April and May tax filing deadlines until
                                          June 22, 2020 for small and medium businesses with
                                          monthly RST remittances of no more than $10,000.                              https://www.gov.mb.ca/finance/
                   Deferrals: Tax,                                                                  Small and medium
  Manitoba                                No interest or penalties will be charged for Manitoba                         taxation/pubs/bulletins/
                   interest                                                                         businesses
                                          Hydro, Centra Gas, Workers Compensation Board,                                noticerst2003.pdf
                                          Manitoba Public Insurance, Manitoba Liquor and
                                          Lotteries receivables, or education property taxes.

BDC | COVID-19: Supports for Canadian Businesses                                                                                                               7
3     Provincial / Territorial Measures (cont.)
                                                                                                                                    Where to Apply /
  Province            Program                                Description                              Who is Eligible
                                                                                                                                Get Up to Date Information
                                          Working capital loans of up to $100,000 to small
                   Access to              businesses impacted by the COVID-19 pandemic,             Small businesses
                   Capital: New           at an interest rate of 4% with six months of deferred     employing 1 to 49
                   Brunswick              interest payments and 12 months of deferred principal     employees with sales        https://www.cbdc.ca/en/gnb-small-
                   Small Business         payments. Loans are funded by the Government of           of less than $10 million    business-emergency-working-capital-
                   Emergency              New Brunswick and administered by the Community           and that were financially   program
                   Working Capital        Business Development Corporation. Applicants must         viable prior to the
                   Program                have explored options with their primary financial        COVID-19 crisis.
                                          institution and federal support programs.

                   Access to Capital:     Opportunities New Brunswick will provide working
                                                                                                    Privately-held
                   Opportunities          capital loans of $100,000 to $1 million, at an interest
  New                                                                                               businesses in business
                                          rate of 4% with six months of deferred interest
  Brunswick        New Brunswick                                                                    for at least 24 months      https://onbcanada.ca/covid19-
                                          payments and 12 months of deferred principal
                   COVID-19               payments. Max term 5 years. Applicants must
                                                                                                    and that were financially   working-capital-loans-new-brunswick/
                   Working Capital                                                                  viable prior to the
                                          have explored options with their primary financial
                   Loans                                                                            COVID-19 crisis.
                                          institution and federal support programs.

                                          While the deadline for paying business property                                       https://www2.gnb.ca/content/gnb/
                                          taxes remains May 31, late penalties will be reviewed                                 en/gateways/for_business/covid19.
                                          and potentially waived on a case by case basis.                                       html
                   Deferrals: Tax,
                                          Principal and interest payments on loans from the                                     https://www.worksafenb.ca/about-us/
                   Loan Payment           Government of New Brunswick may also be deferred
                                                                                                    All businesses
                   and Premiums                                                                                                 news-and-events/news/2020/as-we-
                                          on a case-by-case basis. WorkSafeNB premium                                           face-the-global-pandemic-of-covid-
                                          payments for February, March and April will be                                        19-worksafenb-defers-premium-
                                          deferred for three months without charge.                                             payments-for-three-months-with-qa/

                                          Deferring tax returns until June 23, 2020 for
  Newfound-                               the Gasoline Tax, Carbon Tax, Health and Post-
                                                                                                                                https://www.gov.nl.ca/
  land and         Deferrals: Tax         Secondary Education Tax, Insurance Companies              All businesses
                                                                                                                                releases/2020/fin/0407n05/
  Labrador                                Tax, Mining and Mineral Rights Tax, Tax on Insurance
                                          Premiums, Tobacco Tax

                   Access to
                   capital: NWT           Loans of up to $25,000 (or more if the need is
                   Business               clearly addressed) are being made available to
                                          qualified NWT-owned businesses at a rate of 1.75%.
                   Development
                                          Loans will be amortized for up to five years with         All businesses              https://www.bdic.ca/
                   Investment             options for payment deferment for 3 months upon
  Northwest        Corporation            request. Principal postponement on existing loans
  Territories      (BDIC) COVID-19        for up to three months.
                   Economic Relief

                                          The Government of the Northwest Territories is
                                                                                                                                https://www.gov.nt.ca/sites/flagship/
                   Deferrals: Tax         waiving interest charges on all late tax returns          All businesses
                                                                                                                                files/documents/backgrounder.pdf
                                          between March 15 and June 30, 2020.

BDC | COVID-19: Supports for Canadian Businesses                                                                                                                        8
3     Provincial / Territorial Measures (cont.)
                                                                                                                                   Where to Apply /
  Province            Program                                 Description                                Who is Eligible
                                                                                                                               Get Up to Date Information
                   Relief: Small          Eligible small businesses will receive a grant of 15%
                                                                                                                               https://novascotia.ca/coronavirus/
                   Business               of their revenue from sales, either from April 2019 or       Small Businesses
                                                                                                                               support/#support-for-business
                   Impact Grant           February 2020, up to a maximum of $5,000.

                                          Enhancing the Small Business Loan Guarantee
                                          Program, delivered through Nova Scotia Credit                                        http://www.novascotia.coop/
                   Access to
                                          Unions, to make it easier for businesses to access                                   programs/small-business-loan-
                   Capital: Small
                                          credit up to $500,000. For those who do not                                          guarantee-program/
  Nova             Business Loan                                                                       Small Businesses
                                          qualify for a loan, the Government of Nova Scotia will
  Scotia           Guarantee                                                                                                   https://novascotia.ca/news/
                                          guarantee the first $100,000. Principle and interest
                   Program                                                                                                     release/?id=20200320003
                                          payments under the Small Business Loan Guarantee
                                          Program will also be deferred until June 30.

                                          The Government of Nova Scotia will defer payments
                   Deferrals:             until June 30 for all government loans, as well as                                   https://novascotia.ca/
                                                                                                       Small Businesses
                   Loans and Fees         workers compensation premiums and licence, permit,                                   coronavirus/#support
                                          registration, renewal and service fees

                                                                                                       All self-employed
                   Relief: Small                                                                                               https://gov.nu.ca/economic-
                                                                                                       Nunavut residents and
                   Business               Small businesses can apply for up to $5,000 in the                                   development-and-transportation/
  Nunavut                                                                                              businesses majority-
                   Support                form of a non-repayable contribution.                                                news/covid-19-department-
                                                                                                       owned by Nunavut
                   Program                                                                                                     economic-development-and
                                                                                                       residents

                                                                                                                               https://news.ontario.ca/opo/
                                          Ontario is setting the electricity prices for residential,                           en/2020/03/ontario-providing-
                   Relief:                farm and small business time-of-use customers at the                                 electricity-relief-to-families-small-
                   Electricity            lowest rate, 24 hours a day for 45 days. The province is                             businesses-and-farms-during-
                   and Employer           also providing a temporary increase to the Employer          All businesses          covid-19.html
                   Health Tax             Health Tax (EHT) exemption from $490,000 to $1
                   Exemption              million for 2020. With this plan, more than 90% of                                   https://budget.ontario.ca/2020/
                                          private-sector employers would not pay EHT in 2020.                                  marchupdate/action-plan.
                                                                                                                               html#section-3
  Ontario
                                          From April 1 to August 31, the Province will not apply
                                          any penalty or interest on any late-filed returns or                                 https://budget.ontario.ca/2020/
                                          incomplete or late tax payments under the majority of                                marchupdate/relief-measures.html
                   Deferrals: Tax         provincially administered taxes.                             All businesses          https://news.ontario.ca/mol/
                   and Premiums
                                          Additionally, all employers covered by the Workplace                                 en/2020/03/ontario-enabling-
                                          Safety and Insurance Board will be able to defer                                     financial-relief-for-businesses-1.html
                                          premium payments for six months.

BDC | COVID-19: Supports for Canadian Businesses                                                                                                                        9
3     Provincial / Territorial Measures (cont.)
                                                                                                                                  Where to Apply /
  Province            Program                               Description                             Who is Eligible
                                                                                                                              Get Up to Date Information
                  Access to Capital:
                                          Small business loan of up to $100,000 at a fixed                                    https://www.princeedwardisland.ca/
                  Emergency                                                                       All businesses, except
                                          interest rate of 4%, with a 12-month deferral of                                    en/service/emergency-working-
                  Working Capital                                                                 start-ups
                                          principal and interest payments.                                                    capital-financing
                  Financing

                  Relief: COVID-19
                                          Grant of up to $2,500 covering the costs of                                         https://www.princeedwardisland.
  Prince          Business
                                          professional business advice for addressing a           All businesses              ca/en/service/covid-19-business-
  Edward          Adaptation
                                          COVID-19 related business challenge.                                                adaptation-advice-program
  Island          Advice Program

                  Relief:
                                          Self-employed individuals who have lost income as
                  Emergency                                                                                                   https://www.princeedwardisland.
                                          the result of COVID-19 can receive $500 per week        Self-employed
                  Income Relief                                                                                               ca/en/service/emergency-income-
                                          retroactively for the period of March 16 to March 29,   individuals
                  for the Self-                                                                                               relief-self-employed
                                          2020
                  Employed

                                          Essential workers making gross wages of $550 or                                     https://www.revenuquebec.ca/en/
                   Relief: Incentive
                                          less per week can apply to receive a taxable benefit                                online-services/online-services/
                   Program to
                                          of $400 per month to make up the difference             Essential workers           online-services/apply-for-the-
                   Retain Essential
                                          between the Canada Emergency Response Benefit                                       incentive-program-to-retain-
                   Workers
                                          and their wages.                                                                    essential-workers/

                  Access to Capital:
                                                                                                  All businesses that can
                  Aide d’urgence          Provides loans or guarantees of up to $50,000,                                      https://www.quebec.ca/entreprises-
                                                                                                  demonstrate the impact
                  aux petites et          administered through Regional County Municipalities                                 et-travailleurs-autonomes/aide-
                                                                                                  of COVID-19 on their
                  moyennes entre-         or Local Investment Funds                                                           urgence-pme-covid-19/
                                                                                                  operations
                  prises (COVID-19)
  Quebec
                  Access to Capital:
                  Investissement                                                                                              https://www.investquebec.com/
                  Québec Concerted        Loan guarantees or working capital loans of at least    All businesses, with some   quebec/en/financial-products/all-
                  temporary action        $50,000                                                 exclusions                  our-solutions/Concerted-temporary-
                  program for                                                                                                 action-program-for-businesses.html
                  businesses

                                                                                                                              https://www.revenuquebec.ca/
                                          Businesses can defer payment on any tax balance                                     en/coronavirus-disease-covid-19/
                   Deferrals: Tax                                                                 All businesses
                                          owing to Revenu Quebec until September 1.                                           relief-measures-for-individuals-and-
                                                                                                                              businesses/

BDC | COVID-19: Supports for Canadian Businesses                                                                                                                     10
3     Provincial / Territorial Measures (cont.)
                                                                                                                                 Where to Apply /
  Province            Program                               Description                             Who is Eligible
                                                                                                                             Get Up to Date Information
                                                                                                                             https://www.saskatchewan.
                                                                                                  Businesses with less       ca/government/health-care-
                   Relief:                One-time grant for small and medium-sized               than 500 employees         administration-and-provider-resources/
                   Saskatchewan           businesses directly affected by government public       that have been ordered     treatment-procedures-and-guidelines/
                   Small Business         health orders. Grants will be based on 15% of a         to temporarily close       emerging-public-health-issues/2019-
                   Emergency              business’ monthly sales revenue in either April 2019    or curtail operations      novel-coronavirus/covid-19-information-
                   Payment                or February 2020, to a maximum of $5,000.               through a COVID-19         for-businesses-and-workers/
                                                                                                  public health order.       saskatchewan-small-business-
                                                                                                                             emergency-payment-program

Saskatchewan                              Saskatchewan businesses which are unable to remit
                                          their PST due to cashflow concerns will have three-
                                                                                                                             https://www.saskatchewan.
                                          month relief from penalty and interest charges. All
                                                                                                                             ca/government/health-care-
                                          Crown utilities will implement bill-deferral programs
                                                                                                                             administration-and-provider-resources/
                   Deferrals: Tax,        allowing a zero-interest bill deferral for up to six
                                                                                                                             treatment-procedures-and-guidelines/
                   payments and           months for Saskatchewan customers whose ability         All businesses
                                                                                                                             emerging-public-health-issues/2019-
                   premiums               to make bill payments may be impacted by the
                                                                                                                             novel-coronavirus/covid-19-
                                          COVID-19 restrictions. The Saskatchewan Workers
                                                                                                                             information-for-businesses-and-
                                          Compensation Board is also waiving premium
                                                                                                                             workers/support-for-businesses
                                          penalties for employers from April 1 until June 30,
                                          2020.

                                          The Government of Yukon is establishing a criteria-
                                          based grant program that would address certain
                   Relief: Event                                                                                             https://yukon.ca/en/news/premier-
                                          expenses related to event cancellations due to          Businesses that have had
                   Cancellation                                                                                              silver-announces-stimulus-package-
                                          COVID-19. Criteria to be established will focus on      to cancel events
                   Grant                                                                                                     support-businesses-and-workers
                                          losses related to perishable goods and cancellation
                                          of accommodation and services.

  Yukon                                   The Government of Yukon will waive, reimburse or
                                          delay government fee collection, such as airport
                                          landing fees.                                                                      https://yukon.ca/en/news/premier-
                   Deferrals: Fees
                                          Additionally, Workers’ Compensation Health and          All businesses             silver-announces-stimulus-package-
                   and Premiums
                                          Safety premium payments will be deferred, and                                      support-businesses-and-workers
                                          penalties and interest will be waived. Any payments
                                          made up front will be reimbursed.

BDC | COVID-19: Supports for Canadian Businesses                                                                                                                       11
Resources and Additional Information
Information contained within these websites is subject to change without notice. For the most up to date information, check these links regularly.

                                                                                   https://www.canada.ca/en/public-health/services/diseases/2019-novel-
                              Government of Canada COVID-19 Portal                 coronavirus-infection.html?topic=tilelink

                              Government of Canada Economic Response Plan          https://www.canada.ca/en/department-finance/economic-response-plan.html

  National                    Canadian Chamber of Commerce – Canadian
                                                                                   https://www.canadianbusinessresiliencenetwork.ca/
                              Business Resiliency Network

                              Wellness Together Canada: Mental Health and
                                                                                   https://ca.portal.gs/
                              Substance Use Support

                              Alberta                                              https://www.alberta.ca/covid-19-support-for-employers.aspx

                                                                                   https://www2.gov.bc.ca/gov/content/safety/emergency-preparedness-
                              British Columbia                                     response-recovery/covid-19-provincial-support

                              Manitoba                                             https://manitoba.ca/covid19/business/index.html

                              New Brunswick                                        https://www2.gnb.ca/content/gnb/en/gateways/for_business/covid19.html

                              Newfoundland and Labrador                            https://www.gov.nl.ca/covid-19/resources-2/

                                                                                   https://www.iti.gov.nt.ca/en/covid-19-information-businesses-tourists-and-
                              Northwest Territories                                program-applicants

  Provincial /                Nova Scotia                                          https://novascotia.ca/coronavirus/#support

  Territorial
                              Nunavut                                              https://gov.nu.ca/health/information/covid-19-novel-coronavirus

                              Ontario                                              https://www.ontario.ca/page/covid-19-support-businesses

                              Prince Edward Island                                 https://www.princeedwardisland.ca/en/topic/for-business

                              Quebec                                               https://www.quebec.ca/en/health/health-issues/a-z/2019-coronavirus/

                                                                                   https://www.saskatchewan.ca/government/health-care-administration-
                                                                                   and-provider-resources/treatment-procedures-and-guidelines/emerging-
                              Saskatchewan                                         public-health-issues/2019-novel-coronavirus/covid-19-information-for-
                                                                                   businesses-and-workers/support-for-businesses

                                                                                   https://yukon.ca/en/your-government/find-out-what-government-doing/
                              Yukon                                                support-yukon-businesses

BDC | COVID-19: Supports for Canadian Businesses                                                                                                                12
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