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Business COVID Relief

Northern BC Tourism Resiliency Program. If you run a tourism-related business, please register for the Northern BC Tourism Resiliency Program. As part of the program, you’ll be matched with a program advisor who can assess your needs and provide guidance on available relief programs for your business. They can also arrange one-on-one expert consultations (free of charge) in areas such as marketing, E-commerce, human resources, and accounting, among others.

First Peoples' Cultural Council Arts Program. Grants ranging from $3,000 to $20,000 for Indigenous B.C. residents open for the Spring 2021 intake.

Canadian Emergency Rent Subsidy (CER):  Subsidy of up to 75% of eligible expenses until October 2021. Also includes an additional Lockdown Support of 25% if your business was significantly affected by a public health order. Applications to this program can happen retroactively back 6 months. An extension until May 7, 2022 is proposed and is pending confirmation from the Federal Government.

Canada Emergency Wage Subsidy: Covers part of your employee wages retroactively back to December 20, 2020 until October 23, 2021. Deadline to claim for period 16 is December 2, 2021. An extension until May 7, 2022 is proposed and is pending confirmation from the Federal Government.

Canada Recovery Hiring Program: The Canada Recovery Hiring Program (CRHP) is designed to encourage businesses to grow as the economy recovers, whether it’s due to hiring or re-hiring staff, increasing shifts, or increasing overall pay.  Next application deadline is December 30, 2021.

Each claim period, eligible employers can claim either CRHP or Canada Emergency Wage Subsidy (CEWS), whichever is higher.

An extension until May 2022 is proposed and is pending confirmation from the Federal Government.

Highly Affected Sectors Credit Availability Program (HASCAP): Aimed at sectors like tourism and hospitality, hotels, arts and entertainment, and will offer 100% government-guaranteed financing and provide low-interest loans up to $1 million for up to ten years. Available until December 31, 2021.

Please note: Your business can only claim either CEWS or CRHP. 

 

The Federal Government has proposed additional funding to create jobs and spur economic growth.  More information will be available in November 2022.