Follow this post for up-to-date information on support offered through the Government of British Columbia's COVID-19 Action Plan and the Government of Canada's COVID-19 Economic Response Plan.

Last Updated April 1, 2020 at 1:30 p.m. PDT

Provincial Support

The Government of British Columbia's COVID-19 Action Plan will support British Columbians with $5 billion in income supports, tax relief, and direct funding for people, businesses, and services. 

Support for businesses and services (as outlined on the Government of BC website):
  • Economic Development Resources:
  • BC Arts Council support for the arts and culture sector:
    • 50% advance of operating grants for Operating Clients.
    • Arts and Culture Resilience Supplement. This one-time grant will range (maximum $15,000) depending on the size of your organization.
    • Program Amendments, Extension of Deadlines and Program Referrals.
Support for workers (as outlined on the Government of BC website):

Click here for more information on COVID-19 provincial support, including additional support for individuals relating to housing, child care, and education. 

Federal Support

The Government of Canada's federal COVID-19 Economic Response Plan provides support to Canadian workers and businesses.

Support for businesses (as outlined on the Government of Canada website):​
Additional support for small- and medium-sized businesses (as outlined on the Tourism Industry Association of Canada's website):
  • Deferred GST & HST payments, duties and taxes on imports until June 2020
    • A measure equivalent of providing up to $30 billion in interest-free loans to Canadian businesses. 
    • Deferred payments to allow businesses to have more liquidity on hand to survive the financial impact of COVID-19.
  • Canada Emergency Business Account
    • Banks will offer $40,000 loans, guaranteed by the government to qualifying small businesses and loans will be interest-free for the first year. Qualifying businesses must have payrolls of less than $1 million.
    • Full loan repayment by December 31, 2022, will result in a 25% loan forgiveness up to $10,000.
    • Loans will be available through eligible financial institutions and will be fully guaranteed and funded by the Government of Canada.
  • Increased Wage Subsidy to 75% for qualifying businesses
    • The government’s previously announced wage subsidy of 10% will be replaced by a wage subsidy of 75%, helping tourism businesses keep employees on payroll and position the industry for recovery once this health crisis is over. 
    • Eligibility criteria will start with the impact of COVID-19 on sales.
  • New Access to Credit through Small and Medium-sized Enterprise Loan and Guarantee program 
    • The government announced $12.5 billion of additional support and access to credit through EDC and BDC to help small and medium-sized enterprises with cashflow requirements through the new Small and Medium-sized Enterprise Loan and Guarantee program. 
    • Businesses can apply for a guaranteed loan through their banking institution to access this additional financial support. 
    • Loans of up to $6.25 million will be made available to small and medium-sized businesses in Canada directly through their financial institutions.
Support for individuals (as outlined on the Government of Canada website):
  • Support for people facing unemployment or people who are unable to work:
    • The new Canada Emergency Response Benefit (will provide a taxable benefit of $2,000 a month for up to 4 months for those who qualify).
      • Applications will start being accepted on April 6, 2020, and benefits will start within 10 days of submitting the application.

Click here for more information on COVID-19 federal support, including additional support for individuals.