Information to help your business take action during the COVID-19 crisis
Last updated on April 1st, 2022
Financial relief for entrepreneurs
Learn more about options for accessing credit to support you through to a more stable time.
Support for businesses
Access to credit
Small Business Loan
Up to $100,000 online for businesses who have been in operation for at least 24 months and are generating revenues.
Learn moreOther relief programs
Tourism and Hospitality Recovery Program
This program provides support through the wage and rent subsidy programs, to hotels, tour operators, travel agencies, and restaurants, with a subsidy rate of up to 75 per cent.
Learn moreHardest-Hit Business Recovery Program
This program provides rent and wage support to other businesses that have been deeply affected since the outset of the pandemic, with a subsidy rate of up to 50 per cent.
Learn moreLarge Employer Emergency Financing Facility
Bridge financing providing additional liquidity for large businesses whose needs are not being met to keep operations going through conventional financing during the pandemic.
Learn moreRegional Relief and Recovery Fund
Additional funds for businesses and organizations unable to access other support measures and impacted by the COVID-19 pandemic in sectors key to the regions and to local economies.
Learn moreCanada Emergency Wage Subsidy (CEWS)
Employers may be eligible for a subsidy of 65% of employee wages for up to 24 weeks to re-hire workers laid off as a result of COVID-19. This measure is to help create over 1 million jobs and restore employment to the level it was before the pandemic. The Canada Emergency Wage Subsidy is extended.
Learn moreLocal Lockdown Program
Program expanded to employers subject to public health restrictions. Wage and rent subsidies available, up to a maximum of 75%.
Learn moreCanada Worker Lockdown Benefit
Income support to eligible workers who are directly impacted by a COVID-19-related public health lockdown, and who have lost 50% income.
Learn morePast programs
100% guaranteed loans of $25,000 to $1 million to cover operational cash flow in response to COVID-19, available through your financial institution until March 31, 2022 (ended).
View detailed statisticsMid-Market Financing Program
Junior loans ranging between $12.5 million and $60 million for medium-sized businesses particularly impacted by the COVID-19 pandemic; available until or before December 31, 2021 (ended).
Co-Lending Program
Up to $12.5 million for your operational cash flow requirements; available until or before December 31, 2021 (ended).
A number of measures, in addition to access to credit, have been put in place through the Government of Canada’s Economic Response Plan to help you through these trying times. We invite you to consult these pages to find out what measure best fits your needs.
Frequently asked questions
Find answers to the most commonly asked questions on the special programs listed on this page, eligibility and processing times during the COVID-19 pandemic.
BDC products and services
Eligibility
Articles and tools
Resources to help your business get back on track.
Profit from technology: Digital tools to drive efficiency and revenue
Get back on track by making your operations more efficient and profitable.
COVID-19: Making your business resilient for the pandemic and beyond
Prepare and prepare some more.
How to manage your team remotely during a crisis
Frequent and regular contact keeps employees ‘in the loop’.
Cash flow
Tools to project your short- and long-term cash flow, plus articles and quick tips to adjust your cash cycle.
Contact us
Are you a BDC client?
We encourage you to reach out to your account manager.
Not a BDC client?
If you’re looking for financing for your business, take a look at our business loans.