3 Market Street West, Suite #1, Brockville, ON, K6V 7L2    phone 613.342.6553   email icon Email Us

facebooklinkedintwitter

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.

 

 

 

Comments
Login to post comments.