COVID-19 Business Relief in British Columbia

Federal and provincial programs that have been announced for small businesses in B.C.

Here’s a comprehensive list of all the federal and B.C. programs that have been announced so far for small businesses, including how to apply and where to find more information. We will update this page as more programs are introduced or more information is available.

If you are not satisfied with the programs listed, click here to find your local MP and email them to make your voice heard.

Federal Programs for Small Businesses

The Canada Emergency Business Account (CEBA) is an interest-free loan of $40,000 for qualifying businesses. Up to $10,000 of that amount will be eligible for complete forgiveness if $30,000 is fully repaid on or before December 31, 2022. This program will roll out in mid-April, and interested businesses should work with their primary banks.


To be eligible for this program, you and your business must meet the following requirements:

  • Your organization is an operating business (i.e., not a holding company) that has been in operation before March 1, 2020
  • Your organization’s payroll expense in the 2019 calendar year was between $20,000 and $1.5 million. You will need to provide:
    • Your employer account number, as reported at the top of the 2019 T4 Summary
    • Your employment income reported in Box 14 of their 2019 T4
    • Your 2019 T4SUM when requested upon audit
  • As per the requirements of the program set out by the Government of Canada, you will agree to use funds from this loan to pay for operating costs that cannot be deferred, such as payroll, rent, utilities, insurance, and property tax
  • You have an active business operating account with a primary financial institution
  • Your business operating account was opened prior to March 1, 2020
  • You are not applying for this program at more than one financial institution

How to apply:

Enrollment to this program will only be available online through your primary bank. Ensure you have the following information ready when applying online:

  • Your 2019 Business T4 Summary of Remuneration Paid Slip; You will be asked to enter your Canada Revenue Agency Business Number (BN) (15 characters) as reported under the field of "Employer’s account number"
  • Your Business Bank Account and Transit Number information with your primary bank

CIBC customers: Submit your CEBA application online through the CIBC Online Banking portal. If your business isn’t registered for CIBC Online Banking for Business, you must register here in advance using your CIBC Business Convenience Card® number. 

BMO customers: Complete this online application through the BMO website.

TD customers: Complete this online application through the TD website. 

Scotiabank customers: Complete this online application by logging into your Scotiabank online portal.

RBC customers: To enroll for CEBA, log into your RBC Online Banking for Business. If you are not registered for online banking, click here to enroll in RBC Online Banking for Business.

Where to find more information:

More information can be found through CIBC, BMO, TD, ScotiaBank, or RBC.

Provincial Programs for Small Businesses

Contact your Local MP and demand more programs

If you're not satisfied with any of the government programs or measures listed above, you should contact your local MP. Fintechs like Thinking Capital can help support small businesses by distributing funds quickly. If the government leverages fintechs, they can provide more support to small business owners like you and ease the burden placed on BDC and banks to launch these programs successfully. 

Find your local member parliament in the list below and click on their email address to make your voice heard. We've crafted an email template that will automatically appear when you click the email address.

Member of ParliamentConstituencyEmail
Alice WongRichmond
Alistair MacGregorCowichan—Malahat—
Bob ZimmerPrince George—Peace River—Northern
Brad VisMission—Matsqui—Fraser
Cathy McLeodKamloops—Thompson—
Dan AlbasCentral Okanagan—Similkameen—
Don DaviesVancouver
Elizabeth MaySaanich—Gulf
Gord JohnsCourtenay—
Harjit S. SajjanVancouver
Hedy FryVancouver
Jagmeet SinghBurnaby
Jenny KwanVancouver
Jody Wilson-RaybouldVancouver
Jonathan WilkinsonNorth
Joyce MurrayVancouver
Ken HardieFleetwood—Port
Kenny ChiuSteveston—Richmond
Kerry-Lynne FindlaySouth Surrey—White
Marc DaltonPitt Meadows—Maple
Mark StrahlChilliwack—
Mel ArnoldNorth Okanagan—
Nelly ShinPort Moody—
Patrick WeilerWest
Paul ManlyNanaimo—
Peter JulianNew Westminster—
Rachel BlaneyNorth Island—Powell
Randall GarrisonEsquimalt—Saanich—
Randeep SaraiSurrey
Richard CanningsSouth Okanagan—West
Rob MorrisonKootenay—
Ron McKinnonCoquitlam—Port
Sukh DhaliwalSurrey—
Tako Van PoptaLangley—
Tamara JansenCloverdale—Langley
Taylor BachrachSkeena—Bulkley
Terry BeechBurnaby North—
Todd DohertyCariboo—Prince
Tracy GrayKelowna—Lake