Canada Small Business Financing Program
The Canada Small Business Financing Program makes it easier for small businesses to get loans from financial institutions by sharing the risk with lenders. Up to a maximum of $1,000,000 for any one borrower, of which no more than $350,000 can be used for purchasing leasehold improvements or improving leased property and purchasing or improving new or used equipment. Financial institutions deliver the program and are solely responsible for approving the loan. For more information download the PDF pamphlet or find a lender near you.
The Government of Canada launches online calculator to help businesses apply for the new Canada Recovery Hiring Program
The Government of Canada launched an online calculator to help eligible employers prepare their CRHP applications. This calculator integrates the new CRHP with the Canada Emergency Wage Subsidy (CEWS), automatically showing applicants which subsidy will provide them with more support, based on the information they enter.
The Government of Canada invests in training to help workers across Canada become certified in the skilled trades
To help maintain a strong workforce and better position our country for a prosperous economic recovery, the Government of Canada is investing in the skilled trades to ensure that Canadians have the training they need to access good, well-paying jobs. The Government is making targeted investments, so that the key groups facing barriers -such as women, newcomers, Indigenous people, persons with disabilities, and Black and racialized Canadians - can better find work in the skilled trades through projects led by unions and their partner organizations.
The Black Entrepreneurship Loan Fund is a partnership between the Government of Canada, Black-led business organizations, and several financial institutions. It will provide loans up to $250,000 to Black business owners and entrepreneurs across the country.
Alberta Jobs Now Program
The Alberta Jobs Now program will provide up to $370 million to help private and non-profit businesses with job supports to get thousands of Albertans back to work.
Employers can apply for funding to offset the cost of hiring and training unemployed or underemployed Albertans in new or vacant positions.
This federal-provincial investment is the largest job training program in Alberta’s history. It will support our province’s recovery, help businesses re-open or grow their workforce, and give Albertans an opportunity to gain the skills they need in today’s job market.
This funding will help employers re-open or expand their operations.
Canada-Alberta Job Grant
The Canada-Alberta Job Grant is a training program where an employer applies on behalf of their present or future employees for eligible training costs. Employers decide who gets training and what type of training may be needed for their employees.
Funding provided by the Government of Canada through the Workforce Development Agreement.
Alberta Export Expansion Program
Funding to help export-ready companies and non-profit organizations enhance access to international markets and attract global buyers.
More information click here
Film and Television Tax Credit
Tax credit to support medium and large-scale productions filming in Alberta.
More information click here
Status Entrepreneur Assistance Program
This program provides equity assistance for the start-up or the expansion of small businesses for Status individuals.
More information click here
Covid Federal Grant Programs
The Canada Emergency Rent Subsidy provides a rent and mortgage subsidy for eligible expenses to qualifying businesses, charities and non-profits. This support is available directly to tenants and property owners.
This benefit is available until October 23, 2021
The Highly Affected Sectors Credit Availability Program provides businesses heavily impacted by COVID-19, access guaranteed, low-interest loans of $25,000 to $1 million to cover operational cash flow needs.
HASCAP is available to businesses that operate in sectors such as tourism and hospitality, restaurants and those that primarily rely on in-person services.
Business owners can apply for support until December 31, 2021
Through the Business Credit Availability Program, the Business Development Canada's (BDC) Mid-Market Financing Program will provide commercial loans ranging between $12.5 million and $60 million to medium-sized businesses whose credit needs exceed what is already available through the Business Credit Availability Program and other measures.
BDC anticipates that qualifying companies will have annual revenues in excess of approximately $100 million.
This support is available until December 31 2021.
Mid-Market Guarantee Program
Through the Business Credit Availability Program, EDC's Mid-Market Guarantee and Financing Program will bring liquidity to companies who tend to have revenues of between $50 million to $300 million, to sustain operations during this uncertain period. EDC will continue to work with Canadian financial institutions to guarantee 75% of new operating credit and cash-flow loans – ranging in size from $16.75 million to a maximum of $80 million.
These expanded guarantees are available to exporters, international investors and businesses that sell their products or services within Canada.
This support is available until December 31, 2021.
Covid Provincial Grant Program
Closed June 30, 2021