Town of Canmore

Financial Supports for Businesses

There is a range of available financial supports to help you, your employees and your business. For frequency asked questions, visit our COVID FAQ page.

Town of Canmore Supports

Tax and Utility Deferrals Residents and business owners can defer property tax and utility payments for April, May, and June for 90 days without penalty or interest. The deferred balance will be evenly applied over the payments for the remainder of the calendar year. Click here to learn more and sign up to have your payments deferred.

Province of Alberta Supports

Corporate Tax Deferrals Business can defer the collection of corporate income tax balances and installment payments, due after today, until Aug. 31, 2020.
Financial Assistance for Individuals and Businesses

The Province has several measures in place to provide financial relief for Albertans.

Government of Canada Supports

Canada Economic Recovery Plan The Government of Canada is taking immediate, significant and decisive action to help Canadians facing hardship as a result of the COVID-19 outbreak.
Business Credit Availability Program Businesses with a viable business model whose access to funding would otherwise be limited can seek direct lending and other types of financial support.
Work Share Program Work-Sharing is an adjustment program designed to help employers and employees avoid layoffs when there is a temporary reduction in the normal level of business activity that is beyond the control of the employer.
Canada Council for the Arts The Canada Council just announced a micro innovation grant to support artists, groups, or organizations to adapt to digital dissemination of their arts.

Other Supports

Credit Counselling Society Free Credit Counselling, Budgeting Help & Debt Consolidation Options.
Facebook Facebook is offering $100M in cash grants and ad credits to help during this challenging time.
BDC BDC is offering new measures include working capital, payment postponements and rate reductions to support Canadian businesses.

Self-Employed Supports - Provincial

WCB premium payment deferral Defer WCB payments until 2021
WCB Refund or Credit

Rebate/credit 2020 WCB premiums

Utility Payment Deferral

Defer electricity/natural gas for 90 days (March 18 to June 18, 2020)

Self-Employed Supports - Federal

Canada Emergency Response Benefit
Taxable Benefit of $2,000 per month up to 4 months.  Support for unemployment, sick, quarantined or in directed self-isolation or unable to work
Tax Filing for Self-Employed Canadians For self-employed individuals or those who have spouses or common-law partners that are self-employed, the deadline to pay any balance due for your individual income tax and benefit return has been extended from April 30, 2020, to September 1, 2020.
Wage Subsidy Eligible small employers can receive a temporary wage subsidy for a period of three months.
Access to Credit Business Credit Availability Program to provide more than $10 billion of additional support, largely targeted to small and medium-sized businesses.
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