Importance and Impacts of Canada’s Regional Relief and Recovery Fund
Canada’s 2020 Fall Economic Statement highlights that the Regional Relief and Recovery Fund has helped over 15,000 businesses and saved over 100,000 jobs during COVID-19.
Canada’s 2020 Fall Economic Statement highlights that the Regional Relief and Recovery Fund has helped over 15,000 businesses and saved over 100,000 jobs during COVID-19.
The Tourism Economic Development and Recovery Fund supports projects that improve Ontario’s visitation and visitor spending by developing innovative tourism products and/or services.
The Canada Emergency Business Account (CEBA) has increased their max interest-free loan size to $60K. Those who received CEBA already are eligible for additional funds.
The Canada Emergency Rent Subsidy (CERS) is a rent relief program from the federal government in the wake of COVID-19.
The Indigenous Community Business Fund provides grants for First Nation, Inuit, and Métis businesses that have been affected by COVID-19.
The Government of Canada has extended the Innovation Assistance Program (IAP) by $155 million to continue supporting Canadian businesses through the adverse economic impacts caused by COVID-19.
Find out how the Ontario provincial government has allocated its 2020 budget and what grant or loan programs your business may be eligible for.
The Regional Relief & Recovery Fund (RRRF) provides interest-free loans to support Ontario SMEs ineligible for other COVID-19 funding programs.
Through NORP, eligible businesses can receive up to 100% of eligible project costs to a maximum of $25,000 for projects relating to impacts of COVID-19.
Eligible Canadian small businesses can qualify for government grants through the Canada United Small Business Relief Fund in support of pandemic recovery.