Support for Businesses During COVID-19
The Government of Canada is taking immediate, significant and decisive action to support Canadian businesses facing financial hardship as a result of the COVID-19 pandemic.
Access to credit
- Establishing a Business Credit Availability Program
- Offering a guarantee on loans
- Cutting the interest rate
Supporting financial market liquidity
- Launch an Insure Mortgage Purchase Program
- Launching an Insured Mortgage Purchase Program
- Bank of Canada actions
- Lowering the Domestic Stability Buffer
Support for Farmers
BusinessLink.ca has resources for small businesses related to COVID-19. They will update the website as new information and resources become available.
Economic Developers Alberta Needs Assessment Survey
The Economic Developers Alberta (EDA) has created an online survey to collect data on the impact of the COVID-19 pandemic to businesses, to ensure we all have the best and most relevant information possible. The primary goal is to identify immediate and emerging business needs and trends, in order to ensure all of our economic development partners, and key stakeholders are able to provide the best response possible. If you are a business owner and are interested in providing feedback, please take the survey here.
Institute for Sustainable Development
Tip sheet for Alberta Businesses and Community Leaders on addressing the Social and Economic Fall-Out from the Coronavirus. You can view it here.
Canadian Chamber of Commerce
The Canadian Chamber of Commerce will be launching a micro-site regarding COVID-19 and supports/resources available for Canadian small & medium-sized businesses. There are other resources currently available on the website as well as a COVID-19 related newsletter.
Alberta Chamber of Commerce
The Alberta Chamber of Commerce provides a daily update regarding Provincial and Federal Government responses and news releases about the economic recovery plan for COIVD-19.
Community Futures Peace Country
Community Futures Peace River has developed a radio advertising platform specifically for small businesses that are trying to move from walk-in traffic to delivery during this crisis. These advertising spots are free and are on a first-come, first-served basis and are open to up to 12 businesses only. Fill out the form and email it to email@example.com