COVID-19

COVID-19 Emergency Financing

Covid Resource Links

 

Ontario Launches Additional Supports for Small Businesses

The Government of Ontario is excited to share that eligible small businesses that were required to close under the modified Step Two of the Roadmap to Reopen can now apply for the Ontario COVID-19 Small Business Relief Grant (OSBRG).

The application portal will be open from February 9 to March 11 for applications from:

  • Newly established businesses
  • Businesses that may not have previously applied to the Ontario Small Business Support Grant in 2021
  • Businesses that were previously deemed ineligible but are now eligible.

In order to be eligible, applicants will need to confirm that they:

  • Had fewer than 100 employees as of December 31, 2021
  • Were an active business as of January 14, 2022
  • Were required to close indoor operations on January 5, 2022.

Eligible small businesses for the OSBRG include:

  • Restaurants and bars
  • Facilities for indoor sports and recreational fitness activities (including fitness centres and gyms)
  • Racing venues, casinos, bingo halls and gaming establishments
  • Performing arts venues and cinemas
  • Museums, galleries, aquariums, zoos, science centres, landmarks, historic sites, botanical gardens and similar attractions
  • Meeting or event spaces
  • Tour and guide services
  • Conference centres and convention centres
  • Driving instruction for individuals
  • Before- and after-school programs.

The OSBRG User Application Guide provides additional information about applying for the grant. The Ministry of Economic Development, Job Creation and Trade emailed eligible businesses that qualified for the Ontario Small Business Support Grant in 2021, and were subject to closure again on January 5, 2022, as they have been pre-screened and do not need to apply for the OSBRG. But they may be asked to confirm their continued eligibility.

Please share this email with your associates and spread the word about the Ontario COVID-19 Small Business Relief Grant.

For more information on available business supports, please visit: Businesses: Get help with COVID-19 costs | Ontario.ca

If you need help, our call centres are open from Monday to Friday from 8:30 a.m. to 5:00 p.m., excluding government and statutory holidays. The call centres are closed on Saturday and Sunday.

Toll-free:?1-855-216-3090
TTY:?416-325-3408
Toll-free?TTY:?1-800-268-7095

Thank you,

Ministry of Economic Development, Job Creation and Trade

 

Government extends loan forgiveness repayment deadline for the Canada Emergency Business Account

The deadline for repayment of CEBA loans has been extended by one year.

The repayment deadline for CEBA loans to qualify for partial loan forgiveness is being extended from December 31, 2022, to December 31, 2023, for all eligible borrowers in good standing. This includes lending through the RRRF.

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Ontario Providing Supports for Small Businesses, Workers, Families

Ontario Government is providing targeted relief for businesses and people impacted by the current public health measures aimed at blunting the spread of the Omicron variant.

As part of this plan, the government is introducing a $10,000 grant for eligible businesses that are subject to closures under the modified Step Two of the Roadmap to Reopen and is providing additional electricity-rate relief for businesses, as well as workers and families spending more time at home.

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Businesses: Get help with COVID-19 costs

Ontario is providing extra support for businesses required to close or significantly restrict services as a result of provincial public health measures. For example, restaurants and gyms can apply for a rebate equal to 100 per cent of their costs. Other operations who’ve had to reduce capacity, like small retail stores, can apply for a rebate equal to 50 per cent for their costs.

Here is the link to start your application: https://www.app.grants.gov.on.ca/obcrp/#/

The following types of businesses are eligible for support:

  1. Restaurants and bars
  2. Personal care services relating to the hair or body
  3. Retailers less than 50,000 sq ft (Non-grocery)
  4. Small grocery stores less than 5,000 sq ft
  5. Gyms and other facilities used for indoor sports and recreational fitness activities (including indoor spectator sports)
  6. Places of worship
  7. Indoor meeting and event spaces available for rent
  8. Indoor concert venues, theatres and cinemas
  9. Casinos, bingo halls, and other gaming establishments
  10. Indoor portion of horse and car racing tracks
  11. Indoor museums, galleries, aquariums, zoos, science centres, landmarks, historic sites, botanical gardens and similar attractions
  12. Indoor clubhouses at outdoor recreational amenities
  13. Indoor business associated with tour and guide services
  14. Oxygen bars
  15. Steam rooms and saunas
  16. Bathhouses and sex clubs
  17. Indoor teaching and instruction centres
  18. Indoor driving instruction centres
  19. Day camps and overnight camps for children
  20. Before- and after-school programs
  21. Pet and veterinary services

Regional Relief and Recovery Fund

The application period for the RRRF is now closed.

 

COVID-19 Resources for Canadian Small Businesses

Click here for more information on what the Federal Government is doing to help small businesses.

  1. Support for Employees
  2. Support for Businesses
  3. Business Travel and Events
  4. Business in International Markets