BBOT News

Supports for Early-Stage, Pre-Revenue, Innovation Companies and Start-Ups for COVID-19


  The federal government has announced $270 million in additional support for new start-ups, as well as for early-stage, pre-revenue companies, both of which had not been eligible for previous programs based on their unique circumstances. Regional Relief and Recovery Fund Pre-revenue companies who are not eligible for the existing $40,000 loans through the Canada […]

Read more...

Property Taxes Cut and Late Fees Waived by Province Following BBOT Advocacy; BBOT Applauds Move To Address Rent/Lease Crisis


  April 16, 2020 — Today, the provincial government effectively cut property tax bills by 25% and deferred their payment until October 1, a move the Burnaby Board of Trade applauds as an important step in addressing the challenges facing business tenants across BC during COVID-19. Property tax and rent/lease payments are two of the […]

Read more...

Just Announced – New Commercial Rent Support Coming; Eligibility Expanded for Interest-Free Business Loans


Today, two announcements were made which directly respond to our advocacy with government and get additional supports for local businesses. Within the past hour, the Prime Minister announced a new support to help small businesses pay commercial rents, and also announced expanded eligibility for the $40,000 interest-free loans program. New ‘Canada Emergency Commercial Rent Assistance […]

Read more...

Canada Emergency Response Benefit


The Canada Emergency Response Benefit (CERB) is a new benefit will combine the previously announced Emergency Care Benefit and the Emergency Support Benefit.  This benefit is for people who have stopped working or are working greatly reduced hours because of COVID-19. This benefit is paid in blocks of four weeks in the amount of $2,000, which is equivalent […]

Read more...

Canadian Chamber of Commerce Webinar: Using Ecommerce to Keep Your Business Running Through the COVID-19 Crisis


Join the Canadian Chamber of Commerce and Shopify on Wednesday, April 15, as they discuss options for navigating your business through this new environment. This session will explore the use of resources and e-commerce tools that you can access through Shopify, as well as answer your questions about their platform and transitioning your business to […]

Read more...

Applications Open for BC Temporary Rental Supplement


As a support to workers and residents during COVID-19, a new provincial program will provide a temporary rental supplement for April, May and June 2020. It will cover part of the rent for low- and moderate-income renters who have lost income as a result of COVID-19. Applicants will only have to apply once. If they apply in […]

Read more...

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


  Applications are now open through your financial institution! The new “Canada Emergency Business Account” will provide interest-free lines of credit of up to $40,000 to qualifying small businesses, with up to $10,000 eligible for debt forgiveness.  This new program will provide $25 billion in loans by financial institutions, and guaranteed by the federal government. […]

Read more...

Burnaby RCMP Anti-Crime Poster Campaign


With many businesses being closed during the COVID-19 crisis, the Burnaby RCMP  have increased dedicated additional officers from their Community Response and Prolific Offender Suppression Teams to patrol commercial areas where empty businesses could be targeted. The RCMP has also launched a poster campaign to help deter any potential crime which may occur while businesses are closed. […]

Read more...

Funding for Non Profits Available from Community Response Fund


  The Community Response Fund is a special fund to rapidly deploy essential relief to organizations in BC (with priority given to charities in the Lower Mainland and the Fraser Valley) who are providing front-line services to vulnerable populations whose staff, volunteers, programs, and operations have been disproportionately impacted by COVID-19. The Fund is led by the Vancouver Foundation, Vancity […]

Read more...

Are you a restaurant that is still open and looking for more visibility?


Are you a restaurant that is still open and looking for more visibility? Then let the community know you are open for business!  The BBOT’s partner the Burnaby NOW can help get your new hours and delivery options in front of people in our region right at dinner time for an affordable price, starting at $320 for […]

Read more...