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Covid-19 Resources

Although we strive to provide accurate, relevant and timely information, there is no guarantee that the information will continue to be accurate in the future. Government programs, and other programs available to small businesses, can change daily. The information we provide you through this website is for educational and informational purposes only. For advice that pertains to your unique business situation, please get in touch with us at 1.800.265.1002 or email at fbc@fbc.ca

Government Alerts

Budget 2021: 7 Highlights for Farmers and Business Owners

Last updated: Apr. 26, 2021  Last week, Deputy Prime Minister and Minister of Finance, Chrystia Freeland, delivered the federal budget for 2021. Below are select highlights that may have a positive impact your business or farm: 1. Covid-19 subsidy extensions and program winddowns The good news is that proposed budget will extend the current wage … Read more

Manitoba Budget Report 2021

Last updated: Apr. 19, 2021  On April 7, 2021, Finance Minister Scott Fielding presented Manitoba’s fiscal 2021-22 budget. As expected, we’re seeing more health care spending, with $1.2 billion being allocated to a vaccine program, PPE, contact tracing and other costs related to fighting the pandemic. On the small business side, the province will provide … Read more

Saskatchewan Budget Report 2021

Last updated: Apr. 12, 2021  On April 6, 2021, Saskatchewan Finance Minister Donna Harpauer presented the province’s fiscal 2021-22 budget. We’re seeing exactly what we expected in this budget – an increase in health care spending to fight the pandemic. The province is also putting more money towards education, social services, child care and capital … Read more

Nova Scotia Budget Report 2021

Last updated: Apr. 5, 2021  On March 25, 2021, Nova Scotia Finance Minister Labi Kousoulis presented the province’s fiscal 2021-22 budget. No surprises here – Nova Scotia is spending more on health care like other provinces. On the business side, they announced property tax relief for small business owners and the extension of the Equity … Read more

Canada Emergency Business Account Loan

Last updated: Apr. 3, 2021  The Canada Emergency Business Account provides interest-free loans of up to $60,000 to small businesses and non-profits. NEW: The deadline for completing the CEBA application at your primary financial institution has been extended to June 30, 2021.  All CEBA applicants can now check the status of their CEBA Loan online. The … Read more

The Latest COVID-19 Updates For Your Business

Last updated: Apr. 1, 2021  Good news from Ottawa: the government will provide interest relief for people who accessed COVID-19 programs last year. Anything to make your life a little less taxing right now is a win. We’ve summarized the news below and other recent COVID-19-related updates that could help you and your business. For … Read more

Ontario Budget Report 2021

Last updated: Mar. 31, 2021  Last week Ontario Finance Minister Peter Bethlenfalvy presented the province’s fiscal 2021–22 budget. The Ontario budget falls in line with what we’re seeing from other provincial budgets: more spending on health care, but otherwise a relatively quiet budget from a tax perspective. We’re happy to report the personal tax rate … Read more

New COVID Recovery Benefits Announced

Last updated: Mar. 29, 2021  The federal government has now closed the CERB Program. To support Canadians who are transitioning from CERB and still need help, they’ve announced temporary changes to the Employment Insurance (EI) program and introduced three new benefits. “As we safely restart our economy, many of those Canadians will still need support … Read more

A guide to COVID-19 financial relief for small business

Last updated: Mar. 29, 2021  Last updated August 10, 2020. We will update blog posts when more information is released. As we finished writing the introduction to this blog post, several provinces were starting to recover and re-open their economies. It’s heartwarming to see businesses across the country hiring back their employees through government … Read more

New Brunswick Budget Report 2021

Last updated: Mar. 29, 2021  Last week New Brunswick Finance Minister Ernie Steeves presented the province’s fiscal 2021–22 budget. We’re not seeing any surprises in this budget. Like other provinces, the New Brunswick government is increasing spending on COVID-19 measures. Steeves predicts a projected deficit of $244.8 million for 2021-2022 to “to address the pressures … Read more