COVID 19 RESOURCES AND SUPPORT FOR CANADIAN BUSINESSES

Disclaimer: This document is subject to change and does not necessarily represent official, current or finalized information.

Resources for Suppliers

Public Services and Procurement Canada (PSPC)

Calling all suppliers – Help Canada combat Coronavirus disease (COVID-19)

In support of the Government of Canada’s whole-of-government response to Coronavirus disease (COVID-19), PSPC is asking suppliers about their ability to provide products and services.

If you are a business able to supply products and services in support of Canada’s response to Coronavirus disease (COVID-19), please complete this form.

 

National Research Council Canada (NRC)

Call to action: Canadian manufacturers needed to help combat COVID-19

Description: Prospective clients are to send a short summary of their offer to ic.mid-dim.ic@canada.ca. The most promising solutions will be selected for procurement, working with Innovative Solutions Canada.

NRC COVID-19 response

Description: Lists two programs that are working to provide solutions to the crisis.

  1. NRC Industrial Research Assistance Program (NRC-IRAP)

NRC IRAP will fund promising projects, or bring promising solutions for procurement into Innovative Solutions Canada. NRC IRAP will work with its federal partners to challenge the marketplace for innovative solutions to:

  • Personal protective equipment
  • Sanitization
  • Diagnostic and testing
  • Therapeutics
  • Disease tracking technology

If your company is involved in developing or producing any of the products or technologies listed above, please complete the online registration form below with all information.

  1. NRC COVID-19 Challenge Program

This program will bring together a national network of researchers and scientific facilities to address pressing needs and challenges. The COVID-19 Challenge Program, composed of teams of government, academic, and private-sector partners will address a range of medium-term Public Health Agency of Canada and Health Canada needs. Please complete the Expression of Interest for Challenge Program collaboration if this program applies to you.

Health Canada

Interim Order Notice

Description: An interim order is one of the fastest mechanisms available to the Government of Canada to help make health products available to address larger scale public health emergencies.

If you wish to submit an application for authorization under the Interim Order please contact the Medical Devices Directorate via email hc.devicelicensing-homologationinstruments.sc@canada.ca or call 613-324-7842.

For general inquiries about the licensing or authorization of medical devices in Canada; you can contact the Medical Devices Directorate at 613-957-7285 or hc.meddevices-instrumentsmed.sc@canada.ca.

Financial Resources

Government of Canada (Summary Information)

Resources for Canadian Businesses impacted by COVID-19 

Description: Comprehensive resource that lists key considerations for businesses:

Canada’s COVID-19 Economic Response Plan

Description: The Government of Canada is taking immediate action to support Canadian businesses facing financial hardship as a result of the COVID-19 pandemic. Decisions regarding these actions are still ongoing, but details so far include:

  • Supporting Canadian business through the Canada Account, which is used by the government to support exporters when deemed to be in the national interest. This will allow the government to provide additional support to Canadian companies through loans, guarantees or insurance policies during these challenging times.
  • Helping businesses keep their workers by proposing to provide eligible small employers a temporary wage subsidy for a period of three months. The subsidy will be equal to 10% of remuneration paid during that period, up to a maximum subsidy of $1,375 per employee and $25,000 per employer.
  • Flexibility for businesses filing taxes: The Canada Revenue Agency will allow all businesses to defer, until after August 31, 2020, the payment of any income tax amounts that become owing on or after today and before September 2020.
  • Temporary Work Sharing measures, extending the duration of Work-Sharing agreements by an additional 38 weeks, for a total of 76 weeks.

 

Trade Commissioner Service (TCS)

CanExport SMEs Updates 

Description: Summarizes changes for CanExport SME applicants and recipients. The FAQ has also been updated.

  • CanExport SME cannot approve any travel and related activities until new direction will be reflected in the advisory. All other market development activities will remain eligible for funding.

CanExport Innovation Updates

Description: Summarizes changes for CanExport Innovation applicants and recipients. The FAQ has also been updated.

Business Development Bank of Canada (BDC)

Support for entrepreneurs impacted by the coronavirus COVID-19

Description: As announced by the Finance Minister, BDC is increasing the amount of financing available to entrepreneurs during the COVID-19 outbreak. These measures include:

  • 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 6 months, free of charge, for existing BDC clients with total BDC loan commitment of $1 million or less;
  • Reduced rates on new eligible loans;
  • Additional details regarding Business Credit Availability Program (BCAP) measures, including industry specific support, to be announced in the coming days.

Additional financing includes:

Economic Development Canada (EDC)

Business Credit Availability Program (BCAP)

Description: 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, largely targeted to small and medium-sized businesses.

EDC has a suite of financial and insurance solutions to support businesses, who can also register for a MyEDC account for unlimited access to expert insights and trade information.

 

Employment and Social Development Canada (ESDC)

COVID-19 update

Description: This page lists details and resources related to:

  • Employment Insurance
  • Labour Program and federally regulated workplaces
  • Work-Sharing Program

Canada Revenue Agency (CRA)

Helping Canadians with the economic impact of the COVID-19 Pandemic

Description: The Canada Revenue Agency (CRA) has developed this page to provide updates on the fiscal measures taken by the Agency to help Canadians manage their tax and benefit affairs as this situation evolves.

Key updates include:

  1. The CRA is adapting its Liaison Officer serviceto support small businesses during COVID‑19. Through this service, the CRA offers help to owners of small businesses to help them understand their tax obligations. Traditionally available in-person, this service is now available over the phone.
  2. Flexibility for Businesses Filing: The Canada Revenue Agency will not contact any small or medium (SME) businesses to initiate any post assessment GST/HST or Income Tax audits for the next four weeks. For the vast majority of businesses, the Canada Revenue Agency will temporarily suspend audit interaction with taxpayers and representatives. 

Western Economic Diversification Canada (WD)

COVID-19 and the western Canadian economy

Description: WD is one of the Regional Development Agencies tasked to keep Canada’s economy stable. This page contains a Q&A section and pamphlet that describes the approach WD is taking with RDAs to support businesses through this crisis.

Guides and Tools

Small Business BC: 

Resources for Small Businesses during COVID-19. This page includes a Business Continuity & COVID-19 Checklist

 

PreparedBC: 

Guide for Tourism Operators and Emergency Plan for Tourism Operators

 

BC Centre for Disease Control:

Business Pandemic Influenza Planning Checklist

 

World Health Organization:

Getting your workplace ready for COVID-19

 

Active Funders in Canada:

List of government and private funding sources in Canada

 

Appendix 1 – Quick Chart for Emergency Benefits

Measure

Details

Implementation

Business Credit Availability Program (BCAP)

·       $10 billion in financial support via BDC and EDC to support SMEs.

·       EDC: please contact your existing EDC rep or contact them via 1 866 716 7201, or support@edc.ca

·       BDC has a specific page addressing COVID-19, please see here. For general inquiries, please call 1-800-INFO-BDC.

Immediately

Flexibility for Businesses Filing Taxes

·       Allow all businesses to defer, until after August 31, 2020, the payment of any income tax amounts that become owing on or after March 18th and before September 2020.  No interest or penalties will accumulate on these amounts during this period.

Immediately

Wage Subsidy for Employers

·       A temporary wage subsidy for eligible small businesses for a maximum of 3 months.

·       The subsidy will be equal to 10% of remuneration paid during that period, up to a maximum subsidy of $1,375 per employee and $25,000 per employer

Immediately

(Supporting legislation to follow)

Flexibility claiming EI

For Canadians without paid sick leave (or similar workplace accommodation) who are sick, quarantined or forced to stay home to care for children, the Government will:

·       Waive the one-week waiting period for those individuals in imposed quarantine that claim Employment Insurance (EI) sickness benefits.

·       Waive the requirement to provide a medical certificate to access EI sickness benefits.

·       Instructions on how to apply are available on Employment & Social Development Canada’s website here.

Immediately

Emergency Care Benefit

·       Details: Up to $900 biweekly, for up to 15 weeks, to provide income support to workers, including the self-employed, who have to stay home and don’t qualify for paid sick leave or employment insurance

·       Eligibility Requirements:

o   Workers, including the self-employed, who are quarantined or sick with COVID-19 but do not qualify for EI sickness benefits.

o   Workers, including the self-employed, who are taking care of a family member who is sick with COVID-19, such as an elderly parent, but do not quality for EI sickness benefits.

o   Parents with children who require care or supervision due to school closures, and are unable to earn employment income, irrespective of whether they qualify for EI or not.

·       Applications will open in April, at a date to be determined. When that happens, Canadians will be able to apply for them through CRA MyAccount or My Service Canada Account or by calling a toll-free number that has not yet been made public.

Early April

Emergency Support Benefit

·       Payments of undisclosed amounts to unemployed workers not eligible for EI

·       Applications will open in April, at a date to be determined. When that happens, Canadians will be able to apply for them through CRA MyAccount or My Service Canada Account or by calling a toll-free number that has not yet been made public.

Early April

Canada Child Care Benefit

·       $2B in payments through the Child Care Benefit

May