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January 2022

Updated: COVID-19 GOVERNMENT SUPPORTS - Federal and other supports

JANUARY 12, 2022

FEDERAL

For a full overview of programs provided by the Canadian government, click here.

To access the Business Benefits Finder to determine the best program and service for your
organization, click here.

Note: The repayment deadline for the Canada Emergency Business Account (CEBA) is being extended to December 31, 2023.

  This applies to all eligible borrowers in good standing.

  Repayment on or before the new deadline will result in loan forgiveness of up to a third of
      the value of loans (up to $20,000).

Note: The repayment deadline to qualify for partial forgiveness of the Regional Relief and Recovery Fund is being extended to December 31, 2023.

Business

Wage and hiring supports

    Employers may be eligible for a subsidy to cover part of employee wages. In each applicable

claim period, employers can claim one of the following- whichever gives the highest amount:

o   Tourism and Hospitality Recovery Program

o   Hardest-Hit Businesses Recovery Program

o   Canada Recovery Hiring Program

     To calculate the amount available to your organization in wage/hiring support, click here.

     To apply to the wage and hiring support, click here.

 

    Tourism and Hospitality Recovery Program

o   Organizations in the tourism, hospitality, arts, entertainment, and recreation sectors
      affected by a qualifying public health restriction may be eligible for funding.

  Eligibility: Must meet 3 conditions: More than 50% of eligible revenue

comes from the tourism/entertainment sector, a 12-month average revenue drop of at least 40% from March 2020 to February 2021, and a claim period revenue drop of at least 40%.

  Timeline: Effective until May 7, 2022.

o   OR qualify under the Local Lockdown Program

  Available for eligible organizations, regardless of the sector (organizations do
      not need to be in the tourism, hospitality, arts, entertainment, and recreation
      sectors.)

  Eligibility: Must meet 2 conditions: Organization was affected by a

qualifying public health restriction and a claim period revenue drop of at least
40%.

  PROPOSED CHANGES: Include employers subject to capacity-limiting
      restrictions of 50% and reduce the current-month revenue decline threshold
      requirement to 25%

  Eligible employers will receive wage and rent subsidies from 25% up
      to a maximum of 75%, depending on their degree of revenue loss.

  Hardest-Hit Business Recovery Program

o   Organizations that do not qualify for the Tourism and Hospitality Recovery program
      may qualify for funding.

o   Eligibility: Must meet 2 conditions: a 12-month average revenue drop of at least

50% from March 2020 to February 2021 and have a claim period revenue drop of at
least 50%.

o   Timeline: Effective until May 7, 2022.

  Canada Recovery Hiring Program

o   Each claim period, eligible employers can claim either the higher of the Canada
      Recovery Hiring Program or the wage portion of the Tourism and Hospitality
      Recovery Program or the Hardest-Hit Business Recovery Program.

o   Timeline: Effective until May 7, 2022.

Other Business Supports

     Jobs and Growth Fund

o   Eligible businesses, not-for-profits, and indigenous organizations may be eligible for
      funding to support the transition to a green economy, activities supporting an
      inclusive recovery, digital adoption projects, and projects supporting Canada’s
      economic growth.

o   Eligibility: Interest-free repayable contributions for up to 50% of eligible costs and
      eligible not-for-profit organizations could receive non-repayable contributions for up
      to 90% of eligible costs.

  Indigenous clients may be eligible for 100% of eligible project costs for
      projects.

o   Timeline: Applications are accepted on a continuous intake basis until funding is
      allocated.

o   Click here to contact a FedNor Officer for further details on eligibility and how to
      apply.

     Work-Sharing Program

o   A Work-Sharing agreement is a 3-party agreement involving employers, employees,
      and Service Canada to help employers and employees avoid layoffs when: there is a
      temporary decrease in the normal level of business activity, and the decrease is
      beyond the control of the employer

o   Special measures for COVID-19 include extending the duration of agreements by an
      additional 38 weeks. That brings the total to 76 weeks (regardless of how many
      weeks a business has used before March 14, 2020) followed by a possible new 26-
      week subsequent agreement. Additional flexibility during COVID-19 is provided.

o   Timeline: Special COVID-19 measures are in effect until September 24, 2022.

  Highly Affected Sectors Credit Availability Program

o   Organizations operating in the tourism, restaurant, and in-person services may be
      eligible for guaranteed, low-interest loans of $25,000 to $1 million to cover
      operational cash flow needs.

o   Eligibility: Organization’s financial institution will determine eligibility based on the
      eligibility criteria.

o   Timeline: Applications open until March 31, 2022.

  Large Employer Emergency Financing Facility

o   Eligible large employers may qualify for bridge financing to meet needs that are not
      being met with conventional financing.

o   Eligibility: Organization has a significant impact on Canada’s economy,

demonstrates approximately $300 million or more in annual revenues, and requires a minimum loan size of about $60 million.

Indigenous

  Indigenous Community Business Fund

o   Indigenous business owners can apply for non-repayable financial contributions to
      support their organizations impacted by COVID-19.

o   Timeline: Applications are accepted on a continuous basis until funding is allocated.

o   Email: aadnc.ledontario.aandc@canada.ca

o   Telephone: 647-920-9516

  Indigenous Community Support Fund

o   Indigenous leadership and organization can apply for funding to design and
      implement community-based projects to assist with COVID-19.

o   Timeline: The request process for needs-based support recently reopened.

  For formula-based funding allocated directly to First Nation, Inuit, and Métis
      Nation communities, there is no deadline or request process. The funding is
      flowing through existing agreements.

Individuals

Benefits

  Employment Insurance benefits and leave

o   Individuals may be eligible for funding if they lost their job through no fault of their
      own or cannot find a job.

o   If an individual is not eligible or has received the maximum of EI, they may be
      eligible to apply for the following:

  Canada Worker Lockdown Benefit
  Canada Recovery Sickness Benefit
  Canada Recovery Caregiving Benefit

  

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Updated COVID-19 GOVERNMENT SUPPORTS - Provincial

JANUARY 12, 2022

 

COVID-19 GOVERNMENT SUPPORTS

 

 

PROVINCIAL

For a full overview of programs provided by the Ontario provincial government, click here.

To contact the government with questions about the supports, call 1-866-668-8297 (1-866-ONT-
TAXS).

Call centres are open Monday to Friday: 8:30 a.m. to 5:00 p.m.

  Tel: 416-325-6691

  Toll-free: 1-855-216-3090

  TTY: 416-325-3408

  Toll-free TTY: 1-800-268-7095

Ontario COVID-19 Small Business Relief Grant

  Small businesses that are subject to closure under the modified Step Two of Roadmap to
      Reopen may be eligible to receive a one-time grant of $10,000.

  Eligibility:

o   Businesses that were required to close due to the public health orders implemented
      on January 5, 2022; and

o   Have fewer than 100 employees.

  If an organization previously qualified for the Ontario Small Business Support Grant, they
      will be pre-screened to verify eligibility and do not need to apply for this modified program.

  The following small businesses may be eligible:

o   Restaurants and bars

o   Facilities for indoor sports and recreational fitness activities (including fitness centres
      and gyms)

o   Performing arts venues and cinemas, museums, galleries, aquariums, zoos, science
      centres, landmarks, historic sites, botanical gardens, and similar attractions

o   Meeting or event spaces

o   Tour and guide services

o   Conference centres and convention centres

  Timeline: Applications will open on Jan 18, 2022 
Ontario Business Costs Rebate Program

  Organizations impacted by lockdown measures and closures can receive a portion of their
      property tax and energy costs in form of rebate payments during the period of being
      subjected to lockdown measures.

o   Organizations with capacity reduced to 50% will obtain 50% in rebates for their
      costs.

o   Organizations closed will obtain 100% in rebates for their costs.

  Eligibility: A comprehensive list of eligible business types will be available in mid-January.

  Timeline: Applications open January 18, 2022, with retroactive payments dating back to
      December 19, 2021.

Cash Flows

  Organizations will have a six-month interest and penalty-free period for most provincially
      administered taxes.

  Timeline: January 1, 2022, until July 1, 2022.

  Eligibility: The option to delay tax payments applies to the following taxes:

o   Employer Health Tax

o   Beer, Wine & Spirits Taxes

o   Tobacco Tax

o   Insurance Premium Tax

o   Fuel Tax

o   International Fuel Tax Agreement

o   Gas Tax

o   Retail Sales Tax on Insurance Contracts & Benefit Plans

o   Mining Tax

o   Race Tracks Tax

COVID-19 Worker Income Protection Benefit Program

  Ontario employers must provide eligible employees with up to three days of paid infectious
      disease emergency leave due to COVID-19 related reasons.

  Direct hotline for questions: 1-888-999-2248

  Timeline: Extended to July 31, 2022. Electricity-Rate Relief

  As of January 18, 2022, electricity prices will be set to the current off-peak rate of 8.2 cents
      per kilowatt-hour for 24 hours a day.

o   This is less than half the cost of the current on-peak rate.

o   The updated rate will be in effect for 21 days

  This will be applied automatically to residential, small businesses, and farms who are paying
      regulated rates set by the Ontario Energy Board and get a bill from a utility.

o   Applies to both Time-of-Use and Tiered rate plans.

 

 

 

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