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The Canada Small Business Financing Program makes it easier for small businesses to get loans from financial institutions by sharing the risk with lenders. Up to a maximum of $1,000,000 for any one borrower, of which no more than $350,000 can be used for purchasing leasehold improvements or improving leased property and purchasing or improving […]
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The launch of the Highly Affected Sectors Credit Availability Program (HASCAP) will provide financial support to businesses that have been hardest hit by the pandemic and was initially tabled in the 2020 Fall Economic Statement. It promises to assist businesses across the region, whether they are operating at limited capacity, switching to online-only services or […]
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To help employers through the challenges posed by the COVID-19 pandemic, the federal Government has implemented the new Canada Emergency Wage Subsidy (CEWS). The CEWS aims to prevent further job losses, encourage employers to re-hire workers who were laid off as a result of COVID-19, and help position businesses to resume normal operations more easily […]
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