519.326.2721

Canada United Small Business Relief Fund

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Everybody and every business is going to face challenges, obstacles and difficulties somewhere along the line. Challenges often times are the trigger points that help develop our character hone our skills and inspire creativity.  A Dutch proverb says, “The gem cannot be polished without friction, nor the man perfected without trials.” Problems may arise and cause delays in schedules and plans but delays are not denials. In his effort to develop a nickel-iron battery, Thomas Edison tested over 9,000 experiments without getting positive outcomes. While at his work bench continuing in his effort to achieve success, a long-time associate expressed his regrets to Edison for not getting any results. Edison quickly replied, “Results! Why man, I’ve gotten a lot of results. I know thousands of things that won’t work.”

Going it alone can be lonely and discouraging when working through difficulties. Seeking input, guidance, and counsel from trusted advisors can help you to see things from a different perspective, develop a strategy and stay focused on a solution.

Wendy Parsons
LDCC General Manager

New resources:

A live interview with an employment lawyer specifically talking about the return to work rules http://tbchamber.ca/june2-employment-law/
(https://www.ctvnews.ca/health/coronavirus/majority-of-canadians-work-refusal-claims-being-denied-amid-covid-19-1.4999369)
https://www.wvllp.ca/category/webinars-ondemand/Prime Minister announces support for students serving their communities and opportunties to gain paid work experience
https://pm.gc.ca/en/news/news-releases/2020/06/25/prime-minister-announces-support-students-serving-their-communitiesSmall Business Everyday: Reconnecting Shoppers with Small Businesses
https://www.smallbusinesseveryday.ca/business/

Poster “We’re Open; We Survive with Your Support” https://drive.google.com/file/d/1dY7k4UNm8SUQmBjZ9TNoEMWUxzjD-yvN/view
Poster “Thank You; We Survive with Your Support” https://drive.google.com/file/d/1jPcFTIB7YeCPMXywmMunWHwvXkAz1DKb/view

Canadian Business Resilience Network
https://www.canadianbusinessresiliencenetwork.ca/

Renting commercial property in Ontario
https://www.ontario.ca/page/renting-commercial-property-ontario

PM Announces New Mobile App
https://pm.gc.ca/en/news/news-releases/2020/06/18/prime-minister-announces-new-mobile-app-help-notify-canadians-covid

Prime Minister announces extension of the Canada Emergency Response Benefit
https://pm.gc.ca/en/news/news-releases/2020/06/16/prime-minister-announces-extension-canada-emergency-response-benefit

Canada Emergency Business Account (CEBA)
https://ceba-cuec.ca/


Monitor COVID-19

Stay up-to-date on the rapidly evolving situation, and on the nature of the virus itself, by frequently checking municipal, provincial, and national websites.


COVID-19 Government Announced Support – June 19 2020
For all older updates, please click here.

  • Page 14 Bullet 2–Provincial Government Support for Businesses– NEW –  June 19th  – Ontario and Canada invest in roads and bridges to support rural communities in Central and Eastern Ontario
  • Page 15 Bullet 3–Provincial Government Support for Businesses– NEW – June 18th  – Legislation to curb on-farm trespass, while preserving the right for lawful protests
  • Page 52 Bullet 47–Provincial Government Support for Individuals– NEW –  June 19th  – Ontario Prepares for the Safe Reopening of Schools
  • Page 53 Bullet 48–Provincial Government Support for Individuals– NEW –  June 19th – Ontario Makes Historic Investment in Public Education
  • Page 54 Bullet 49–Provincial Government Support for Individuals– NEW –  June 18th – Ontario Gradually Reopens DriveTest Centres: Commencing June 22nd
  • Page 118 Bullet 132–Federal Government Support for Individuals– NEW –  June 19th – Investing in the Future of Youth With Green Jobs in the Natural Resources Sectors: Applications Open

For all older updates, please click here.


  • Business Credit Availability Program (BCAP)
    The BCAP will allow the Business Development Bank of Canada (BDC) and Export Development Canada (EDC) to provide more than $10 billion of additional support, largest targeted to small- and medium-sized businesses (as defined by 499 employees or less).
  • Working capital loans of up to $2 million with flexible terms and payment postponements for up to 6 months for qualifying businesses
  • Postponement of payments for up to six months, free of charge, for existing BDC clients with total BDC loan commitment of $1 million or less
  • Reduced rates on new eligible loans.
  • HOW TO APPLY:
    BDC Website
    EDC Website

  • Mortgage Payment Deferrals
    The six largest banking institutions in Canada have made a commitment to work with personal and business banking customers on a case-by-case basis to provide flexible solutions to help them manage through various challenges.
    This support will include up to a six-month payment deferral for mortgages, and the opportunity for relief on other credit products.
  • HOW TO APPLY: 
    This will be done on a first come, first serve basis and requires a direct call to your bank.
    Here are the helplines for each institution:
    BMO: 1- 877-788-1923
    CIBC: 1-877-454-9030
  • Libro Credit Union:1 (800) 361-8222
  • Kindred Credit Union: 1 (833) 909-0014
  • RBC: 1-800-769-2511
    Scotiabank: 1-833-315-4357
    TD: 1-888-730-0075
  • WFCU Credit Union: 1-866-500-9328
    National Bank of Canada: 1‑844‑394‑4494

CHAMBER BUSINESS HELP, NEWS & ARTICLES

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