Ontario grants for small business
Ontario’s previously announced flexible supports for small business can now be applied for. Ontario will provide up to $20,000 in scenarios where businesses (including franchise owners) with fewer than 100 employees have experienced losses.
You can apply for a one-time grant if:
- Your business is significantly restricted (e.g. pet stores) or shut down (e.g. all non-essential retailers) under the provincewide shutdown that was made effective on December 26, 2020, and
- You have less than 100 employees at the enterprise level; and
- You have experienced a minimum of 20% revenue decline in April 2020 compared to April 2019.
Starting at $10,000 for all eligible businesses, the grant will provide businesses with funding up to a maximum of $20,000 to help cover decreased revenue expected as a result of the provincewide shutdown. The business must demonstrate they experienced a revenue decline of at least 20% when comparing monthly revenue in April 2019 and April 2020.
Essential businesses that are allowed to remain open without restrictions will not be eligible for this grant. RCC continues to remind the government that businesses of varying sizes deemed to be “non-essential” are in dire need of assistance from all levels of government, and not just businesses with fewer than 100 employees.
Ontario Grants for all Business
Retailers may apply for temporary property tax and energy bill rebates if they were required to shut down or significantly restrict services due to provincial public health measures as a result of the provincial modified Stage 2 public health measures announced on October 9, 2020 and can apply for rebates, provided in the form of grants, to help with their fixed costs.
Eligible business could get rebates for:
- municipal and education property taxes
- energy costs, including electricity and natural gas (or where natural gas is not available, propane and heating oil)