COVID-19 – Government benefits, subsidy and loan programs

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Current as of April 16, 2020

Following the official declaration of the COVID-19 pandemic by the World Health Organization, Canada’s Federal Government has introduced a number of stimulus benefits for individuals and businesses alike. These financial programs (some of which have been legislated) are meant to cushion the blow that so many Canadian business owners are facing, following the closure of all non-essential businesses, and the associated market downturn.

While the details of many of these programs are still being finalized, it is wise to examine all the options even in their early stages to determine whether your business is eligible to apply. Given that we do not know how long this economic downturn will last, it is advisable to familiarize yourself with all the available subsidies and be prepared to accept any extra financing that you may need in order to remain financially viable during this unprecedented time.

That is why we have gathered a list of all the available programs to date, and we will be updating this page as new information becomes available.

As the COVID-19 pandemic continues to unfold, we want to continue to assure you that Zeifmans remains 100% operational, with our partners and staff working safely from their homes. We encourage you to regularly check our COVID-19 Resource Centre, for our latest news, resources and helpful tips for your and your business as we navigate COVID-19 together.

For more specific information regarding your eligibility and the application process, please reach out to your trusted Zeifmans advisor.

To download your copy of COVID-19 – Government benefits, subsidy and loan programs, click here.