On October 9, 2020 the government announced that it is working with Export Development Canada (EDC) and financial institutions to expand the CEBA program by providing an additional interest-free CEBA loan amount of $20,000, of which up to half will be forgivable if the balance of the loan is paid by December 31, 2022. Businesses accessing the additional $20,000 of financing will be required to attest to need. We can help you apply this interest free loan. Give us a call at 416-414-3100.
