The federal government has announced some new funding for small and medium sized businesses impacted by COVID-19, and we continue to advocate for parallel provincial protections. For a list of the federal and provincial funding available to your business, fill out the online tool at innovation.canada.ca
Also announced by the federal government is a 10% wage subsidy for small businesses for the next 90 days, up to a maximum of $1,375 per employee, and $25,000 per employer. More details of this are expected to be made available soon.
The City of Toronto has announced a range of economic support and recovery measures for individuals and businesses impacted by the COVID-19 pandemic. Learn more here.