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For more on Federal Business Supports, visit the Government's website HERE


Programs available (see below for information on each):

  • Business Credit Availability Program
  • Canada Emergency Rent Subsidy (CERS)
  • Canada Emergency Business Account (CEBA)
  • Canada Emergency Wage Subsidy (CEWS)
  • Large Employer Emergency Financing Facility (LEEFF)
  • Mid-Market Financing Program
  • Regional Relief and Recovery Fund


Canada Recovery Hiring Program

Canadian employers impacted by COVID may be eligible to apply for one of the two subsidies to cover part of their employee wages.

Each claim period, eligible employers can claim either CRHP or CEWS, whichever is higher.

Next deadline
December 30, 2021: Last day to apply for claim period 17

Next period opens
October 1, 2021: First day you can apply for claim period 20

See for more info


Business Credit Availability Program

The Canadian Government has used the Business Development Bank of Canada (BDC) and Export Development Canada (EDC) to provide $65 billion of additional funding to businesses. 

The program includes:

Canada Emergency Business Account (CEBA)

The June 30th, 2021 CEBA Application Period Deadline Has Passed
New applicants are no longer able to apply for a $60,000 CEBA loan or the $20,000 expansion at their financial institution.

  • Provides interest-free partially forgivable loans of up to $60,000 to small businesses and not-for-profits that have have experienced decreased revenue due to COVID but who face non-deferabble costs like rent, wages and taxes.
  • A total of $20,000 of this loan will be forgivable IF the loan is repaid by December 31, 2022.

More info: HERE 


Loan Guarantee for Small and Medium-Sized Enterprises

EDC is working with financial institutions to issue new operating credit and cash flow term loans of up to $6.25 million to SMEs.

Learn more: HERE 

Co-Lending Program for Small and Medium-Sized Enterprises

BDC is working with financial institutions to co-lend term loans to SMEs for their operational cash flow requirements.

  • Eligible businesses may obtain incremental credit amounts of up to $6.25 million through the program.

Learn more: HERE 


Canada Emergency Rent Subsidy (CERS)

Canadian businesses, non-profit organizations, or charities who have seen a drop in revenue during COVID-19 may be eligible for a subsidy to cover part of their commercial rent or property expenses, until October 23, 2021.

More info at


Canada Emergency Wage Subsidy (CEWS)

October 7, 2021:
Last day to apply for claim period 14

Next period opens
October 1, 2021: First day you can apply for claim period 20

Companies can apply for the Canada Emergency Wage Subsidy (CEWS) until October 23, 2021. The program covers a portion of an employee's wages if a company's revenues have dropped due to COVID-19. 

 Additional info, including how to apply at

Large Employer Emergency Financing Facility (LEEFF)

Now open for applications, the LEEFF program offers bridge financing to medium-to-large Canadian companies. More HERE 


Mid-Market Financing Program

Targeted at companies negatively impacted by COVID-19 and with annual revenues in excess of approximately $100 million and up to $500 million.

Provides a loan of $12.5 million to $60 Million and is available until June, 2021.

Read more about the program: HERE 


Regional Relief and Recovery Fund

The Regional Relief and Recovery Fund provides financial support to SMEs that are unable to access other federal COVID-19 relief measures. Eligible SMEs in Southern Ontario will be able to apply for this financial assistance through FedDev. Read the full information on the RRRF here.



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