Government assistance reference document

Link to all federal programs here.

Payroll program

Canada Emergency Wage Subsidy

  • Enables you to receive a subsidy of 75% of payroll between March 15 and June 6.
  • The company must justify the request by a drop in revenue according to the following criteria:
    • 15% in March;
  • To apply and see other application conditions.
  • According to the new CRA requirements, you must calculate the temporary 10% grant (see next point) and enter the amount on line F.
  • After calculating the eligible amount, you must apply via My Business Account or a web form.
  • Here is a link to the web form to apply for the wage subsidy. You must select option 3 :
    • You will first need to click on “Receive a web access code” and complete the requirements, including providing the amount on line 22 of summary Q4 2018.
  • For more details, see the CRA’s Frequently Asked Questions or the Power Point presentation on the Reporter.
  • Interpretation document from CPA Canada that provides further guidance on eligibility and calculation methods.

Temporary 10% wage subsidy for employers

  • Enables you to receive a subsidy corresponding to 10% of the remuneration paid between March 18 and June 19.
  • Almost all companies are eligible, including NPOs. The condition is that you must be eligible for the ECD, i.e. have taxable capital of less than $15 million.
  • Can be based on the salary paid, i.e., the salaries included in the interval.
  • The grant can be claimed against the DAS or via a form that will be available later this year.
  • For more details, visit the ARC website.

Shared work program

Measures to promote access to credit

Emergency account for Canadian businesses

  • Eligibility requirements :
    • Q4 Summary 2019 payroll between $20,000 and $1.5 million;
  • Interest-free loan and repayment of 75% of the principal before December 31, 2022 will result in write-off of the remaining 25% (grant).
  • Must cover fixed costs during the crisis.
  • The application must be made online to the financial institution where the company has its current account on March1, 2020.

Emergency assistance for small and medium-sized businesses (Government of Quebec)

  • Maximum loan of $50,000.
  • Administered by the MRCs, applications must therefore be made directly to the MRCs or to the organizations responsible for economic development on behalf of the MRCs.
  • Interest rate 3%, 3-month moratorium, 36-month amortization.

Temporary concerted action program for businesses (PACTE)

  • Loan guarantee from Investissement Québec for 70% of the amount requested.
  • Intervention of $50,000 from IQ, for minimum loans of $71,500.
  • The request must come from the financial institution’s account manager.
  • The company must have been in operation for at least 2 years.

Loan guarantee for small and medium-sized businesses

  • BDC and EDC will provide guarantees for up to 80% of the new operating loans.
  • The remaining 20% will be paid by the financial institution, and this is where applications should be made.
  • The maximum loan size depends on the company’s sales.

Measure affecting commercial rent

Canada’s emergency assistance for commercial rent (not yet in effect)

  • Reduces the tenant’s rent by 75% for the months of April, May and June.
  • The governments of Canada and Quebec will pay 50% of the rent, and the lessor 25%.
  • An agreement MUST be reached between the lessor and the lessee.
  • The tenant company must demonstrate a 70% drop in revenues.
  • For more details, visit the CMHC website.
  • It is not yet possible to apply.
  • We’ll have more details on the dependencies in the next few days.

Measure involving subsidies for employee training

Concerted Action for Job Retention Program (PACME)

  • Reimburses up to 100% of training expenses.
  • Available until September 30, 2020.
  • Several eligible components, including Human Resources Management.
  • Program website.