Coronavirus | Finance & Taxation | Quebec

COVID financial assistance repayment extended

December 1, 2021

The government of Quebec is extending the moratorium for the repayment of capital and interest related to financial assistance granted to businesses in regions on maximum alert (AERAM) of the Emergency Assistance to Small Businesses program, and to medium-sized enterprises (PAUPME) until January 31, 2022.

In addition, businesses could, under PAUPME, benefit from additional financial assistance of up to $ 50,000 in the form of a loan or loan guarantee. For more details, see the announcement press release (in French only).

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