Resources for Businesses

The Government of Canada has announced several measures for businesses that have been impacted by the COVID-19 outbreak. For more information about the programs below, click here.

Avoiding layoffs, rehiring employees and creating new jobs

  • Canada Emergency Wage Subsidy (CEWS)
  • Extending the Work-sharing program
  • Extension of lay-off periods

Taxes and tariffs

  • Waiving tariffs on certain medical goods

Financial support, loans and access to credit

  • Canada Emergency Business Account (CEBA) interest-free loans
  • Highly Affected Sectors Credit Availability Program (HASCAP)
  • Loan Guarantee for Small and Medium-Sized Enterprises
  • Co-lending Program for Small and Medium-Sized Enterprises
  • Regional Relief and Recovery Fund (RRRF)
  • Canada Emergency Rent Subsidy (CERS)
  • Mid-Market Financing Program
  • Mid-Market Guarantee and Financing Program
  • Large Employer Emergency Financing Facility (LEEFF)

Targeted Support

  • Young Entrepreneurs
  • Women Entrepreneurs

Support for self-employed individuals

  • Canada Recovery Benefit (CRB)
  • Canada Recovery Sickness Benefit (CRSB)
  • Canada Recovery Caregiving Benefit (CRCB)

Indigenous businesses

  • Relief measure for Indigenous businesses
  • Supporting business through the pandemic and into recovery

Indigenous peoples can also access all other benefits.

Supporting financial stability

  • Relief for federally regulated pension plan sponsors
  • Launching an Insured Mortgage Purchase Program
  • Bank of Canada’s actions