Business Resources

Federal, Provincial and Municipal financial supports & resources.

smt3 warning icon Last updated: 09-06-2020 

The Government of Canada is taking immediate, significant and decisive action to help Canadians facing hardship as a result of the COVID-19 outbreak.

NLife with COVID-19

Alert Level System Summary Chart

Information Sheets for Businesses and Workplaces

GOV-NL Business Response Line

A Business Response Team has been established to support businesses as they prepare to re-open. 

 

agsdix-smt1-email

Email covid19info@gov.nl.ca

agsdix-smt1-call

Call 1-833-771-0696

Financial Supports For Businesses

For a list of ALL Federal Supports for Business click here.

CBDC Cabot: Regional Relief and Recovery Fund (RRRF)

The Government of Canada and Community Business Development Corporations (CBDCs) understand the difficulties the COVID-19 pandemic has caused the small business community throughout the Atlantic region. As a result, the Government of Canada has made funds available to the CBDC s to provide support and assistance to SMEs through the Regional Relief and Recovery Fund (RRRF).

Small business owners impacted as a result of the COVID-19 pandemic can apply for loans up to $40,000 through the Regional Relief and Recovery Funding (RRRF).

Click here to learn more

Canada Emergency Commercial Rent Assistance (CECRA) Portal

The Canada Mortgage and Housing Corporation (CMHC) is administering the CECRA program on behalf of the Government of Canada and the provinces and territories. CMHC now has a portal online for the program; applications are now being accepted.
Click here to learn more

Canada Emergency Business Account (CEBA)

See below for links to major banks for details:

Business Credit Availability Program (BCAP)
Workshare Program
Export Development Canada
Provincial Government

For Employees

Canada Emergency Response Benefit (CERB)

A taxable benefit of $2,000 a month for up to 4 months.

Click here for full details

Regular EI Benefits

Other Resources For Businesses

HR & Legal Resources
BDO COVID-19 Small Business Response Guide
BDC COVID-19 Relief Measures Guide

Tax Defferals

Town of Conception Bay South

Taken from https://conceptionbaysouth.ca/covid

  • For any resident/business who has signed up for our Equal Payment Plan, the town will defer payments upon request, without penalty.
  • Upon request, payments will restart in July, and will be updated to reflect paying your balance by December 31. To request this deferral, please email finance@conceptionbaysouth.ca.
  • The Town will not be charging interest on any accounts until June. 
  • We continue to provide financial services but at a slowed pace. Staff are working from home and are responding to e-mails and phone messages left at our after-hours phone line: 834-6529.
  • For tax purposes, payments are accepted via online banking, cheque, and visa through plastiq.

Town of Paradise

The Town of Paradise launched a business support plan.

For full details, visit https://www.paradise.ca/en/work/business-supports.aspx

Canada : GST/HST

Income Tax

“We are allowing all businesses to defer, until after August 31, 2020, the payment of any income tax amounts that become owing on or after March 18 and before September 2020. This relief would apply to tax balances due, as well as installments, under Part I of the Income Tax Act.

No interest or penalties will accumulate on these amounts during this period. “

 

Find all the details by clicking this link and scrolling to the bottom of the page.

GST/HST

“We will allow businesses, including self-employed individuals, to defer until June 30, 2020 payments of the Goods and Services Tax / Harmonized Sales Tax (GST/HST), as well as customs duties owing on their imports.”

Find all the details by clicking this link and scrolling to the bottom of the page.