Canada Emergency Business Account

The CEBA is designed to support small business owners in meeting their immediate cash flow needs and includes: A $40,000 interest-free, government‑guaranteed loan to help pay for operating costs that can’t be deferred as a result of COVID‑19. $10,000 (25%) of the $40,000 loan is eligible for complete forgiveness if $30,000 is fully repaid on or before De‍cember 31, 20‍22. [...]