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Worker Retention Grant for Work-Sharing Employers

A federal program that helps employers avoid temporary layoffs during periods of reduced business activity beyond their control. Through a three-party agreement with employees and Service Canada, eligible employees work reduced hours and receive Employment Insurance income support while the business recovers.

Tax Relief for Businesses Affected by Tariffs

In response to tariff impacts, the Government of Canada introduced temporary CRA relief measures to support businesses. These include deferred GST/HST remittances and corporate income tax payments, as well as waived and deferred interest on eligible GST/HST and T2 balances between April 2 and June 30, 2025. Businesses must continue to file all required returns by their regular deadlines, with interest resuming as of July 1, 2025.

Pivot to Grow Loan - bdc

NEW Pivot to Grow Loan provides businesses in sectors directly targeted by tariffs or its impact on supply chains favourably priced loans up to $2 million to help adapt to a new trade landscape.

Provincial Resources for Small Businesses and Entrepreneurs

B.C. Small businesses and entrepreneurs provides resources and supports to start, manage and grow your business.

B.C. Employer Training Grant Program

Provides funding to small, medium and large businesses to train new employees or upskill current employees. Additional support is available for the forestry sector.

Small business venture capital tax credit

Provides a 30% tax credit to encourage corporations to invest in B.C. small businesses. 

Business Development Bank of Canada

Provides financing solutions and advice to small and medium-sized businesses in all industries and at every stage of growth.

Canada Small Business Financing Program

Makes it easier for small businesses to get loans from financial institutions by sharing the risk with lenders.

Export Navigator

Provides free support and ongoing guidance to help businesses expand beyond local markets.