$40,000 (CEBA) Interest Free Loan update

$40,000 CANADA EMERGENCY BUSINESS ACCOUNT (CEBA)

Those who spent between $20,000 and $1.5 million for 2019 in total payroll will now be eligible.  Previously, the limits were $50,000 and $1.0 million.

https://pm.gc.ca/en/news/news-releases/2020/04/16/prime-minister-announces-additional-support-small-businesses

CANADA EMERGENCY COMMERCIAL RENT ASSISTANCE

A new program will be released to provide rental assistance to small business for the months of April, May and June. Provincial collaboration is required.  More details will be released later.

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