Canada Emergency Business Account (CEBA)
The application period for the CEBA Program closed on June 30, 2021 and the funding period has now ended. As a result, no applications can be submitted, and no new funding will be provided by the CEBA Program. Please contact us if you need any further information or have specific questions.
The CEBA program offered interest-free loans of upto $60,000 to small businesses and not-for-profits.
For eligible CEBA borrowers in good standing, repaying the balance of the loan on or before December 31, 2023 will result in loan forgiveness of upto 33% (upto $20,000). Applicants that qualified for the new extended term have been contacted by their financial institution with details regarding the new repayment date.
BC PST Rebate on Select Machinery and Equipment
The B.C. PST Rebate on Select Machinery and Equipment was a temporary provincial sales tax (PST) program to help corporations recover from the financial impacts of COVID-19. Under this temporary program, corporations could apply to receive an amount equal to the PST they paid between September 17, 2020 and March 31, 2022 on qualifying machinery and equipment. PST invoiced before the deadline but paid after March 31, 2022 did not qualify for the rebate.
The application period for the PST rebate on select machinery and equipment closed October 3, 2022.
Due to the volume of rebate applications received, it may take up to 6 months to process your application.