COVID-19 Support

government funding

PLEASE NOTE: All CFHuron loan clients have received an automatic two-month loan payment deferral for March and April. Contact pnichol@cfhuron.ca or bmcgregor@cfhuron.ca if you have any questions or concerns.


Government Support for Canadians & businesses

The Government of Canada is taking action to help businesses facing hardship as a result of the COVID-19 outbreakRead the full plan here.

What does this mean for businesses?

The Government will provide up to $27 billion in direct support to Canadian workers and businesses. These measures are being implemented in an effort to help stabilize the economy. There will be income support, flexibility for taxpayers, mortgage default management tools, among others, to help Canadians.

Here are the links to supports for business owners and their employees: HERE

A temporary wage subsidy will be introduced to help encourage employers to keep workers. (The subsidy will be equal to 10% of remuneration paid during that period, up to a maximum subsidy of $1,375 per employee and $25,000 per employer.)

The CRA will allow all businesses to defer, until after August 31, 2020, the payment of any income tax amounts that become owing on or after today and before September 2020.

The Business Credit Availability Program (BCAP) will allow the Business Development Bank of Canada (BDC) and Export Development Canada (EDC) to provide more than $10 billion of additional support, largely targeted to small and medium-sized businesses. For information on this program go here.

Sick benefits for employees that must self quarantine: The Federal government has introduced a change in Canada’s sick-leave benefits under the Employment Insurance (EI) program due to COVID-19.

You can now get EI benefits for an entire 14-day quarantine. If an employee is unable to work due to quarantine or self-isolation, they may apply for sickness benefits. The one-week waiting period for EI sickness benefits has been waived for new claimants who are quarantined so they can be paid for the first week of their claim.

Employees in quarantine and seeking to waive the one-week EI sickness benefits waiting period so that they can be paid for the first week of their claim should contact the new dedicated toll-free phone number: ▪ Telephone: 1-833-381-2725 (toll-free) ▪ Teletypewriter (TTY): 1-800-529-3742

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Community Futures Huron is located at 435 Turnberry Street, Brussels, Ontario. Come see us in this new location.

Office hours are Tuesday to Friday from 10 am to 3 pm. Phone: (226) 889-8256; emailpnichol@cfhuron.ca.

Areas we serve: Howick, Wingham, Blyth, Brussels, Dungannon, Goderich, Clinton, Seaforth, Hensall, Zurich, Bayfield, Exeter.

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