COVID-19: Government measures to help you

June 3, 2020

Find out the initiatives of the Government of Canada, the Government of Québec and the City of Montréal, to support the subsidiaries of foreign companies in Greater Montréal in the context of the COVID-19 crisis. Other measures specific to some municipalities of the Communauté métropolitaine de Montréal are also listed.

Government of Québec

Those wishing to obtain information about the COVID-19 virus in Québec as well as on the measures taken by the government of Québec are invited to visit this site.

Québec’s economic intervention plan to respond to COVID-19 includes several measures, but the most direct actions for businesses are as follows:

Direct business support

Deferral of income tax payments: Until September 1, 2020.

Deferral of sales tax payments (GST/HST and QST): Until June 30, 2020.

Concerted temporary action program for businesses (PACTE): Financial support to make up for the lack of liquidity; minimum amount of $ 50,000 in the form of a loan guarantee.

Loans and loan guarantees in progress: Loaning of loan terms by Investissement Québec and moratorium on the repayment of loans granted by local investment funds (FLI).

Concerted action for job retention program (PACME COVID-19): Financial assistance to cover training expenses and salaries of employees in training, up to 100% for expenses of $100,000 or less and 50% for expenses between $100,000 and $500,000.

Support to individuals

Standards, Equity, Health and Safety Commission (CNESST): Information on the rights and obligations of the workplace with regard to the impacts associated with the spread of the virus is available on this page (in French).

Government of Canada

Persons wishing to obtain information about the COVID-19 virus in Canada and on measures taken by the Government of Canada are invited to visit this site.

Canada’s COVID-19 economic response plan includes several measures, but the most direct actions for businesses are:

Direct business support

Canada Emergency Wage Subsidy (CEWS): Salary subsidy equal to 75% of the remuneration paid to keep employees laid off, for a maximum of 3 months. Accessible for companies that have suffered a loss of their revenues due to the pandemic.

Other temporary wage subsidy: For businesses and organizations that do not have access to the 75% wage subsidy, a temporary wage subsidy for employers of 10% is in effect, up to a maximum of $1,375 per employee and $25,000 per employer.

Work-Sharing Program: Extension of the maximum duration of work-sharing agreements from 38 to 76 weeks across Canada.

Deferral of income tax payments: Until August 31, 2020.

Deferral of Sales Tax Remittance (GST/HST) and Customs Duty Payments: Until June 30, 2020.

Business Credit Availability Program (BCAP): The Business Development Bank of Canada (BDC) and Export Development Canada (EDC) will provide more than $ 65 billion in support.

BDC and EDC are working with private sector lenders to coordinate the delivery of financing solutions. The program includes the following:

  • Canadian Emergency Business Account: Interest-free loans of up to $ 40,000 to small businesses and non-profit organizations.
  • Large Employer Emergency Financing Facility (LEEFF): Bridge financing of a minimum of $ 60 million for large companies with annual revenues of $ 300 million or higher (excluding the financial sector).
  • Loan guarantees for SMEs – EDC: Operating credits and term loans on cash flow up to $6.25 million.
  • Co-Lending Program for SMEs – BDC: Term loans up to $6.25 million.

Interested businesses should contact their current financial institution directly.

Canada’s Emergency Commercial Rent Assistance (CECRA): 75% rent reduction program for small businesses and non-profit organizations.

Temporary changes to Canada Summer Jobs program: The changes allow employers to receive an increased wage subsidy, extend the end date for employment, adapt their projects and job activities and hire staff on a part-time basis.

Support to individuals

The following measures also apply to temporary foreign workers and international students who have earned income.

Employment Insurance: Support measures for employment insurance sickness benefits: elimination of the waiting period of one week, people in quarantine will not have to provide a medical certificate and possibility of backdated requests, in order to cover the quarantine period.

Canadian Emergency Response Benefit (CERB): Taxable benefit of $ 2,000 per month for up to four months for workers who cannot be remunerated.

Support for international students working in an essential service: International students can work more than 20 hours per week while classes are in session, until August 31, 2020, provided they are working in an essential service.

City of Montréal

Persons wishing to obtain information about the measures taken by the city of Montréal to protect citizens from COVID-19 and economic measures to support Montréal’s companies are invited to visit this site. 

Direct business support

Second instalment of municipal taxes postponed: Until September 1, 2020.

Emergency financial assistance: $5 million assistance fund to support sectors that have been hit hardest in the short term: retail businesses, social economy, creative and cultural industries and tourism.

Automatic moratorium on capital and interest: Six-month moratorium on capital and interest to businesses who have received a loan through the PME MTL fund, Fonds Locaux de Solidarité and Fonds de commercialisation des innovations.

Longueuil economic development

Développement économique Longueuil offers assistance measures for businesses located on the territory of the agglomeration of Longueuil.

COVID-19 loan: Loan for working capital needs; maximum amount of $ 100,000.

Short-term loan: Loan to cover short-term liquidity needs; maximum amount of $ 250,000.

Working capital loan: Financial assistance to defray the costs of operating the business for one year; maximum amount of $ 250,000.

City of Laval

The city of Laval offers assistance measures for businesses located on its territory.

COVID-19 Loan: Loan to defray the operating costs of Laval businesses, up to a maximum of $100,000.

Deferral of payments from the municipal tax account: Until September 1, 2020.

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