Resources

COVID Related Programs

Farm Grant Program

City of Ottawa Council approved a Farm Grant Program to provide financial relief to working farmers. The grant program will assist eligible farm property owners by allowing the June final tax instalment to be paid in December 2020.

Ontario Taxes and Covid 19 Relief Measures

WSIB Financial Relief Plan

The financial relief package allows businesses to defer premium reporting and payments until August 31, 2020. Businesses who report and pay monthly, quarterly or annually based on their insurable earnings are eligible for this deferral.

To continue to help reduce the financial burden on businesses during the COVID-19 pandemic, any repayment of deferred WSIB premiums will not begin before January 2021. We will provide more information on the repayment installment schedule for deferred amounts, along with 2021 premium rate information, in the fall.

Any employer participating in the financial relief package will have to report deferred amounts by October 31, 2020. Regular monthly and quarterly reporting and payment schedules will resume in September 2020 for all businesses.

Ontario Energy Board

To support families, small businesses and farms while Ontario plans for the safe and gradual reopening of the province, the Government of Ontario has introduced a new fixed electricity price of 12.8 ¢/kWh for customers that are on time-of-use (TOU) prices. Effective June 1, 2020, that price applies to electricity used at all hours of the day, seven days a week. Having the same price apply at all hours of the day is a more predictable way to pay for power at a time when Ontarians continue to work and learn from home.

LARGE EMPLOYER EMERGENCY FINANCING FACILITY (LEEFF)

As a federal Canadian Crown Corporation established to manage investments assigned to it, CDEV has been mandated to implement the Government of Canada’s Large Employer Emergency Financing Facility in cooperation with Innovation, Science and Economic Development Canada (ISED) and the Department of Finance.
 
 
As a Canadian employer who has seen a drop in revenue due to COVID-19, you may be eligible for a subsidy to cover part of your employee wages, retroactive to March 15. This subsidy will enable you to re-hire workers, help prevent further job losses, and ease you back into normal operations.
 
Interest-free loans of up to $40,000 to help cover operating costs during a period where revenues have been temporarily reduced due to the COVID-19 pandemic, available through most financial institutions.
 
 
To cover payroll and operating costs caused by the current economic situation.
 
 

Up to $12.5 million for your operational cash flow requirements, co-financed by BDC and your primary financial institution.

Mid Market Financing Program

Junior loans ranging between $12.5 million and $60 million for medium-sized businesses particularly impacted by the COVID-19 pandemic and/or the recent decline in oil and gas prices.

FedDev Ontario

Regional Relief and Recovery Fund

The Regional Relief and Recovery Fund (RRRF) provides financial contributions (interest-free loans) to help support fixed operating costs of SMEs, where business revenues have been affected by the COVID-19 pandemic and they have been unable to access other Government of Canada measures.

The Fund, valued at more than $962 million nationally, is delivered by Canada’s six regional development agencies.

In southern Ontario, $252.4 million is available through FedDev Ontario.

Business Networks

OBIAA Ontario Business Improvement Area Association

International Downtown Association

Restaurants Canada (The Voice of Foodservice)

Ontario Restaurant Hotel and Motel Association

Professional Convention Management Association

Canada Business Network

Meeting Professionals International

Ontario Network of Entrepreneurs

Canada Chamber of Commerce

Bosses Helping Bosses Facebook Group (Ottawa Businesses)

Food and Beverage Industry Ottawa Facebook Group