New funding for the Venture Capital Catalyst Initiative (VCCI) will build on earlier investments to ensure Canadian businesses continue to enjoy access to a globally competitive venture capital ecosystem capable of nurturing entrepreneurial talent and creating high-quality, middle-class jobs.
The Tourism Relief Fund (TRF) is a $500 million program to support the tourism sector in Canada, with $485 million in regional priorities funding administered by Canada's regional development agencies and the $15 million National Priorities Stream administered by Innovation, Science and Economic Development Canada.
The Government of Canada is adapting the Investing in Canada Infrastructure Program to respond to the impacts of COVID-19. The Program, delivered through bilateral agreements with provinces and territories, is being adjusted to add some flexibilities, expand project eligibility and accelerate approvals.
The Major Festivals and Events Support Initiative (MFESI) is a two-year, $200-million national fund to help major Canadian festivals survive and adapt to the pandemic. It will also help position them for post-pandemic economic recovery and growth.
The Government of Canada is investing $50 million to support Canadian arts, culture and heritage organizations that have experienced revenue losses due to public health restrictions and capacity limits and the ongoing hesitancy of audiences to return. This funding will reinforce the two-year, $300-million Recovery Fund for the Arts, Culture, Heritage and Sport Sectors [...]
The Indigenous Community Business Fund is providing $117 million in non-repayable financial contributions to help support First Nations, Inuit and Métis community-or collectively-owned businesses and microbusinesses whose revenues have been affected by the COVID-19 pandemic. Budget 2021 renewed this funding with an additional $117 million. The fund has 2 streams: Stream 1 Funding will be transferred [...]
The Aerospace Regional Recovery Initiative (ARRI) will help the Canadian aerospace sector emerge from the pandemic with the capacity to compete on the global stage. The Initiative will support small and medium-sized enterprises (SMEs) in the following 3 objectives: to green their operations and adopt environmentally sustainable practices to improve productivity to strengthen commercialization [...]
A Work-Sharing agreement helps employers and employees avoid layoffs when: there is a temporary decrease in the normal level of business activity, and the decrease is beyond the control of the employer The agreement provides income support to employees eligible for Employment Insurance benefits who work a temporarily reduced work week while their employer [...]
As a Canadian employer who continues to be impacted by the COVID-19 pandemic, you may be eligible to apply for one of the two subsidies to cover part of your employee wages. The CRHP and the Canada Emergency Wage Subsidy (CEWS) support wages you pay through different phases of your economic recovery. Each claim [...]
The Restrictions Exemption Program Implementation Grant provides $2,000 for eligible small- and medium-sized organizations that choose to implement the Restrictions Exemption Program.
