The deadline to apply for the Canada Emergency Business Account (CEBA) has been updated. If you have not applied, you need to do so before June 30, 2021.
The CEBA is an interest free loan of up to $40,000 ($10,000 of which is forgivable) for small businesses and not-for-profit organizations that meet certain qualifying criteria. An additional $20,000 (half of which is forgivable) has also been made available for applicants specifically impacted by COVID-19.
If you would like to learn more about the CEBA and if your business is eligible, please contact your RSW advisor.