The Canadian government has taken action to mitigate Covid pandemic-related issues with a program called the Canada Community Revitalization Fund (CCRF). CCRF offers a two-year, $500 million program in national infrastructure funding to revitalize towns and cities.
We look at the possible outcomes of the 2021 snap election to see what could happen to government funding programs for Canadian businesses.
The Canadian federal government is providing up to $500K in funding through the Tourism Relief Fund (TRF) to help businesses adapt to COVID-19.
The Jobs and Growth Fund (JGF) is a $700 million federal government funding program that aims to strengthen Canadian economies and create jobs for long-term growth following the global COVID-19 pandemic.
The Canada Emergency Wage Subsidy (CEWS) has been extended to October 2021. This program covers up to 75% of employee wages for eligible businesses impacted by COVID-19.
The Canadian Department of National Defence has invested approximately $8.64 million in 48 projects to find Canadian solutions to the COVID-19 virus.
The Government of Canada is investing in COVID-19 funding to non-profit organizations in Northern Ontario through the Emergency Community Support Fund (ECSF).
The Healthy Hire Manitoba Program is a hiring grant that offers up to $50,000 per employer to help offset wages of rehired or new employees who have received, or will be receiving, their COVID-19 vaccines.
Through the Innovative Solutions Canada (ISC) Program, the Government of Canada has invested a total of $8 million in funding to eight Canadian companies that will research and develop innovative solutions related to managing COVID-19.
The Ontario Music Investment Fund (OMIF) supports the economic growth and stability of the province’s music industry with direct grants up to 50% or $300k.