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

Bill Walker MPP

COVID - Business


Ontario Small Business Support Grant

The new Ontario Small Business Support Grant will help small businesses that are required to close or significantly restrict services under the new Provincewide Shutdown. 

What You’ll Receive:
  • $10,000 grant for all eligible businesses (dollar for dollar funding)
  • A maximum of $20,000
To receive the grant, a small business must:
  • Be required to close or restrict services subject to the new Provincewide Shutdown
  • Have fewer than 100 employees at an enterprise level
  • Have experienced a minimum of 20% revenue decline comparing April 2020 to April 2019 revenues
  • New businesses established since April 2020 are also eligible
Learn More: 

Apply: Government of Ontario

 

 

Property Tax & Energy Bill Rebates

Property Tax and Energy Cost Rebate Grants for businesses that were required to shut down or significantly restrict services due to provincial public health measures (modified Stage 2 restrictions or, going forward, in areas categorized as control, Lockdown or Provincewide Shutdown).

What You’ll Receive:
  • Municipal and education property taxes
  • energy costs, including electricity and natural gas (or where natural gas is not available, propane and heating oil)
Funding will cover the entire length of time that regionally targeted public health restrictions are in place.
 
To receive the grant, a small business must:
  • Businesses that are, or were, required to close or significantly restrict services as a result of being under control or lockdown restrictions in the COVID-19 response framework.
  • Were required to close or significantly restrict services as a result of being under “modified Stage 2” restrictions in the previous framework
  • Businesses will not be eligible if they are:
    • within the areas subject to public health restrictions, but were not required to close or significantly restrict services or if they are owned by the federal, provincial, or a municipal government, or by a person holding federal or provincial office.

Learn More: Property Tax & Energy Bill Rebates

Apply: Government of Ontario

 

Main Street Relief Grant: PPE Support

One-time grants of up to $1,000 for eligible main street small businesses — in retail, food and accommodations, and other service sectors with fewer than 10 employees  to help offset the unexpected costs of personal protective equipment (PPE).

What You’ll Receive:
  • Eligible small businesses will get a one-time grant of up to $1,000
To be eligible, your business must have 2-9 employees and be in one of the following sectors:
  • Retail
  • Accommodation and food services
  • Repair and maintenance
  • Personal and laundry services
  • Gyms and yoga studios

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