R&D Partners is compiling a list of financial aid and other measures created or amended to help businesses struggling in the wake of COVID-19.
We will continue to update this list as the situation progresses, so please check back regularly.
Table of Contents
- British Columbia
- Nova Scotia
- Prince Edward Island
- Nova Scotia
Government of Canada: Temporary Wage Subsidy (10%)
This program is a three-month measure that will allow eligible employers (individuals, NPOs, charities and/or CCPCs eligible for the small business deduction) to reduce the amount of payroll deductions required to be remitted to the Canada Revenue Agency (CRA). The subsidy is calculated when employers remit federal, provincial, or territorial income tax to the CRA. Payroll remitance of these amounts can then be reduced to obtain the subsidy, up to a maximum of 10% of the remuneration paid and $25,000 per employer.
Government of Canada: Emergency Wage Subsidy (75%)
The Canada Emergency Wage Subsidy provides a 75% wage subsidy to eligible employers for up to 12 weeks, retroactive to March 15th, 2020.
Eligible employers include individuals, taxable corporations, and partnerships consisting of eligible employers as well as non‑profit organizations and registered charities. For the months of April and May, employers must be able to demonstrate a drop in revenue of at least 30%. For the month of March, only a 15% decrease is required.
Canadian small and medium-sized businesses from all sectors that were financially viable and generating revenue prior to the COVID-19 outbreak can access credit and cash flow terms loans backed by EDC and co-lending arrangements with BDC. Financial institutions will be able to issue credit and cash flow terms loans of up to $6.25 million to existing clients. These loans will be guaranteed at 80% by the EDC.
This money is to be used for operational expenses, not for dividend payouts, shareholder loans, bonuses, stock buyback, option issuance, increases to executive compensation or repayment/refinancing of other debt.
This program provides term loans for operational and liquidity needs of businesses, which could include interest payments on existing debt. The program is designed in three segments to better support different business sizes:
- Loans of up to $312,500 to businesses with revenues of less than $1 million.
- Up to $3.125 million for businesses with revenues between $1 million and $50 million.
- Up to $6.25 million for businesses with revenues in excess of $50 million.
Loans will be interest-only for the first 12 months, with a 10-year repayment period.
Government of Canada: Canada Emergency Business Account (CEBA) (BCAP Program)
This program will provide interest-free loans of up to $40,000 to help cover small businesses’ operating costs while their revenues are reduced because of COVID-19. Loans that are repaid on or before December 31st, 2022 will receive a loan forgiveness of 25% (up to $10,000). To be eligible, businesses must demonstrate they paid $20,000 to $1.5M in total payroll in 2019. Applicants should contact their financial institutions in order to begin the application process.
The Government of Canada: Farm Credit Canada
The Government of Canada will support Farm Credit Canada by providing $5 billion in additional lending capacity to producers, agribusinesses and food processors. This is meant to address farmers’ cashflow issues as well as help processors absorb the cost of lost sales.
Facebook: Small Business Grants Program
Facebook is offering $100M in cash grants and ad credits for up to 30,000 eligible small businesses in the over 30 countries where they operate.
To be eligible, a business must:
- Have between 2 and 50 employees
- Have been in business for over a year
- Have experienced challenges from COVID-19
- Be in or near a location where Facebook operates
U.S. applications are now open.
BDC is offering new relief measures for qualified businesses, including:
- Working capital loans of up to $2 million with flexible repayment terms such as principal postponements for qualifying businesses
- Postponement of payments for up to 6 months, free of charge, for existing BDC clients with total BDC loan commitment of $1 million or less
- Reduced rates on new eligible loans
BDC: Mid-Market Financing
In order to better support medium-sized companies, BDC will offer loans ranging from $12,5 to $60 million to eligible Canadian businesses.
Natural Sciences and Engineering Research Council of Canada: NSERC Alliance COVID-19 grants
Up to $15 million in total support for collaborations addressing pandemic-related research and technical challenges. Support for up to $50,000 for one-year projects is being made available immediately to stimulate collaborations between academic researchers and the public and not-for-profit sectors, and industry.
Proposals will be accepted until June 1st, 2020.
Government of Canada: Canada Emergency Student Benefit
$1,250/month to college and university students currently in school, planning to start in September, or who graduated in December 2019. Students who are handicapped or take care of a dependant would be eligible for up to $1,750 a month.
Eligible students include:
- those who made less than $5,000 in 2019 and counted on a Summer job to pay for their basic needs and tuition
- Students who still work, but make less than $1,000 per month
Government of Canada: Canada Emergency Commercial Rent Assistance Program (CECRA)
This program will support small businesses that are having trouble paying their commercial rent across Canada. Loans (including some forgivable loans) will be provided to commercial building owners in order for them to cancel or lower the rent their tenants have paid in April and would pay in May and June.
Telefilm Allocation: COVID-19 Emergency Relief Funds
This program will allocate grants from $5,000 to $800,000 grants to support Canada’s TV and digital media companies through the COVID-19 crisis. To qualify, companies will need to have received at least $40,000 in funding from either of the CMF streams (convergent and/or experimental) over the past 3 years. Companies that have been able to secure financial help from one or more of the major federal COVID-19 support programs (such as CEBA, CEWS and more) are still eligible for the CMF support, but cannot use the CMF Emergency Relief Funds to cover costs that are already being covered by these other programs.
Companies must apply for the Emergency Relief Funds associated with the organization from which they received the most funding between April 1st, 2017, to March 31st, 2020 out of Canadian Heritage, Telefilm Canada, Canada Council for the Arts and Canada Media Fund.
Government of Canada: Regional Relief and Recovery Funds (RRRF)
The federal government will provide loans, some of which will be partially forgivable, to Canadian companies affected by COVID-19 for whom previous federal support was unavailable or insufficient. Details such as eligibility, funding amounts, and conditions vary from province to province.
Canada Enterprise Emergency Funding Corporation (CEEFC) and Canada Development Investment Corporation (CDEV): Large Employer Emergency Financing Facility (LEEFF)
This program will provide loans of $60 million or above to large Canadian employers affected by COVID-19. Companies will need to demonstrate yearly revenues above $300 million, as well as significant operations in Canada, in order to justify their eligibility. The loans will be repayable at any time during the lending term without penalty.
The Government of Canada: Calling All Suppliers – Help Combat COVID-19
The Government of Canada is calling on suppliers capable of providing disposable N95 masks, disposable surgical masks, hand sanitizer, and other products and services to combat COVID-19. If you’re able to help, you can fill out the submission form for Coronavirus disease (COVID-19) products and services.
For more information, contact their info line.
NRC-IRAP/Innovative Solutions Canada: Pandemic Response Challenge Program
This program will receive $15M in funding to foster collaboration between academia and Canadian SMEs taking up R&D challenges related to COVID-19. To start, the main research areas will be:
- Rapid detection and diagnosis
- Therapeutics and vaccine development
- Digital health
The specific R&D challenges have yet to be announced, but interested researchers and SMEs can register here to begin the team-building process.
NGen will increase supercluster funding by $50 million to help its members respond to the COVID-19 pandemic by developing and manufacturing various health devices, equipment, and products which will be crucial in fighting the global pandemic. Projects that have a short-term impact (between April and June 2020) could be funded up to 100%. Projects with longer time frames will likely be considered for funding at 50%.
MEDTEQ Consortium: COVID-19: Call for Technological Solutions and Ideas
MEDTEQ is calling for proposals for innovative technological solutions and ideas to respond to the threat of COVID-19 in the short and medium term. MEDTEQ members as well as members of the medtech and health industries are encouraged to send their proposals to [email protected] .
Thales Digital Solutions: COVID-19 Rapid Response Call
Thales Digital Solutions is looking for partners to develop specific solutions to help fight COVID-19 on several fronts. Companies that manufacture and supply medical equipment, as well as healthcare organizations and more are invited to manifest their interest.
The Canadian Revenue Agency: Flexibility for Businesses Filing Taxes
The Canada Revenue Agency will allow all taxpayers to defer, until after August 31st, 2020, the payment of any income tax amounts that become owing on or after March 18th, 2020 and before September 2020. This relief will apply to tax balances due, as well as instalments, under Part I of the Income Tax Act. No interest or penalties will accumulate on these amounts during this period.
Sociétés de développement commercial de Montréal (SDC): Urban delivery service provided to merchants
A service that will provide non-essential services with a means of getting their products to clients. Companies offering meals, frozen foods and products that cannot be left at room temperature for more than an hour are excluded from this delivery service. Neighborhood stores can express their interest in participating in this program by contracting their local SDC.
Government of Alberta: Relaunch Funding
Alberta will help eligible businesses that were affected by mandatory closures–or that remained open but were severely affected,–to re-open and adapt to the new public health guidelines through a grant of up to $5,000. The funds may be used for various expenses essential to business continuity (such as rent or salaries) as well as non-medical PPE and other equipment.
Government of Alberta: Payments and Tax Deferrals
The Government of Alberta has announced the following tax and payment deferrals, including:
- Deferral of corporate income tax balances and installment payments from March 19 until August 31, 2020 to increase employers’ access to cash so they can pay employees, address debts, and continue operations.
- Deferral of electricity and natural gas bill payments for the next 90 days for residential, farm, and small commercial customers. Call your utility provider directly to arrange the deferral.
Government of Alberta: Utility Payment Deferral
Residential, farm, and small commercial clients can work with their respective energy providers to defer their electricity and natural gas bills until June 19th, 2020 with no added interest.
In order to be eligible, clients must:
- have been diagnosed with COVID-19;
- have been directed by health authorities to self-isolate;
- have lost their job;
- be taking care of a family member
Albertans in arrears or behind in payments before the deferral program launched on March 18th are also eligible for a deferral.
Government of Alberta: Alberta Bits and Pieces Program
A call for products and services that can help deal with COVID-19 can manifest their interest through this form.
Government of Alberta: Site Rehabilitation Program
This program will provide grants to eligible oil and gas industry contractors to close up inactive pipelines and other oil and gas exploitation sites. Projects submitted to this program could see 100% of their eligible costs covered.
There will be multiple application periods, each catering to specific types of projects, sites, and costs.
Canada Agricultural Partnership: Agriculture Training Support
Eligible Alberta farms and agribusinesses could benefit from a grant of up to $2,000 per eligible new employee (up to $50,000 per employer) to cover various training costs or the purchase of PPE or other materials and equipment related to public health measures.
BC Arts Council: Arts and Culture Resilience Supplement
This $3-million fund will help support B.C.’s art and culture sector by providing operating and eligible projects with $15,000 to help them pay their bills. Operating clients will also be eligible for a 50% advance on their 2020-21 funding in order to increase their cashflow.
Creative BC: Amplify BC
Amplify BC is adapting many of its programs to the new COVID-19 reality in order to better support British-Columbia’s musical artists, production companies, concert venues, and event organizers.
Government of Manitoba: Manufacture or Supply for Manitoba
Manitoba manufacturers and businesses that are ready to scale up or re-tool their manufacturing capacity in order to help in the fight against COVID-19, as well as suppliers and distributors with inventory or established channels to products that could help fight COVID-19, should fill out this submission form.
Government of Manitoba: Extended Tax Deadlines
Manitoba has extended the April and May tax filing deadlines for the Retails Sales Tax (RST) until June 22nd, 2020 for small and medium businesses with monthly RST remittances of no more than $10,000. Businesses that file on a quarterly basis that have a due date of April 20th, 2020 have had the due date extended to June 22, 2020.
Government of Manitoba: Back to Work this Summer
This program will provide a wage subsidy to eligible Manitoba businesses to encourage them to hire or re-hire employees that they laid off as a result of the economic impact of COVID-19. The wages of up to 5 employees hired on or after June 22nd, 2020 could be subsidized up to 50%. A maximum of $5,000 per employee will be available.
This program is intended for smaller businesses that have not benefited as much from previous measures targeted to larger companies.
Employers can benefit from this program at the same time as the Manitoba Summer Student Recovery Jobs Program, but they must be using it for different positions, and, if combined, there is still a 5 employees maximum to the number of salaries that can be subsidized.
Government of New Brunswick: General Measures for Businesses
- Late penalties accumulated on business property taxes due on May 31st will be evaluated on a case-by-case basis. Undue financial challenges such as business closures caused by COVID-19 will be taken into account and late fees may be waived.
- Existing provincial loan and interest repayments could be deferred for up to six months.
Government of New Brunswick/Community Business Development Corporations (CBDCs): Working Capital Loans for Small Businesses
Loans of up to $100,000 will be allocated to eligible small businesses to help them respond to challenges associated with COVID-19. Examples of eligible small businesses include restaurants, seasonal tourism operators, service sectors, and self-employed business owners impacted directly by the pandemic. These loans will be interest-free for the first 6 months.
Government of New Brunswick: Working Capital Loans for Mid-to-Large Employers
Opportunities New Brunswick (ONB) will make support available to mid-to-large-sized employers. ONB will also provide –upon request–working capital in excess of $100,000 to help large employers manage the impacts of COVID-19 on their operations.
WorkSafeNB: Deferral of Assessment Premiums
WorkSafeNB has announced that assessment premiums related to employer payrolls for March, April and May will be deferred for three months without interest charges.
Northwest Territories Business Development and Investment Corporation: Deferred Loan Payments
From April 1st to September 24th, 2020, clients of the Business Development and Investment Corporation (BDIC) can apply to reduce or defer up to three months of loan payments without penalty or additional interest charges. Regular interest will still be charged. Businesses are automatically approved and not required to demonstrate financial hardship or impacts resulting from the COVID-19 crises. Businesses only need to notify their Department of Industry Tourism and Investment regional office that they wish to suspend their payments and specify the three month time period in which they need the suspension to take effect.
Government of Nova Scotia: Payment Deferrals
The Nova Scotia government will defer payments until June 30th, 2020 for:
- All government loans, including those under the Farm Loan Board, Fisheries and Aquaculture Loan Board, Jobs Fund, Nova Scotia Business Fund, Municipal Finance Corp, and Housing Nova Scotia
- Small business renewal fees, including business registration renewal fees and workers compensation premiums
Nova Scotia is also making changes to the Small Business Loan Guarantee Program, including deferring principal and interest payments until June 30th, which will make it easier for businesses to access credit up to $500,000. For those who might not qualify for a loan, the government will guarantee the first $100,000.
Government of Nova Scotia: Internet for Nova Scotia Initiative
The Nova Scotia Government will provide $15 million to internet providers for the purposes of completing projects related to the Internet for Nova Scotia Initiative, with the goal of improving internet access and easing Nova Scotians’ ability to work from home.
Nunavut Department of Economic Development and Transportation Services: Small Business Support Program – Special COVID-19 Grants
Nunavut small businesses can access short-term relief in the form of a $5,000 non-repayable contribution.
Ontario Ministry of Finance: Employer Health Tax Exemption
This tax exemption has been bonified from $490,000 to $1 million for 2020 in order to relieve some of the tax burden on eligible Ontario employers.
Government of Ontario: WSIB Deferment
$1.9 billion will go to the Workplace Safety and Insurance Board (WSIB) to allow employers to defer their payments by up to six months.
Government of Ontario: School Tax Deferment
The upcoming June 30th deadline for municipal remittance of education property tax will be deferred by 90 days. This will enable municipalities to pass this deferral along to businesses and residents.
Government of Ontario: Regional Opportunities Investment Tax Credit
This new refundable Corporate Income Tax Credit is designed to support regions where employment growth is lagging behind the rest of Ontario. It will help eligible businesses to save up to $45,000 (10% tax credit rate) on the construction, renovation or acquisition of commercial or industrial buildings.
Ontario Ministry of Finance: Interest and Penalty Relief for Businesses
Ontario businesses who are unable to file or remit select provincial taxes on time, due to the special circumstances caused by the coronavirus (COVID‑19) in Ontario, will benefit from a five-month relief period to file or pay them. The payments remain due at the normal dates, but no late fees or interests will accumulate for five months, starting on April 1st, 2020. This relief is automatic, that is businesses that find themselves unable to meet tax deadlines do not need to contact the Ontario Ministry of Finance to notify them.
Ontario Call for Suppliers and Solutions: Emergency Products
Producers, manufacturers and suppliers are invited to fill out this form if they have any supplies which can be used to fight COVID-19.
Government of Ontario: Innovative Solutions
Suppliers and innovators are invited to submit proposals to help address the spread and impact of COVID-19. Businesses that can support virtual mental health services, supply chain monitoring, or financial advice for small businesses are invited to submit their proposals.
Ontario Centres of Excellence: COVID-19 Collaboration Platform
OCE is looking to match collaborators with access to assets, technologies or products which could be instrumental in fighting the COVID-19 virus.
Government of Prince Edward Island/Skills PEI: Worker Assistance Program (Emergency Relief)
This program will provide financial support to employers so that they can support their workers as they work reduced hours due to the economic impact of COVID-19. PEI private sector businesses or non-profits where employees have experienced a reduction of at least 8 hours per week during the two week period between March 16th and March 29th, 2020 can be eligible for financial support.
Employers who meet the program criteria are eligible to receive the following:
- A maximum of $250 per week for each employed worker that experienced a reduction of at least 8 hours per week during the two week period (Ex. An employed worker who typically works 40 hours/week was reduced to a minimum of 32 hours/week).
The program is accepting applications until April 15th, 2020
Finance PEI: Emergency Working Capital Financing
This new loan program will help qualifying companies maintain normal business operations during these difficult times. Eligible applicants can apply to receive a working capital loan of up to $100,000 with a fixed interest rate of 4% per annum to be used to assist with fixed operating costs.
To be eligible, a business must:
- be located, operating, and generating revenue in the Province of PEI
- be registered to conduct business within the Province of PEI
- have a satisfactory credit rating and no efaulted outstanding debt obligation on file in the Province’s Central Default Registry
Investissement Québec: Concerted Temporary Action Program for Businesses (PACTE)
This measure is designed to shore-up Quebec businesses’ working capital in response to temporary difficulties they may be experiencing as a result of COVID-19. To be eligible for funding, they must demonstrate that:
- their financial structure offers realistic prospects for profitability outside of these extraordinary circumstances. Financing can also take the form of a loan from Investissement Québec, but guarantees will be the preferred funding method.
- their cash flow issues are temporary and that the liquidity shortage stems from:
- A problem involving the supply of raw materials or products (goods or services)
- An inability, or a substantially decreased ability, to deliver goods, products or services
Quebec Ministry of Tourism: Regional Tourism Partnerships
This program funds projects according to three streams, two of which are reserved for COVID-19 struggles encountered by the tourism industry in Quebec:
- Stream one is intended to help tourism businesses adapt their workplaces to meet the new public health guidelines regarding COVID-19.
- Stream two will focus on collective projects that will help tourism-sector SMEs to adapt to the new COVID-19 guidelines and restrictions.
Businesses must contact their regional tourism associations in order to access the application form and obtain more details about the program. Funding amounts will depend on the specifics of each project.
Investissement Québec: PACTE Tourism Industry Stream
The new stream of the Concerted Temporary Action Program for Businesses offers the same loan guarantees as it does to all other eligible sectors, with a few new, advantageous conditions for the tourism sector:
- A 24-month moratorium on reimbursement of capital;
- A repayment term of up to 60 months after the end of the moratorium;
- And no minimum loan amount
Quebec Ministry of Tourism / Investissement Québec: Support for the Development of Tourism Attractions – Component 2: Hotel Renovation Fund
This new stream of the “PADAT” will provide term loans to eligible hotels for the purposes of facilitating major renovations in order to boost the tourism sector in Quebec after COVID-19. Loan amounts will range from $100,000 to $5 million and cover up to 80% of eligible expenses. All costs directly related to the approved construction or renovation activities could be deemed eligible, including equipment and furniture expenses, among others.
Innovation, Science and Economic Development Canada: COVID-19 Challenge – Low-Cost Sensor System for COVID-19 Patient Monitoring
This challenge is a call to create a low-cost patient monitoring system that can be used in hospitals or by home-bound patients to rapidly detect changes in a patient’s condition and determine the appropriate level of care.
Innovation, Science and Economic Development Canada: COVID-19 Challenge — Point of Care and Home Diagnostic Kit for COVID-19
This call is a challenge to develop a new at-home testing kit which could accurately detect the virus within 3 days of the start of symptoms in a patient.
A 70% loan guarantee for qualifying Quebec businesses that are affected by COVID-19 and operating in a SODEC supported sector.
Government of Quebec: Emergency Support for Small and Medium-Sized Businesses
As short-term support, Quebec government will offer loans or loan guarantees of up to $50,000 to Quebec SMEs.
Eligible businesses include:
- Those in all sectors that are otherwise viable
- Those significantly impacted by COVID-19
- Those that have cash flow issues directly related to the impacts of the pandemic
Financière agricole du Québec (FADQ): Loan guarantee
FADQ financing clients experiencing temporary cash flow issues due to the COVID-19 pandemic can now access loan guarantees for loans of up to $50,000.
Financière agricole du Québec (FADQ): Tax Deadline Extended
The deadline for filing the personal income tax return has been extended to June 1st, 2020. Both individuals and businesses will have until August 31st, 2020, to pay their income tax due for the 2019 taxation year.
Quebec Ministry of Tourism: Tourism Industry Support
The Quebec government has announced several measures that will benefit the tourism industry, hard hit by COVID-19. A total of $750 million is expected to be spent across various programs and measures.
Saskatchewan Ministry of Finance: Saskatchewan Small Business Emergency Payment Program
Saskatchewan businesses with fewer than 500 employees that have been mandated to close or significantly curtail their operations to counter the spread of COVID-19 could receive a grant equal to 15% of their April 2019 or February 2020 sales (up to $5,000). Seasonal businesses can receive up to 15% of their average monthly sales based on the full months that they carried on operations in 2019 (up to $5,000). Not-for-profit organizations are also eligible.
Government of Yukon: Increase to Tourism Cooperative Marketing Fund
The Department of Tourism and Culture has announced a one-time, $1 million increase to the Tourism Cooperative Marketing Fund (TCMF) in the interest of helping support more businesses in the summer when the pandemic subsides. Where the fund previously covered 50% of marketing costs it will now cover 100%. It will also be extended to cover initiatives targeting people already in the Yukon.
Government of Yukon: Temporary Support for Events Funding Program
This program will help Yukon businesses and non-government organizations (NGOs) affected by the cancellation of major events due to COVID-19 recover certain costs. Any event expecting more than 50 participants that was cancelled between March 7th, 2020 and July 31st, 2020as a result of COVID-19 could be eligible for reimbursement.
Government of Manitoba: General Economic Measures
Until October 1st 2020:
- Manitoba Hydro, Centra Gas, Workers Compensation Board and Manitoba Public Insurance (MPI) will not charge interest or penalties.
- Manitoba Hydro and Centra Gas will not disconnect any customers.
- MPI will relax ordinary practices on policy renewals and collections.
- Interest will not be charged on education property taxes.
- Manitoba Liquor and Lotteries will not charge restaurants receivables.
Government of Nova Scotia: COVID-19 Economic Budget
Small and medium-sized businesses in Nova Scotia will receive $161 million to help them weather the economic storm caused by COVID-19.
Ontario Ministry of Finance: Economic Support in Response to COVID-19
The government of Ontario has pledged $17 billion to fight COVID-19. Of this amount, $200 million will provide emergency support for individuals experiencing financial difficulties, and to municipalities and other services so they can quickly respond to local needs. How this amount will be divided and administered has yet to be disclosed.
A $1.5B increase in electricity cost relief will make electricity bills more affordable for eligible residential, farm, and small business consumers. In addition, the Province is also setting electricity prices for time-of-use customers at the lowest rate, known as the off-peak price, 24 hours a day for 45 days, to support ratepayers in their increased daytime electricity usage as they respond to the COVID‑19 outbreak.
Other measures (with no clear guidelines to date) include:
- $200M for research institutions, industry, and nonprofit scientific partners to develop tools and resources to combat COVID-19 and related diseases.
- $100M in skills training for workers affected by the outbreak.
Municipal Government of Montreal: Emergency Aid Fund
The municipal government is allocating $5 million to support targeted industries, specifically trade, social entrepreneurship, tourism, and creative and cultural activities.
For more information, call the business support hotline (below).
Municipal Government of Montreal: Business Support Hotline
Montreal is offering a hotline for small business owners looking for general information about assistance programs as well as answers to questions about support measures offered by the city. The hotline is open 8 a.m. to 5 p.m., Monday to Friday.
To decrease wait times on calls, business owners are encouraged to ask their questions via a short online questionnaire. They will receive an answer from a city economic development advisor within four hours, between 8 a.m. and 5 p.m., Monday to Friday.
Fill out the form (French).
Or call: 514 394-1793
PME MTL: Automatic, Interest-Free Moratorium
The PME MTL network is partnering with the Fonds de solidarité FTQ to offer an automatic, six-month moratorium on capital and interest to private and social economy businesses that have received a loan through the PME MTL fund, Fonds Locaux de Solidarité, and Fonds de commercialisation des innovations. This measure is effective as of March 19th, 2020.
Clients of PME MTL can contact their advisor for more information.
The Montreal General Hospital Foundation/Research Institute of the McGill University Health Centre (RI-MUHC): Code Life Ventilator Challenge
This global innovation challenge is backed by a prize of $200, 000. The goal is to design an easy-to-manufacture-and-use ventilator that could help save the lives of COVID-19 patients. They should be easy to build locally and, ideally, with widespread, rapid manufacturing tools (ex. 3D printers or CNC machines) combined with low-cost computers (e.g. smartphones, Arduinos, etc.) The top three designs will be available for free download to anyone who needs them.
City of Edmonton: Edmonton Economic Recovery Grants: Phase 1
Phase 1 of the Edmonton Economic Recovery Grants will be delivered as micro grants ranging from $1,000 to $5,000. Businesses may use these funds to purchase equipment and services needed to adapt their business to the new public health measures and allow them to resume their activities more quickly. Eligible businesses can come from any sector of activity, but must demonstrate that they have experienced significant financial hardship as a result of the pandemic and the related public health closures, restrictions, and measures.
Businesses can apply every Monday of the intake period, which will end in December 2020.
Municipal Government of Toronto: Economic Support & Recovery Task Force
Toronto has assembled a task force to create immediate and longer-term economic recovery strategies for residents and businesses, with a focus on supporting those industries most impacted by COVID-19, such as tourism, hospitality, and entertainment.
No new federal or provincial programs have been announced to date.
For general information about COVID-19, visit the Government of Canada.
Stay home and stay healthy!