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COVID 19 Support Resources for Business Owners
As a Business Broker and Small Business Owner myself, I have been in contact with my Team of Business Advisors and I have decided to try and compile a list of Options and Information Sources to assist my friends and clients figure out what help we can all access to help make it through this difficult time.
I will be posting as much useful information as I can gather, from as many reliable sources as possible. If you find that something is wrong or if you have had success with something, please let me know, I will either correct or remove any bad info and post the successful sources for all of us to explore.
We all need to try and help each other as we move forward, trying to stabilize our businesses and our local and national economies.
Please be safe, stay updated on the latest information and practice all of the safety measures being outlined by AHS and Health Canada.
Don’t hesitate to call me if you have any questions or concerns, I am always here to help in any way I can.
Pubsforsale.ca COVID 19 Blog
Our COVID 19 Blog will be updated with Articles and Information from professionals like Lawyers, Accountants & Bankers, who will be providing information and helpful suggestions. We will be posting this info as soon as we receive it.
If you would like to submit something you think is important, please email us at the bottom of the page.
Canada’s COVID-19 Economic Response Plan: Support for Canadians and Businesses
On March 18, 2020, the Prime Minister announced a new set of economic measures to help stabilize the economy during this challenging period. These measures, delivered as part of the Government of Canada’s COVID-19 Economic Response Plan, will provide up to $27 billion in direct support to Canadian workers and businesses.
Business Credit Availability Program (BCAP)
On March 13, 2020, the Government announced the establishment of a Business Credit Availability Program (BCAP) to help Canadian businesses obtain financing during the current period of significant uncertainty. The BCAP will support access to financing for Canadian businesses in all sectors and regions.
Government of Alberta - COVID-19 support for employers and employees
Measures to protect employers and employees from the economic disruption of COVID-19 and position Alberta for recovery.
Canadian Federation of Independent Businesses
FAQ's - Everything you need to know to keep your business safe
Utility Payment deferral program in the City of Calgary - Calgary Hearld Article
As the COVID-19 pandemic disrupts daily life and livelihoods for Calgarians, the city is deferring utility payments for the next three months...
Deferral of Mortgage Payments - Financial Post Article
Big banks to allow delayed mortgage payments to some in unprecedented response to coronavirus crisis...
BDC Small Business Support Options
Canada outlines measures to support the economy and the financial sector
Today, Minister of Finance Bill Morneau, Governor of the Bank of Canada Stephen Poloz, and Superintendent of Financial Institutions Jeremy Rudin outlined a coordinated package of measures being taken by financial sector partners to support the functioning of markets and continued access to financing for Canadian businesses.
Support for entrepreneurs impacted by the coronavirus COVID-19
These new measures aim to alleviate the impact of COVID-19 on business activity and complement services offered by other financial institutions, with whom BDC will continue working. For BDC, eligible businesses needed to be financially viable entities prior to the impact of the coronavirus.
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