Government Financial Support Programs
Throughout the pandemic, the Federal and Provincial governments have provided financial support programs for businesses. While many of those programs have ended, there are some support programs still available.
Federal Government Financial Support Programs
To determine whether your organization may be eligible for federal subsidies, you can visit this site to help determine your eligibility.
Please visit this site to help determine your eligibility for federal subsidies.
The following financial support programs ended on May 7, 2022, however businesses may apply for some of these supports up to 180 days after the end of the claim period for which they are applying:
The COVID-19 Tourism Relief Fund supports tourism businesses and organizations to adapt their operations to meet public health requirements while investing in products and services to facilitate their future growth. Eligible applicants include tourism entities that cater mainly to visitors, such as: businesses; not-for-profit organizations, such as tourism associations; and band councils or other Indigenous organizations and cooperatives. You can find more information about this fund, including all eligibility requirements and funding available here.
The Canada Digital Adoption Program was launched to help get your business online, give your e-commerce presence a boost or help digitalize your business's operations. CDAP provides funding and support to businesses, as well as training and work opportunities for young Canadians. Under the Grow Your Business Online stream of the program, small businesses can receive micro-grants of up to $2,400 to help with the costs related to adopting digital technologies. Through the Boost Your Business Technology stream of the program, small and medium sized businesses can apply for a grant to help them adopt new technologies. Eligible businesses will have access to a marketplace of digital adoption experts to help them develop a digital adoption plan tailored to their needs. The grant covers up to 90% of the eligible cost of retaining the services of a digital advisor, up to a maximum grant value of $15,000 per SME, to develop a digital adoption plan. You can find more information about this program here.
Provincial Government Financial Support Programs
The Province of Ontario is providing businesses with a six-month interest- and penalty-free period to make payments for most provincially administered taxes. The six-month period runs from the January 1, 2022 to July 1, 2022. Businesses will have the option to delay their payments for the following provincially administered taxes: Employer Health Tax; Beer, Wine & Spirits Taxes; Tobacco Tax; Insurance Premium Tax; Fuel Tax; International Fuel Tax Agreement; Gas Tax; Retail Sales Tax on Insurance Contracts & Benefits Plans; Mining Tax; and Race Tracks Tax.