Photo: Bill Walker
Bill Walker MPP Bruce-Grey-Owen Sound
COVID

Bill Walker MPP

COVID - Business


Ontario Tourism and Travel Small Business Support Grant

What You’ll Receive:
  • One‐time payment of $10,000 to $20,000
To be eligible for this grant, your business:
  • did not receive the Ontario Small Business Support Grant
  • operates a tourism or travel business in Ontario that:
    • opened before 2021, and
    • was still in operation on April 30, 2021.
  • had 99 or fewer employees on April 30, 2021.
  • has experienced a revenue decline of at least 20% if you began operating or acquired the business before July 2, 2019
    • Businesses that began operating or were acquired on or after July 2, 2019 and before January 1, 2021, will receive the $10,000 minimum grant if they meet all the eligibility criteria.
    • Businesses that began operating or were acquired in 2021 are not eligible for the grant.

Learn More: Ontario Tourism and Travel Small Business Support Grant

Apply: Government of Ontario

Applications for this grant will close on Friday, June 25, 2021 at 11:59 p.m.

 

 

Property tax and energy cost rebates

Businesses that are, or were, required to shut down or significantly restrict services due to provincial public health measures can apply for the following to help with their fixed costs.

Eligible businesses could get rebates for:

  • municipal and education property taxes
  • energy costs, including electricity and natural gas (or where natural gas is not available, propane and heating oil)

Learn More: COVID-19 Energy Assistance Program for Small Business (CEAP-SB)

Apply: Government of Ontario

 

Canada Emergency Business Account (CEBA)

What You’ll Receive:
  • Provides interest-free loans of up to $60,000
To receive the grant, a small business must:
  • Business is registered with the CRA with an effective date of registration on or prior to March 1, 2020.
  • Has an active business chequing/operating account.
  • If borrower currently does not have a business chequing/operating account, they must create one at their primary financial institution before applying for CEBA.
  • Intends to continue to operate its business or to resume operations.

Learn More: Canada Emergency Business Account (CEBA) or call the CEBA Call Centre at 1-888-324-4201

Apply: Contact your financial institution to apply

 

Canada Emergency Rent Subsidy (CERS)

What You’ll Receive:
  • Provides easy-to-access rent and mortgage subsidy of up to 65% directly to tenants.
  • Qualifying organizations that have been significantly restricted by a mandatory public health order can receive an additional 25% of rent support.
To be eligible to receive the rent subsidy:
  • Are an eligible business, charity, or non-profit (eligible entity)
  • Experienced a drop in revenue
  • Have eligible expenses
And you must meet all four of the following criteria:
  • You had a CRA business number on September 27, 2020 OR;
  • You had a payroll account on March 15, 2020, or another person or partnership made payroll remittances on your behalf OR;
  • You purchased the business assets of another person or partnership who meets condition b above, and have made an election under the special asset acquisition rules OR;
  • You meet other prescribed conditions that might be introduced

Learn More: Canada Emergency Rent Subsidy (CERS)

Apply: Government of Canada

 

Regional Relief and Recovery Fund (RRRF)

What You’ll Receive:
  • Provides liquidity support for fixed operating costs to maintain regular operations. For businesses and organizations that are unable to access other federal relief measures, or require additional support.
Eligibility:
  • A Canadian or provincially-incorporated business, co-operative, partnership or an Indigenous-owned business with 1 to 499 full-time equivalent employees; OR
  • Organizations, including social enterprises, that are engaged in commercial activities as a significant portion of operations; OR
  • Chambers of commerce, business or sector associations and other economic development organizations that provide support to businesses.
That meet the following:
  • Facing funding pressures with fixed operating costs, as a result of the COVID-19 pandemic;
  • Have applied to other Government of Canada COVID-19 relief measures for which they are eligible
  • Were operational prior to March 15, 2020;
  • Are financially viable;
  • Plan to continue to operate or resume operations; and
  • Have an active business chequing/operating account.

Learn More: Regional Relief and Recovery Fund (RRRF)

Apply: Government of Canada

 

ADDITIONAL RESOURCES