The Regional Municipality Of York

ALERT: In response to the COVID-19 situation, York Region has declared a State of Emergency  |  Get the latest on our response to COVID-19  |  Information on re-opening and resuming business during COVID-19

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Business Grants, Subsidies and Loans

York Region remains committed to providing businesses with trusted, dependable and timely updates about COVID-19.

The business community has been impacted, and in response, various government levels and industry organizations have announced support programs. More details about these programs can be found at yorklink.ca

In response to the ongoing COVID-19 situation, York Region facilities are currently closed to the public. Our business services have been adjusted to support our business clients:

  • One-on-one consultations through the York Small Business Enterprise Centre and other Business Advisory Services have been moved to telephone consultations
  • Seminars, group sessions and workshops are being delivered through webinars

Additional resources and information for businesses in York Region can be found at yorklink.ca and yorksmallbusiness.ca. We will continue to evaluate and determine how best to serve our businesses.

If you have questions regarding the re-opening of businesses in York Region, please refer to our Re-opening and Resuming Business page.


COVID-19 Economic Impact Recovery Measures

York Region is committed to working and collaborating with all levels of government to implement economic recovery measures. Both the Province of Ontario and the Government of Canada have dedicated resources to ensuring our economy remains as strong as possible.

  • The Province of Ontario is investing up to $304 million to enhance the province’s response to COVID-19
  • The Government of Canada has announced an $82 billion package to help Canadians and businesses cope with the COVID-19 outbreak, including supports, wage subsidies and tax deferrals. The package includes $27 billion in direct supports and another $55 billion to help business liquidity through tax deferrals

For more information on what supports are available to businesses, visit yorklink.ca

York Regional Council approved the establishment of a task force and strategy to help businesses affected by the economic outcome of COVID-19. The task force will look at immediate and long-term economic recovery strategies and supports for those businesses most negatively impacted by COVID-19. Economic recovery initiatives will align with strategic goal of increased economic prosperity.


Information for Farmers

Farmers seeking information and clarification regarding temporary non-resident farm worker housing and isolation periods can contact Health Connection at 1-800-361-5653 (prompt 4) to speak with a Public Health Inspector:

  • Those who have travelled outside of Canada are required to self-isolate and not work for a period of 14 days starting from their arrival in Canada
  • During the 14-day period, the employer should supply the temporary farm worker with necessary supplies required to self-isolate (i.e., adequate food, potable water, toiletries etc.)
  • Temporary farm workers should not attend work if symptoms develop and isolate within the housing accommodation
  • If a temporary farm worker is unable to adequately isolate from other housemates, alternate arrangements must be made
  • Employers should facilitate arrangements to ensure that physical distancing of 2-metres is practiced in the workplace

Federal and Provincial Supports for Businesses

Financial support is being made available to help business owners experiencing challenges due to COVID-19. 

10% Temporary Wage Subsidy

  • The Temporary 10% wage Subsidy is a three-month measure that will allow eligible employers to reduce the amount of payroll deduction required to be remitted to the Canada Revenue Agency (CRA)
  • You are an eligible employer if you:
    • are a(n):
      • individual (excluding trusts),
      • partnership.
      • non-profit organization,
      • registered charity, or
      • Canadian-controlled private corporation (including a cooperative corporation) eligible for the small business deduction;
    • have an existing business number and payroll program account with the CRA on March 18, 2020; and
    • pay salary, wages, bonuses, or other remuneration to an eligible employee
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Agri-food e-Business

  • The Agri-Food Open for E-Business initiative will help food producers, farmers markets, retailers, garden centres, greenhouses, nurseries, and agricultural associations develop online business, providing consumers with greater access to a wide variety of food and agriculture products
  • This targeted application intake features two funding streams:
    • Bring Your Business Online. Eligible organizations and businesses can apply for a grant of up to $5,000 to establish an online e-business and marketing presence. Funding under this stream will be quick and responsive for those needing immediate solutions
    • Develop Online Business Opportunities. Eligible organizations, businesses and collaborations can apply for cost-share funding of up to $75,000 to implement high-impact projec
  • More information about this targeted intake and the program guidelines can be found online at: omafra.gov.on.ca or by calling: 1-877-424-1300
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Business Credit Availability Program (BCAP)

  • BCAP will support access to financing for Canadian businesses in all sectors and regions. Through this program, Export Development Canada (EDC) and the Business Development Bank of Canada (BDC) will provide direct lending and other types of financial support
  • For additional information on any of the BCAP programs or to apply, Businesses should contact their primary lender, where they have a pre-existing relationship. Businesses that are impacted can contact them by phone or email to find out about their application process

BCAP includes the following programs:

The Canada Emergency Business Account (CEBA)

CEBA provides much needed credit for small businesses to pay for immediate operating costs such as payroll, rent, utilities, insurance, property tax, or debt service. It is 100 per cent funded by the Government of Canada.

  • It is available to Canadian employers with $20,000 to $1.5 million in total payroll in 2019, and operating as of March 1, 2020. This includes smaller (i.e., micro) businesses and other eligible employers such as not-for-profits
  • Under CEBA, financial institutions will be able to provide interest-free credit facilities of up to $40,000 to eligible businesses
  • If the loan is repaid by December 31, 2022, 25 per cent (up to $10,000) will be forgiven.
  • If the loan is not repaid by December 31, 2022, the remaining balance will be converted to a three-year term loan at 5 per cent interest

This program is now available at various financial institutions and credit unions.

Loan Guarantee for Small and Medium Enterprises

  • EDC Loan Guarantee for Small and Medium-Sized Enterprises
    • This program provides credit and cash flow term loans to small and medium-sized enterprises. Canadian businesses in all sectors that were otherwise financially viable and revenue generating prior to the COVID-19 outbreak are eligible to apply
    • It allows financial institutions to issue operating credit and cash flow term loans of up to $6.25 million to existing clients, with 80 per cent guaranteed by EDC
    • This money is to be used for operational expenses, not for dividend payouts, shareholder loans, bonuses, stock buyback, option issuance, increases to executive compensation or repayment/refinancing of other debt
    • This program is now available at various financial institutions and credit unions. More information on EDCs products and services
  • BDC Co-Lending Program for Small and Medium Enterprises
    • This program provides term loans for operational and liquidity needs of businesses, which could include interest payments on existing debt. Similar to the EDC program, this program is available to businesses that were financially viable and revenue-generating prior to the COVID-19 outbreak
    • The program is designed in three segments to target support to different business sizes.
    • Loans of up to $312,500 to businesses with revenues of less than $1 million
    • Up to $3.125 million for businesses with revenues between $1 million and $50 million.
    • Up to $6.25 million for businesses with revenues in excess of $50 million
    • Loans would be interest-only for the first 12 months, with a 10-year repayment period
    • Applications details will be made available in the days to come by financial institutions. More information on the BDCs products and services.
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Extending the Work-Sharing program

  • The Work-Sharing program has been extended from 38 weeks to 76 weeks; this program is offered to workers who agree to reduce their normal working hours because of developments beyond the control of their employers
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Ontario-Canada Emergency Commercial Rent Assistance Program

  • The Ontario Government is committing $241 million to partner with the federal government and deliver more than $900 million in urgent relief to small businesses and their landlords through a new program, the Ontario-Canada Emergency Commercial Rent Assistance Program (OCECRA)
  • The OCECRA will provide forgivable loans to eligible commercial property owners experiencing potential rent shortfalls because their small business tenants have been heavily impacted by the COVID-19 crisis
  • An eligible small business tenant is one that:
    • Pays monthly rent not exceeding $50,000 in gross rent payments; and is,
    • A non-essential small business that has temporarily closed, or who is experiencing a 70 per cent drop in pre-COVID-19 revenues (determined by comparing revenues in April, May or June to the same month in 2019 or alternatively compared to average revenues for January and February 2020)
  • Not-for-profit organizations and charitable entities would also be considered for the program

Details on the program can be found here.

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Ontario Together Fund

  • To stop the spread of COVID-19 and keep people safe, the Ontario government is launching a new $50 million Ontario Together Fund to help businesses provide innovative solutions or retool their operations in order to manufacture essential medical supplies and equipment, including gowns, coveralls, masks, face shields, testing equipment and ventilators. This new Fund will support the development of proposals submitted by businesses and individuals through the Ontario Together web portal
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Residential Relief Fund

  • As part of the Government of Ontario’s efforts to contain the spread of COVID-19, the province is investing up to $40 million to support organizations that provide residential services for children and youth, people with developmental disabilities and emergency shelters for women and families fleeing domestic violence
  • The COVID-19 Residential Relief Fund will cover costs such as additional staffing, residential respite for caregivers; personal protective equipment and supplies; initiatives to support physical distancing and transportation to minimize client exposure
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Small and medium-sized businesses unable to access other support measures

  • The Canadian government is providing $675 million to give financing support to small and medium-sized businesses that are unable to access other COVID-19 business supports, through Canada's Regional Development Agencies
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Social Services Funding

  • The Ontario government is providing $200 million in social services relief funding to help protect the health and safety of the province's most vulnerable people in response to the outbreak of COVID-19
  • The province will be providing municipalities and organizations that administer social services with funding to support them in their response to COVID-19. The funding will help municipalities and social service providers such as shelters, food banks, emergency services, charities and non-profits continue to deliver their critical services, hire additional staff, and find ways to promote social distancing and self-isolation to keep clients safe and healthy. Ontario's municipal services managers will determine local needs and distribute the funding, ensuring clients are receiving the support they need
  • This new funding will help individuals and families in financial crisis who are not able to access federal assistance to cover needs such as food, rent, medicine, transportation and other services during this public health crisis. Funding will also be made available to organizations delivering social services to vulnerable First Nations individuals and families. Individuals can apply online at Ontario.ca/community
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The Canada Emergency Wage Subsidy (CEWS)

  • The subsidy generally covers 75% of an employee's wages – up to $847 per week - for employers of all sizes and across all sectors who have suffered a drop in gross revenues of at least 15% in March, and 30% in April and May
  • The program will be in place for a 12-week period, from March 15 to June 6, 2020
  • Employers who are eligible for the CEWS are entitled to receive a 100% refund for certain employer contributions to Employment Insurance, the Canada Pension Plan, the Quebec Pension Plan, and the Quebec Parental Insurance Plan paid in respect of employees who are on leave with pay
  • For employers that are eligible for both the CEWS and the 10% Temporary Wage Subsidy for a period, any benefit from the 10% Temporary Wage Subsidy for remuneration paid in a specific period will generally reduce the amount available to be claimed under the CEWS in that same period
  • Applications for the CEWS will be open on April 27
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Young entrepreneurs

  • The Canadian government is providing $20.1 million in support for Futurpreneur Canada to continue supporting young entrepreneurs across Canada who are facing challenges due to COVID-19. The funding will allow Futurpreneur Canada to provide payment relief for its clients for up to 12 months
  • Learn more about Futurpreneur
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