New COVID-19 support for Alberta small business
February 18, 2021The Alberta government has announced a new financial relief program that will soon be available to help support struggling small and medium-sized businesses.
Under the new Enhanced COVID-19 Business Benefit, up to $30,000 in support will soon be available to businesses that have been most affected by the pandemic and ongoing health restrictions. Businesses that can demonstrate a revenue reduction of 60% or more will be eligible to receive 15% of their monthly revenue, up to a maximum of $10,000 for use at the discretion of the business.