Industry Trends

Our COVID-19 Response

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OKR Financial has compiled the complete list of COVID-19 programs and services available for businesses and entrepreneurs:

  1.  Canada Emergency Wage Subsidy (CEWS) Help to keep your employees on payroll
  2. Canada Emergency Business Account (CEBA) Guaranteed loan for qualifying businesses
  3. Canada Emergency Response Benefit (CERB) Income support for full time, contract or self-employed workers. The CERB has now ended. The CRA is continuing to accept and process retroactive applications for period 7 (August 30 to September 26, 2020).
  4. Enhanced Work-Sharing program Support for businesses to avoid layoffs
  5.  Canada Recovery Benefit Income support for full time, contract, and self-employed workers
  6. Canada Recovery Caregiver Benefit Income support to care for dependent family members
  7. Canada Recovery Sickness Benefit Income support for sick or self-isolating workers
  8. BDC Co-Lending Program (BCAP) Loans for SMEs
  9.  Canada Emergency Commercial Rent Assistance (CECRA) Financial assistance for tenants and landlords
  10.  Black Entrepreneurship Program – National Ecosystem Fund Funding and advice for Black business owners and entrepreneurs
  11. Black Entrepreneurship Program – Black Entrepreneurship Loan Fund Financial help for Black business owners and entrepreneurs
  12. Essential Services Contingency Reserve PPE for essential workers
  13. Regional development agencies: COVID-19 support. Support for SMEs and tourism operators
  14. Extension for income tax filing and payment dates (CRA) Extra time to file income tax returns
  15. Extension for corporate annual return filing (Corporations Canada). New annual return deadlines for federal corporations
  16. Strategic Innovation Fund — Funding to advance countermeasures in the fight against COVID-19. Support for vaccines, therapies and bio-manufacturing
  17. COVID-19: ExploreIP. Find technologies that could help combat COVID-19
  18. COVID-19 Support: Futurpreneur Canada. Money to cover loan payments for SMEs
  19. Mortgage Payment Deferral. Deferred payments for home-based businesses
  20. COVID-19: Waiving tariffs on certain medical goods. Support to protect workers and maintain supply chains
  21. BDC – COVID-19 Working Capital loans. Capital, financing and loans for your business
  22. Temporary Wage Subsidy for Employers. Reduce the amount of payroll deductions you remit to CRA
  23. BDC Capital Bridge Financing Program. COVID-19: Equity investment for high-growth businesses
  24. PPE Supply HuB. Support for organizations buying and selling PPE
  25.  Go Digital Canada. Support to digitize your business with Shopify.
  26. Calling all suppliers to support COVID-19 efforts. Help Canada meet the need for products and services in the face of COVID-19
  27. Calling all manufacturers to support COVID-19 efforts. Contracts for medical equipment and supplies
  28. NRC Pandemic Response Challenge Program. Help find solutions to the COVID-19 outbreak
  29. COVID-19: Financial help if you are outside Canada. Emergency financial aid to return to Canada
  30. Support for airports. COVID-19: Relief for ground lease rents
  31. Relief for broadcasters. Regulatory charges being waived for Broadcasting sector
  32. EDC Loan Guarantee (BCAP). Loan guarantee for small and medium-sized enterprises
  33. Mitacs — Supporting businesses in the fight against COVID-19. Additional funding and support for research projects 
  34. COVID-19: Emissions Reduction Fund. Repayable loans for oil and gas companies.
  35. Support for the publishing and news sectors. Support for media outlets to help keep Canadians healthy and safe
  36. Emergency Support Fund for cultural, heritage and sports organizations. Money to support employees of cultural, heritage and sports organizations
  37. NRC COVID-19 Community support. Funding and expertise to help combat COVID-19
  38.  Emergency Processing Fund. Money to help food producers during COVID-19
  39. CanCOVID. Resources for COVID-19 research and response experts
  40. AgriInsurance. Additional insurance for agricultural producers affected by COVID-19
  41. Large Employer Emergency Financing Facility (LEEFF). Bridge financing for large companies to keep their employees on payroll
  42. EDC — Mid-Market Guarantee and Financing Program. Increased access to financial support through BCAP
  43. BDC Mid-Market Financing Program. Increased commercial loans through BCAP
  44. Fish Harvester Benefit. Financial support for fish harvesters experiencing a downturn in revenue due to COVID-19
  45. Fish Harvester Grant. Grant for fish harvesters impacted by COVID-19
  46. Regional Relief and Recovery Fund – Western Economic Diversification Canada stream 1. Financial support for SMEs in British Columbia, Alberta, Saskatchewan and Manitoba
  47. Agriculture and Food Business Solutions Fund. Financing for agribusinesses during COVID-19
  48. Regional Relief and Recovery Fund – Western Economic Diversification Canada stream 2. Financial support for SMEs in British Columbia, Alberta, Saskatchewan and Manitoba
  49. Wage support for universities and health research institutes. Money to retain research staff during the crisis
  50. Research support for universities and health research institutes. Money to maintain essential research activities during the crisis
  51. Changes to EI for fish harvesters and sharespersons. Money for fish harvesters affected by COVID-19
  52. People Outside Safely Together (POST) Promise. Health and safety pandemic training for businesses
  53. National workplace accessibility. Support for accessible working arrangements
  54. BDC Webinars. Free webinars designed for Canadian Entrepreneurs
  55. Canadian Seafood Stabilization Fund – Western Economic Diversification Canada (WD). Funding for Western Canada fish and seafood processors
  56. Investing in Canada Infrastructure Program — COVID-19 Resilience stream. Funding for infrastructure projects
  57. Protein Industries Supercluster. Funding for plant protein projects
  58. Boosted support from Farm Credit Canada. Credit available to farmers and agri-food producers affected by COVID-19
  59. AgriInvest. Matching funding to mitigate on-farm risks
  60. Advance Payments Program (Agriculture). Money for farmers affected by COVID-19
  61. EDC — Credit Insurance. Insurance on international sales
  62. EDC — Export Guarantee Program. Guarantees for export sales
  63. EDC — Foreign Exchange Facility Guarantee. Protection against foreign exchange risk
  64. EDC — Account Performance Security Guarantee. Security guarantee for exporters
  65. COVID-19: Support for tourism operators (Parks Canada). Deferral of payment on commercial leases and licences of occupation
  66. Temporary wage top-up for low-income essential workers. COVID-19: Money for low-income essential workers
  67. Agriculture training support. Financial support for agriculture and horticulture businesses
  68. Small and medium enterprise relaunch grant. Funds for Alberta SMEs impacted by COVID-19
  69. Alberta Bits and Pieces Program. Opportunities for AB businesses to sell to the government
  70. BDC — Coping with the impacts of COVID-19 on your business. Webinar — Advice on managing through the crisis
Source: Support For Your Business Government of Canada. Last Update: September 28, 2020

Disclaimer: Any views or opinions are not intended to malign any religion, ethnic group, club, organization, company, or individual. All content provided on this blog is for informational purposes only.

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