As we begin our economic recovery, our government is working to spur economic growth, create jobs, and continue to support businesses that are deeply affected by the pandemic. We are providing support for businesses through the following programs:
Canada Recovery Hiring Program
Extending the Canada Recovery Hiring Program until May 7, 2022, for eligible employers with current revenue losses above 10 percent and increasing the subsidy rate to 50 percent.
For more details on the hiring program, visit the link, here.
Targeted support is available for businesses in industries that continue to face significant pandemic related challenges:
Tourism and Hospitality Recovery Program
Provides support through the wage and rent subsidy programs to organizations in the tourism and hospitality sector that have been deeply affected by the pandemic. This can include hotels, restaurants, bars, festivals, travel agencies, tour operators, convention centres, and others. Support will be available with a subsidy rate of up to 75 percent.
Further details on this program are available, here.
Hardest-Hit Business Recovery Program
Hard hit organizations that do not qualify for the Tourism and Hospitality Recovery Program and that have been deeply affected since the outset of the pandemic would qualify for rent and wage support, provided they meet the following two eligibility requirements:
Further details on this program are available, here.
To get a personalized list of supports available, use the Business Benefits Finder.
