Industry Trends

Our COVID-19 Response

Airport waiting area

Read Time: 5 mins.

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

Updates From Us

For Investors

For Entreprenuers

Share on facebook
Share on twitter
Share on linkedin

Related Articles

Upcoming Webinars
an open booked day planner
Our Calculators