To Jane’s Community in Quebec,
The following COVID-19 Small Business Response Plan is a list of resources that may be of assistance to you and your team. Some of the resources may not apply to you, but taking advantage of 1 or 2 could significantly improve your financial health and that of your employees.
We hope this helps.
Please note: We will update this page with new content whenever possible.
- Trudeau announced new business loan relief program that will cover up to 75% of commercial rent costs through Canada Mortgage and Housing Corp. A portion of these loans will be non-repayable. Details and application process are yet to be released. One comment that came with this announcement was that the plan is that this relief does not come with cumbersome eligibility criteria so that the aid can be accessed fairly easily.
- New CERB eligibility rules: people are now allowed to earn up to $1,000 per month while collecting CERB (this includes part-time and seasonal workers now).
April 6 - Canada CERB Portal
The portal for accessing the CERB is at Canada.ca where Canadians can apply, enter direct deposit information, and start receiving $2,000 per month for 4 months within 10 days.
New aid coming for contract workers
Small Business Response Plan
Jane’s Canadian Small Business Response Plan: Here you can find our list of federal support for small businesses.
Emergency Aid for Small and Medium-sized Enterprises: This emergency aid program provides a loan or loan guarantee of up to $ 50,000 for eligible businesses who are experiencing financial difficulties due to COVID-19.
Concerted Temporary Action Program for Businesses: Investissement Québec has announced emergency financial assistance options for businesses affected by the repercussions of COVID-19.
Quebec Student Loan payments have been suspended for the next six months due to COVID-19. There will also be no interest calculated or added to your loan debt.
Government Assistance Programs COVID-19: A tool to help you or your employees determine what type of assistance is available in your situation.