Town of Canmore

Financial Supports for Businesses

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.

Small and Medium Enterprise Relaunch Grant Program

Eligible organizations can apply for 15 percent of their pre-COVID-19 revenue, up to a maximum of $5,000 in funding.


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.
Canada Rent Relief Program Canada Emergency Commercial Rent Assistance (CECRA) for small businesses provides relief for small businesses experiencing financial hardship due to COVID-19. It offers unsecured, forgivable loans to eligible commercial property owners.
Canada Emergency Business Account Access an interest-free $40,000 loan to cover operating costs during a period when revenues have been reduced due to the pandemic.
Regional Relief and Recovery Fund Funding requests over $40,000 with interest-free repayable funding of up to $1,000,000.
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 Micro Innovation Grant supports artists, groups, or organizations to adapt to digital dissemination of their arts.

Credit Counselling Society Free Credit Counselling, Budgeting Help & Debt Consolidation Options.
BDC BDC is offering new measures include working capital, payment postponements, and rate reductions to support Canadian businesses.
Travel Alberta Cooperative Investment Program Assists tourism operators and regions across Alberta to restart consumer marketing activities and aid in the development of traveler products, experiences, and packaging in a COVID-19 travel environment.

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)

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.

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.

Access to Credit

Business Credit Availability Program to provide more than $10 billion of additional support, largely targeted to small and medium-sized businesses.

Wage Subsidy

Eligible small employers can receive a temporary wage subsidy for a period of three months.

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