We are pleased to share a number of funding resources for First Nations and municipalities – both at the provincial and national level – to support your community’s economic development planning and initiatives.
In order to keep our list current, we invite you to contact us directly (see contact information below) if you have information on or suggestions for other relevant funding opportunities to add to our growing list.
Please let us know directly if your community is able to take advantage of funding from this list as we would like to follow the success of all joint economic development projects across the country.
Select the province or region where you live to learn what resources are available for your project and jurisdiction.
Financial Resources Available for COVID-19
We have gathered a list of financial resources and economic relief measures available for businesses, Indigenous and non-Indigenous communities. The resources listed below include economic relief measures and supports that are available from the federal government and each provincial government, as well as community and private foundations. The list does not include supports for individuals or other forms of financial supports such as tax relief or rent deferrals. To find more information about the full list of supports available, please see COVID-19: Economic relief measures announced to date, which was compiled by McCarthy Tetrault.
Fon non-COVID financial resources, see First Nation – Municipal Funding Resources
- Funding requests up to $40,000: Interest-free loans of up to $40,000, with up to $10,000 forgivable if repaid before December 31, 2020
- Funding requests over $40,000: Interest-free loans of up to $1 million, with no scheduled monthly repayments required until after December 31, 2022
- support for Elders and vulnerable community members
- measures to address food insecurity
- educational and other support for children
- mental health assistance and emergency response services
- preparedness measures to prevent the spread of COVID-19
- an interest-free loan up to $30,000
- a non-repayable contribution up to $10,000
- reduce the rent owed by their impacted small business tenants
- meet operating expenses on commercial properties
- The maximum payment is $5,000 per business per eligibility period.
- Payments can be used for any purpose, including paying fixed costs or expenditures related to re-opening the business following the pandemic.
Eligible businesses, including cooperatives, non-profits and social economy enterprises carrying out commercial activities, are eligible for financial support to address the cash shortfall associated with COVID-19 due to:
- a problem in the supply of raw materials or products (goods or services);
- an inability or substantial decreased ability to deliver goods, products or services.
With few exceptions, businesses in all activity sectors are eligible for this program. Financial assistance, of a minimum amount of $50,000, is provided in the form of a loan guarantee, but may also take the form of a loan.
The purpose of the emergency aid for small- and medium-sized businesses program is to support eligible business experiencing financial difficulties that need less than $50,000 in cash.
The purpose of this program is to support businesses with temporary cash problems with renewable credits, loans and loan guarantees. Eligibility criteria include: be a legally incorporated for-profit or not-for-profit entity that works primarily in the SODEC’s fields of activity.
A comprehensive guide of financial supports from the governments of New Brunswick and Canada that outlines relief measures for businesses.
A comprehensive guide of financial supports from the Nova Scotia Government that outlines relief measures for businesses.
A comprehensive guide of financial supports from the Prince Edward Island Government that outlines relief measures for businesses.
A comprehensive guide of financial supports for businesses and employers from the Government of the Northwest Territories.
The Government of Nunavut Department of Economic Development and Transportation Services is providing immediate short-term relief to Nunavut businesses through its Small Business Support Program. Eligible businesses can apply for up to $5,000 in support.
The Yukon Business Relief Program provides relief to Yukon businesses affected by the COVID-19 pandemic. The program provides non-repayable grants to cover specific fixed costs.