BBOT News

Federal Government Announces New Expansions to Rent Support, Wage Subsidy, and Forgivable Loans Programs


The federal government has announced its intention to expand a number of the COVID-19 business support programs, addressing various shortcomings and limitations to the initiatives which the Burnaby Board of Trade has been advocating for. The Burnaby Board of Trade is pleased that this announcement appears to addresses much of what the Burnaby Board of […]

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Canada Recovery Benefit


Applications are now open — The Canada Recovery Benefit provides a benefit amount of $1000 per two-weeks for up to 26 weeks to workers who are not eligible for EI, mainly the self-employed and including those working in the gig economy. These individuals may still require income support if they continue to be unable to […]

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Opportunity for Professional Services Like Accountants, Financial Planners, Bookkeepers and Lawyers


As part of the Small and Medium-Sized Business Recovery Grant program from the provincial government, a number of professional service providers including accountants, lawyers bookkeepers and financial planners are being sought to provide advice and consulting to applicant businesses. Providers will be paid up to a maximum of $2,000 (at a maximum of $250 per […]

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Small Business Week – 5 Days of Free Small Business Programming


  October 19-23 is Small Business Week and the Burnaby Board of Trade invites you to a full week of free programming to celebrate! The challenges of COVID-19 have put a spotlight on the importance of our small business community and this year the Burnaby Board of Trade if offering 5 days of inspiration, education […]

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This year, Thanksgiving’s covered!


  This year, make Thanksgiving stress-free while also supporting local restaurants and small businesses! From fresh turkeys ready for you to bake, to sumptuous desserts and sides, to completely prepared feasts, let our Burnaby Board of Trade members help you celebrate the holiday safely and easily.   Scroll below to see highlights of our members who […]

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The Canada Recovery Caregiving Benefit (CRCB)


  The Canada Recovery Caregiver Benefit provides (from September 27, 2020) $500 per week, ($450 after tax) for up to 26 weeks per household to eligible Canadians where an individual in a household is unable to work for at least 60% of their normal hours because of childcare responsibilities related to COVID-19. This applies if […]

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New Canada Recovery Sickness Benefit (CRSB)


  The Canada Recovery Sickness Benefit provides $500 per week, for up to two weeks, effective September 27, 2020 for one year, for workers who are unable to work because they are sick, must self-isolate due to COVID-19, or have underlying health conditions that put them at higher risk of COVID-19. This new benefit is […]

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$40,000 Forgivable Loans for Women-Run Businesses – Women’s Enterprise Initiative Stream


  The Women’s Enterprise Initiative Stream is a separate funding program through the Regional Relief and Recovery Program which provides loans of up to $40,000, which are partially forgivable, for women-run businesses to help them cope with financial hardship and recovery from COVID-19. Applicants must first try to access the Canada Emergency Business Account (more […]

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Regional Relief and Recovery Fund Launched to Support Businesses Facing COVID Hardship


  Update – October 2 – An additional $600 million has been announced from the federal government to support the RRRF initiative. The Regional Relief and Recover Fund (RRRF) is designed to support local businesses facing financial hardship because of COVID-19, but who are ineligible for the Canadian Emergency Business Account (CEBA) program, the “RRRF […]

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Interest-Free COVID-19 Loans for Small Businesses – Canada Emergency Business Account


  Applications are now open through your financial institution! Following a recent expansion, the “Canada Emergency Business Account” now provides interest-free loans of up to $60,000 to qualifying small businesses, with up to $20,000 eligible for complete forgiveness. Businesses should contact their financial institution to apply for these loans as applications have been extended to […]

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