You are using an outdated browser.

This website is not compatible with your web browser.

Please upgrade your browser or activate Google Chrome Frame to improve your experience.

Canada Emergency Business Account

To help small businesses during this challenging time of dealing with the COVID-19 pandemic, the Government of Canada launched the new Canada Emergency Business Account, which will be implemented by eligible financial institutions in cooperation with Export Development Canada (EDC).

This is a $25 billion program that will provide loans of up to $40,000 to small businesses and not-for-profits, with payrolls of less than $1 million, at 0% interest rate to cover operational costs.

Detailed Information: