Additional Support for Canadian Businesses from the Economic Impact of COVID-19

Department of Finance Canada –

The Government of Canada is making additional investments to support Canadian businesses from the economic impacts of COVID-19. These new investments provide support to financial institutions and allow them to quickly provide credit and liquidity options for a range of businesses.

These measures are a part of the Government of Canada’s COVID-19 Economic Response Plan, which provides direct support and tax deferrals to Canadian workers and businesses to help them in these difficult times.

  • Deferral of Sales Tax Remittance and Customs Duty Payments
  • Deferral of Customs Duty and Sales Tax for Importers
  • New Loan Programs for Businesses
  • Canada Revenue Agency’s Additional Measures for Individuals and Businesses