COVID-19 Resources for Financial Relief
Throughout the COVID-19 crisis Central Counties will endeavour to provide links to resources available that provide financial relief.
Ontario Staycation Tax Credit
The temporary Ontario Staycation Tax Credit for 2022 aims to encourage Ontario families to explore the province, while helping the tourism and hospitality sectors recover from the financial impacts of the COVID-19 pandemic. Ontario residents can claim 20% of their eligible 2022 accommodation expenses.
Ontario Business Costs Rebate Program
The Ontario Government is introducing the new Ontario Business Costs Rebate Program to support businesses that are most impacted by public health measures in response to the Omicron variant.
Applications Opening January 18, 2022
Ontario COVID-19 Small Business Relief Grant
The government is announcing an Ontario COVID-19 Small Business Relief Grant for small businesses that are subject to closure under the modified Step Two of Roadmap to Reopen.
Tourism Relief Fund Application Form and Guidelines
The Tourism Relief Fund will provide a $500 M investment over two years (2021-2022 to 2022-2023), across Canada to support tourism business, including a minimum of $50 million dedicated to Indigenous Tourism initiatives, through investments to improve their offerings and adapt to public health measures for the short and long term.
Highly Affected Sectors Credit Availability Program (HASCAP)
Businesses heavily impacted by COVID-19 can access guaranteed, low-interest loans of $25,000 to $1 million to cover operational cash flow needs. These loans are for small and medium-sized businesses that have seen their revenues decrease by 50% or more as a result of COVID-19.
Ontario Small Business Support Grant
Starting at $10,000 for all eligible businesses, the grant will provide businesses with dollar for dollar funding to a maximum of $20,000 to help cover decreased revenue expected as a result of the Province-wide Shutdown.
Digital Main Street
If you are a small Ontario main street business seeking support to digitize your operations, register online for support through Digital Main Street. Funding is available through the Regional Recovery Relief Fund (RRRF) that provides support to help businesses, sectors and communities particularly impacted by the COVID-19 pandemic to recover and move toward a more stable future.
Central Counties 2020 PPE Reimbursement Fund
2020 is one for the history books. Regardless of whether your business was shuttered for months, or able to stay open with modified operating procedures, you had to endure unbudgeted expenses at a time when money was already tight. Central Counties would like to offset some of those costs by offering to pay 50% of your expenses up to a maximum of $1,000 ($2,000 total expense). Plexiglass, sanitizing stations, masks, stickers, etc., that you needed to help minimize the spread of COVID-19 by keeping your staff and guests safe are all eligible expenses for reimbursement.
FedDev Regional Relief and Recovery Fund (RRRF)
Businesses across southern Ontario unable to access existing relief measures can now apply for funding under new regional initiative.
Canada’s COVID-19 Economic Response Plan – Financial Supports
Access support programs for individual and businesses facing hardship as a result of the COVID-19 outbreak.
CRA My Business Account
Businesses applying to Federal government relief programs are encouraged to register on the CRA My Business Account. This account will enable direct deposit of funds and speed up the process of receiving relief.
Government of Canada Additional Support for Canadian Businesses
Additional investments provide support to financial institutions and allow them to quickly provide credit and liquidity options for a range of businesses. These measures are a part of the Government of Canada’s COVID-19 Economic Response Plan.
WSIB Financial Relief Package
The WSIB financial relief package allows businesses to defer premium reporting and payments until August 31, 2020.