COVID-19 News & Resources for the Industry

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Please check this page regularly for updates, we'll be sharing industry information here as we get it.

Supports

Description/How to access

Business Credit Availability Program

Loans/credit for small/medium-sized businesses. To access contact your financial institution.

Canada Emergency Business Account

Interest-free loans of up to $40,000. Up to $10,000 may be forgiven. To access, contact your financial institution.

Canada Emergency Wage Subsidy

Employers impacted by COVID-19 may receive temporary salary help equal to up to 75% of the first $58,700 of an employee’s salary – backdated to March 15, 2020

Temporary Wage Subsidy

Employers may receive 10% temporary salary (up to $1,375 per employee or a total of $25,000) for 12 weeks starting March 18, 2020

CRA/GST/CBSA deferrals

Deferrals for income tax, sales tax remittance and customs duty payments

Canada Emergency Commercial Rent Assistance (CECRA)

Loans and/or forgivable loans to commercial property owners who in turn will lower or forgo the rent of small businesses for the months of April (retroactive), May, and June. More details coming soon.

Provincial deferrals, tax relief

ICBC payment extensions, deferred tax payments to at least September 2020, delayed PST and Carbon Tax changes, reduced School Tax.

BC’s Business COVID-19 Support Service operated by Small Business BC

One-stop resource to answer questions about supports available to businesses, at 1 833 254-4357, covid@smallbusinessbc.ca, or via the live-chat feature available on SBBC’s dedicated website.

BC List of COVID-19 Supports for Businesses

Supports from the provincial and federal governments, and private sector.

 

Information

BCTA COVID-19 Best Practices document

HOS exemption details – only applicable to certain commodities

BC list of COVID-19 essential services

 

Updates from Canada's Trucking & Motor Coach Associations