Covid19 Support
May-Thu
We are committed to helping you navigate through this unprecedented time! Your health, safety, and wellbeing is important to us.
We can compile a list of Government Links, resources, and tools available for you, your business, and your family. We will continue to update information and new links as they become available.
Register for our Virtual Series with leaders from across Canada sharing how they are pivoting, leading, and navigating to the new normal. Live each Wednesday at 11 am MDT. Registration required.
Join our Monday Meditation LIVE on our Instagram @UniversalWomensNetwork – Weekly at 7 am
Together we are stronger!
PROVINCE OF ALBERTA
- COVID Support for Albertans – https://www.alberta.ca/covid-19-supports-for-albertans.aspx
- Alberta Health Services – https://www.albertahealthservices.ca/topics/Page16944.aspx
CANADA EMERGENCY RESPONSE PLAN
The Government of Canada has created a comprehensive Emergency Response Plan for all Canadians. To access the link and all information for you and your business.
- https://www.canada.ca/en/department-finance/news/2020/03/canadas-covid-19-economic-response-plan-support-for-canadians-and-businesses.html
Canada Emergency Response Benefit
The government of Canada will provide a taxable benefit of $2,000 every 4 weeks for up to 16 weeks to eligible workers who have lost their income due to COVID-19.
- Details and to Apply. You can also apply over the phone: 1‑800‑959‑2019 or 1‑800‑959‑2041
- Support for Individuals
- Support for Businesses
- Support for Sectors
HEALTHCARE
Government of Canada – COVID-19 Resources and Health Updates
- LInk: https://www.canada.ca/en/public-health/services/diseases/coronavirus-disease-covid-19.html
World Health Organization
- Link: https://www.who.int/health-topics/coronavirus#tab=tab_1
MENTAL HEALTH
If you are experiencing distress, call 9-1-1 or the Distress Centre for support.
Resources for Businesses
- Shopify Tools and Resources – https://www.shopify.ca/blog/topics/covid-19
- Shoppers Drug Mart – https://www1.shoppersdrugmart.ca/en/health-and-pharmacy/covid-19-mental-health
FUNDING and LOANS
BDC – Business Credit Availability Program
- Link: https://www.bdc.ca/en/pages/special-support.aspx
Canada Emergency Business Account
- For small businesses and not-for-profits with a 2019 payroll between $20,000 and $1.5 million
- Up to $40,000
- 0% interest until December 31, 2022
- If the loan is paid off by December 31, 2022, a quarter of the loan will be forgiven
Contact your primary financial institution to apply.
BDC Co-Lending Program for SMEs
- Up to $6.25 million
- Differing maximum finance amounts based on business revenues
- 80% of financed amount provided by BDC and the remaining 20% by your financial institution
- For your operational cash flow requirements
- Available until or before September 30, 2020
- Financial institutions are progressively rolling out program details starting April 24, 2020.
Contact your primary financial institution to find out more.
EDC Guarantee for SMEs
- Up to $6.25 million
- 80% guaranteed by EDC, to be repaid within one year
- For payroll and operational costs
BDC Oil and Gas Sector Financing
- For Canadian-based oil and gas producers, oilfield service companies and midstream providers
- Funds to be used for operational cashflow and business continuity purposes
- Qualifying businesses must have been financially viable and in good standing prior to the current economic environment
- Loan size between $15 million and $60 million
- Offered at commercial rates, repayable within 4 years
