The Government of Canada has expanded the eligibility criteria so that more small businesses can apply for the Canada Emergency Business Account (“CEBA”), including those with a 2019 payroll expense of less than $20,000 and eligible estimated non-deferrable expenses between $40,000 and $1,500,000 in 2020. Under this expanded government criteria, businesses such as sole proprietors, businesses that employ contractors, and family-owned businesses that pay employees through dividends, among others, may now be eligible for CEBA.

Examples of eligible estimated non-deferrable expenses can be:  rent / lease payments for real estate and capital equipment, insurance, property taxes, utilities, payments for debt service and wages and other employment expenses to independent (arm’s length) third parties.  

Please visit your bank's website to apply for the $40,000 loan.  Applications are now being accepted.

More information and FAQ's are available on your financial institution website:


The L&A Economic Development Office can help you navigate the programs and are available to provide support for your business.  Please feel free to get in touch with our team.