Kirk Campbell, CPA CGA

For an exhaustive list of the many COVID 19 benefit programs provided by the Government of Canada, many of which you might not be aware of.

Canada’s COVID-19 Economic Response Plan - Canada.ca Learn more about Canada’s actions to help Canadians and businesses facing hardship as a result of the COVID-19 outbreak.

Enhanced Rent Subsidy

Canada Emergency Rent Subsidy - Canada.ca This backgrounder provides information for organizations that have experienced a revenue decline and may qualify for the Canada Emergency Rent Subsidy.

Component of the recently announced Black Entrepreneurship Program and how to keep informed.

Home - Black Entrepreneurship Program Black Entrepreneurship Program

CEBA now opens to businesses that uses personal bank accounts.

Canada Emergency Business Account now open to businesses using personal banking accounts - Canada.ca Today, the Deputy Prime Minister and Minister of Finance, the Honourable Chrystia Freeland announced that as early as October 26, 2020, the Canada Emergency Business Account (CEBA) will be available to businesses that have been operating out of a non-business banking account.

Small Business PPE Grant

Ontario Newsroom | Salle de presse de l'Ontario

Complete list of Government COVID19 Support.

Support for your business | Du soutien pour votre entreprise Get a tailored list of government programs and services to help your business weather the storm. | Obtenez une liste personnalisée des programmes et services gouvernementaux visant à aider votre entreprise à affronter la tempête.

Business Advisory Center of Durham

As part of the Business advisory Center of Durham mandate to help Durham businesses impacted by Covid-19, the BACD is facilitating the Digital Main Street program a government-based initiative to help business owners expand their digital presence. Through this partnership, they are offering a number of FREE digital services.

Some of the resources available include:

Setting up a Google My Business profile
SEO (search engine optimization)
Website design recommendations
Social media strategies and tools
Digital marketing strategies
E-commerce setup
Email marketing

Your business may also qualify for a $2,500 grant to help with a digital transformation plan.

Digital Marketing program for mainstreet businesses | Business Advisory Centre Durham The Digital Durham program's goal is to help small main street businesses learn how to promote online, use e-commerce, and streamline their processes with digital tools to stay competitive and succeed.

Trudeau announces $221M business loan program for Black entrepreneurs - National | Globalnews.ca
https://globalnews.ca/news/7324020/justin-trudeau-black-entrepreneur-program/

Trudeau announces $221M business loan program for Black entrepreneurs The program will see the federal government and financial institutions working together.

Canada Emergency Business Account (CEBA)

CEBA has been extended to October 31, 2020, making the program accessible longer to Canadians.

As of June 26, 2020, businesses eligible for CEBA now include owner-operated small businesses that do not have a payroll, sole proprietors receiving business income directly, as well as family-owned corporations remunerating in the form of dividends rather than payroll. This means that more small businesses can access it.
Applicants with $20,000 or less in payroll in 2019 will have to demonstrate having Eligible Non-Deferrable Expenses between Cdn.$40,000 and Cdn.$1,500,000 in 2020. Expenses are considered “Eligible Non-Deferrable Expenses” if they were already incurred in January and/or February 2020, or are due to a legal or contractual obligation as at March 1 and cannot be avoided or deferred beyond 2020 even during a period of shut down and depressed revenues as a result of COVID. CEBA is not intended to provide income support, or support for variable operating expenses to businesses.