The Canadian government has released various financial subsidy programs helping small businesses to get through Covid-19 pandemic and be ready to reopen when situation allows. Please refer to the following subsidy programs and find out whether your business qualify for any of them!
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Canada Emergency Wage Subsidy (CEWS)
As a Canadian employer whose business has been affected by COVID-19, you may be eligible for a subsidy of 75% of employee wages for up to 12 weeks, retroactive from March 15, 2020, to June 6, 2020.
Canada 10% Wage Subsidy
The 10% Temporary Wage Subsidy for Employers is a three-month measure that will allow eligible employers to reduce the amount of payroll deductions required to be remitted to the Canada Revenue Agency (CRA).
Find Out More About 10% Wage Subsidy
Canada Emergency Commercial Rent Assistance (CECRA)
CECRA for small businesses is helping commercial tenants with rent relief. It offers forgivable loans to eligible commercial property owners and landlords up to 50% of gross rent receivable for April, May and June 2020.
Canada Emergency Response Benefit (CERB) for Individuals
If you have stopped working because of COVID-19, the Canada Emergency Response Benefit (CERB) may provide you with temporary income support. The CERB provides $500 a week for up to 16 weeks.
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