Federal and Provincial Support for Businesses

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The Government of Canada and the BC government have resources, programs, and services to support Canadian businesses facing financial hardships due to COVID-19.

Small Business BC COVID-19 Support Centre 

Small Business BC

To help business owners navigate the available provincial and federal resources, advisors are available Monday to Friday, from 9:00am to 5:00pm and Saturday from 10:00am to 4:00pm at 1-833-254-4357. Inquiries can also be emailed to covid@smallbusinessbc.ca, or raised on the live-chat feature available on Small Business BC

Support is available in multiple languages and a call-back feature will be in place to help manage high call volumes. View the latest information on supports for businesses in BC. 

Here are some highlights of different programs including subsidies, grants, and loans:

Emergency Business Account

Intended to help small businesses pay immediate operating costs through an interest-free loan


  • Applies to business and non-profit employers with 2019 payroll from $20,000-$1.5M
  • Financial institutions are able to provide up to $40,000 interest-free loan
  • If loan is repaid by December 31, 2022, 25% of loan is forgiven. If not repaid by that date, remaining balance is converted into 3-year loan at 5% interest 
For more information, contact your financial institution

Emergency Commercial Rent Assistance (CECRA)

Intended to provide short-term commercial rent relief


  • Applies to businesses that have experienced at least a 70% drop in pre-COVID-19 revenues
  • Also applies to non-profits & charitable organizations
  • Applicable to April, May, June, and July 2020
  • Provides forgivable loans to qualifying mortgaged property owner who must sign agreement to reduce tenants’ rent by 75% and to not evict them during period. The business/tenant must cover the remainder, up to 25% of the rent 

Learn more and apply

Emergency Wage Subsidy

Intended to help businesses avoid layoffs & rehires

  • Covers up to 75% of employee wages for businesses that have been affected by COVID-19
  • Program has been extended to December 2020
  • BC employers eligible for CEWS are also entitled to receive 100% refund for employer contributions to Employment Insurance and Canada Pension Plan
Apply here

10% Wage Subsidy (Temporary)

Intended to reduce payroll deduction remittance to CRA

  • Allows eligible employers to reduce the amount of payroll deductions that must be remitted to the Canada Revenue Agency (CRA)
  • Up to a maximum subsidy of $1,375 per employee and $25,000 per employer
Learn more

Business Credit Availability Program – Loan Guarantee 

Intended to provide credit & cash flow loans

  • Applies to small and medium-sized businesses that were generating revenue and financially viable prior to COVID-19
For more information, contact your financial institution

Loan / Co-Lending Program with Business Development Bank

Intended to provide loans for operational and cash flow needs

  • Applies to small and medium-sized businesses that were generating revenue and financially viable prior to COVID-19
  • Provides interest-only loans for first 12 months, with a 10-year repayment period
For more information, contact your financial institution

Large Employer Emergency Financing Facility (LEEFF)

Intended to provide bridge financing to large Canadian employers

  • Applies to large Canadian employers with significant operations and workforce in Canada. With annual revenues of $300 million or more.
  • Large for-profit enterprises in all sectors except for those in the financial sector
  • Certain not-for-profit enterprises
Learn more and register

Regional Relief and Recovery Fund

Support for businesses not eligible for CEBA

  • Applies to businesses have applied for other federal relief measures and have not been able to secure fund
  • Businesses that have accessed COVID-19 relief measures and continue to experience hardships
  • Eligible businesses can receive a conditionally repayable contribution up to $40,000
Learn more and apply
Indigenous Businesses 
  • Applies to small and medium-sized indigenous businesses
  • Allow for short-term, interest-free loans and non-repayable contribution through Aboriginal Financial Institutions
Learn more

Agriculture and food industry
Loan deferrals and other financing products

Loan deferrals and other financing products

  • Applies to producers, agribusinesses and food processors
  • Farm Credit Canada offering loan deferrals and other financing products
Learn More
Mandatory Isolation Support for Temporary Foreign Workers Program
  • Applies to farmers, fish harvesters and all food production and processing employers
  •  Help employers with some of the costs associated with the mandatory 14-day isolations period for temporary foreign workers upon entering Canada
Learn more about this program call 1-877-246-4682
Cultural, Heritage and Sports Organizations
  • Applies to organizations that support artists and athletes
  • Fund will be administered by Canadian Heritage
Learn More
Canadian Seafood Stabilization Fund
  • Applies to fish and seafood processing sector
  • Will be delivered through Western Economic Diversification Canada in BC
Learn more

Energy Sector Support

Credit and financing support

  • Applies to small and medium-sized energy companies at risk due to COVID-19
Learn more

How can your Business help in the fight against COVID-19?

The Government of Canada and the BC Government are looking for both medical and non-medical products and services to help with the response to COVID-19.

Products needed include N95 masks, surgical masks, gloves, gowns, hand sanitizer.

Service providers needed include guard/security services, nursing services, accommodation, and food services.



View the Government of British Columbia's needed goods and services 



View the Government of Canada's needed goods and services

Raoid Response Platform

The Rapid Response Platform automatically matches supply with demand, simplifying supplier discovery during the procurement process. As Canada's industries return to work, there is an increased demand for PPE – is your company able to be a supplier?

BC Alliance of Manufacturing

The BC Alliance of Manufacturing is calling on all abled manufacturers to respond to this urgent need. The Government of Canada announced funding to retool factories to increase production capacity for COVID-19 medical supplies and products.

Langley Division of Family Practice

Langley Division of Family Practice supports health care in the BC Fraser Valley area, and is in need of N95 masks, face shields, clothing protectors/disposable gowns, hand sanitizer, gloves, and wipes/cleaner (99.9% Cavi) for local health care workers. If your business can help with qualified supplies, please email barb.stack@ldfp.org.

You are not alone – join a local Business Association

There any many business communities in the Township and they each offer their members excellent opportunities to share resources and experiences, build your networks, and grow your business.

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