Support Announced for Indigenous Businesses

The federal government has announced support for Indigenous Businesses in the form of short term, interest-free loans and contributions. As more information becomes available we will be able to share more details.

Quick Facts (copied from the Prime Minister’s Website Post)

  • Financial support for Indigenous businesses will be provided through Aboriginal Financial Institutions, and administered by the National Aboriginal Capital Corporations Association and the Métis capital corporations in partnership with Indigenous Services Canada.
  • The funding will allow for interest-free loans, as well as ...
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Tourism Updates

This is a list of resources from some Tourism specific organizations. Have a look at the information they are sharing and resources they may have available.

TOURISM UPDATES

Destination BC

Here is the Destination BC COVID-19 link for the tourism sector and clients:

Indigenous Tourism BC

ITBC has a weekly Stakeholder Update Call for COVID-19 and clients are welcome to contact Samantha Rullin at ITBC: mail Samantha@indigenousbc.com for more information.

ITBC is sharing information through the corporate twitter: @ITBC_Corporate, and will be updating ...

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BMO Update: COVID 19 Emergency Support & Canadian Emergency Business Account

Below is an update from BMO about the COVID 19 Supports. See more information at: https://www.bmo.com/main/business/covid-19-business-support/

I hope you are keeping healthy and safe during these uncertain times.
You may have heard that the federal government recently announced COVID-19 financial relief for businesses. The government is working with all the Banks to make the application available during the week ...
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Free Business Workshops for Managing Current Changes by Small Business BC

Small Business BC has been hosting an assortment of workshops with the goal of supporting businesses navigate these challenging times. They have made ALL of these FREE workshops available on their website to access when the time is best for you.

Previous Topics include:

  • Building A Remote Work Strategy For Your Small Business
  • How To Choose An Online Collaboration Platform
  • Data Security and Management With Remote Teams
  • Benefits of Unified Communication For Your Remote Office
  • Pivoting to Add a Delivery Service to Your Small Business
  • Keeping ...
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Canada Emergency Wage Subsidy (CEWS) for Employers (75% of wages)

The wage subsidy program is designed to help you prevent laying off your employees, or even hire them back if you have already had to lay them off. The government has been encouraging employeers to access this wage subsidy and retain their employees rather than go to layoffs whenever possible. The new Canada Emergency Wage Subsidy (CEWS) provides a 75% wage subsidy to eligible employers for up to 12 weeks, retroactive to March 15, 2020. 

To be eligible ...

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Canadian Emergency Response Benefit

The Canadian Emergency Response Benefit (CERB) is an EI alternative for those who are no longer working after March 15th due to the COVID virus. It provides successful applicants $500 per week for up to 16 weeks. There have been a high volume of applications reported & some reports of people waiting weeks to get the benefit. Apply as soon as you know it is needed and have patience with the system in these challenging times.

Please confirm eligibility criteria ...

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Canada Emergency Business Account ($40,000 loan, up to $10,000 forgivable)

The Canada Emergency Business Account was announced by the Government of Canada to support small and medium sized businesses in these challenging times. It is a simple application process and only takes about 5-10 minutes once you have all the required information together.

Eligibility for the program can be found on your Bank’s website (links to common banks available at the bottom of this article). At the time of this article the government announced they were widening the eligibility but ...

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