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The Town of Niagara-on-the-Lake recognizes the challenges local businesses are facing as a result of COVID-19. The Town remains committed to working with different agencies and levels of government, to advocate for support for businesses to help overcome these challenges and recover from this pandemic.
Numerous Gift Cards to Local Businesses Offered as Prizes to Social Media Campaigns
Business Owners and Operators: Please see the list of programs below, along with some helpful links in the column to the right for available support.
Canada Recovery Benefit- Income support to employed and self-employed individuals who are directly affected by COVID-19 and are not entitled to Employment Insurance (EI) benefits. If eligible, you can receive $1,000 ($900 after taxes withheld) for a 2-week period. If your situation continues past 2 weeks, you will need to apply again. You may apply up to a total of 13 eligibility periods (26 weeks) between September 27, 2020 and September 25, 2021.
Canada Emergency Rent Subsidy - Canadian businesses, non-profit organizations, or charities who have seen a drop in revenue due to the COVID-19 pandemic may be eligible for a subsidy to cover part of their commercial rent or property expenses, starting on September 27, 2020, until June 2021.
Canada Emergency Business Account - Interest-free loans of up to $60,000 to small businesses and not-for-profits impacted by COVID-19 (increased from $40,000).Applicants who have received the $40,000 CEBA loan may apply for the $20,000 expansion.All applicants have until March 31, 2021, to apply for $60,000 CEBA loan or the $20,000 expansion.
Ontario Small Business Support Grant - Starting at $10,000 for all eligible businesses, the grant provides businesses with funding to a maximum of $20,000 to help cover decreased revenue expected as a result of the Provincewide Shutdown.
COVID-19 Energy Assistance Program (CEAP)- CEAP is a one time, on-bill credit for eligible residential electricity and natural gas customers - delivered directly by Niagara-on-the-Lake Hydro and Enbridge Gas, further to rules laid out by the Ontario Energy Board (OEB) - to help customers catch up on their energy bills and resume regular payments. A maximum credit of $750 is available. See application for eligibility and credit details.
The Town of Niagara-on-the-Lake recognizes the challenges local businesses are facing as a result of COVID-19. The Town remains committed to working with different agencies and levels of government, to advocate for support for businesses to help overcome these challenges and recover from this pandemic.
Numerous Gift Cards to Local Businesses Offered as Prizes to Social Media Campaigns
Business Owners and Operators: Please see the list of programs below, along with some helpful links in the column to the right for available support.
Canada Recovery Benefit- Income support to employed and self-employed individuals who are directly affected by COVID-19 and are not entitled to Employment Insurance (EI) benefits. If eligible, you can receive $1,000 ($900 after taxes withheld) for a 2-week period. If your situation continues past 2 weeks, you will need to apply again. You may apply up to a total of 13 eligibility periods (26 weeks) between September 27, 2020 and September 25, 2021.
Canada Emergency Rent Subsidy - Canadian businesses, non-profit organizations, or charities who have seen a drop in revenue due to the COVID-19 pandemic may be eligible for a subsidy to cover part of their commercial rent or property expenses, starting on September 27, 2020, until June 2021.
Canada Emergency Business Account - Interest-free loans of up to $60,000 to small businesses and not-for-profits impacted by COVID-19 (increased from $40,000).Applicants who have received the $40,000 CEBA loan may apply for the $20,000 expansion.All applicants have until March 31, 2021, to apply for $60,000 CEBA loan or the $20,000 expansion.
Ontario Small Business Support Grant - Starting at $10,000 for all eligible businesses, the grant provides businesses with funding to a maximum of $20,000 to help cover decreased revenue expected as a result of the Provincewide Shutdown.
COVID-19 Energy Assistance Program (CEAP)- CEAP is a one time, on-bill credit for eligible residential electricity and natural gas customers - delivered directly by Niagara-on-the-Lake Hydro and Enbridge Gas, further to rules laid out by the Ontario Energy Board (OEB) - to help customers catch up on their energy bills and resume regular payments. A maximum credit of $750 is available. See application for eligibility and credit details.
Please comment below to provide feedback regarding positive or negative experiences you've had with the business support programs listed above. This feedback will be recorded in order to assist the Town of Niagara-on-the-Lake as it continues to advocate for the support of local businesses.
Thank you for taking the time to send your feedback!
*Please note: comments with inappropriate language will be deleted.