Hello business community!

Please see below for information on upcoming opportunities, funding and Personal Protective Equipment supply resources.
LATEST POLL RESULTS:
What government assistance/resource has your business accessed?:

Canada Emergency Response Benefit (CERB) - 40%
Canada Emergency Business Account (CEBA) - 16.7%
Business Credit Availability Program (BCAP) - 13.3%
Canada Emergency Wage Subsidy (CEWS) - 13.3%
Canada Emergency Commercial Rent Assistance (CECRA) - 10%
Other - 6.7%  
Ontario Jobs & Recovery Committee
Local Sector Specific Consultations with MPP Piccini:

MPP David Piccini is hosting county-wide consultations in regards to economic recovery. Here are a list of dates and sectors, RSVP information below:

Small-Medium Enterprises and Non-Profits
Thursday, May 21
5:00pm to 6:30pm
 
Manufacturing
Thursday, May 28
5:00pm to 6:30pm

Tourism
Thursday, June 4
5:00pm to 6:30pm

Agriculture and Food Processing
Monday, June 8
5:00pm to 6:30pm

Development and Construction
Thursday, June 11
5:00pm to 6:30pm

Professionals
Thursday, June 18
5:00pm to 6:30pm
 
The discussion will target main themes in order to gather direct feedback.
The themes are as follows:
 
·        COVID-19 Impacts
·       Crisis Response Measures
·       Transitional and Post-Emergency Measures
·       Recovery Measures and Expectations 
 
To register, please email  David.PicciniCO@pc.ola.org  with the consultation sector and date you would like to participate in.

For additional information on reopening Ontario CLICK HERE
Regional Relief and Recovery Fund

The Regional Relief and Recovery Fund (RRRF) provides financial contributions (interest-free loans) to help support fixed operating costs of SMEs, where business revenues have been affected by the COVID-19 pandemic.

Option 1:  Up to a $40,000 Conditionally Repayable Contribution
(Interest-Free Loan)
  • An interest-free loan with partial forgiveness of loan amount
  • No payments required until December 31, 2022
  • Up to 25 percent (or $10,000) contribution forgiveness, provided 75 percent, or up to $30,000 is paid back by December 31, 2022
  • If 75 percent of the contribution amount is not repaid by December 31, 2022, the balance owing will be converted to a term loan with no forgivable portion
 
Option 2:  Up to a $500,000 Unconditionally Repayable Contribution
(Interest-Free Loan)
  • An interest-free fully repayable contribution (loan)
  • 100% repayable
  • No payments required until December 31, 2022
  • Fixed payment schedule beginning January 2023
Personal Protective Equipment (PPE) Supplies:

Before businesses reopen, there are sector-specific guidelines  to identify PPE and supplies to keep employees and customers safe.
Supplies are in high demand.
CLICK HERE to access the supplier directory.
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600 William Street, Cobourg. 
Suite 700
905-372-9279