Accessibility Quick Links
For status updates on previously submitted CEBA applications, contact the Government of Canada’s CEBA Call Centre at 1-888-324-4201. Opens your phone app. You can also visit the CEBA Application Status Website Opens in a new window..
We’re here to support you and your business during this challenging time
We understand the impact that COVID-19 has had on your business and we’re here to help. If you need financial assistance, reach out to your relationship manager to talk about relief options. We also remain open to serve your everyday business needs through our online digital business services.
Government business relief programs with Canadian banks
The federal government has announced new joint programs with Canadian banks designed to help Canadian businesses during the COVID-19 crisis:
Loan programs
Canada Emergency Business Account (CEBA)
The June 30th application deadline has passed but we will continue to support the CEBA program.
on the Canada Emergency Business Account. Opens a new window in your browser.
The Business Development Bank of Canada (BDC) Co-Lending Program
The BDC Co-Lending Program will provide qualifying Canadian businesses with much-needed access to working capital for short-term liquidity in response to COVID-19.
For more program details, please read the FAQ, contact your relationship manager or visit the BDCOpens a new window in your browser..
Read our latest news releaseOpens a new window in your browser.
The BDC Mid-Market Financing Program
The BDC Mid-Market Financing Program is available to provide liquidity support to Canadian businesses with revenues of approximately $100 million or greater that are facing hardship due to the COVID-19 crisis.
Loans with a term of 4 years are available in amounts between $12.5 million and $60 million.
For more program details, please contact your relationship manager or visit the BDCOpens a new window in your browser..
The Export Development Canada (EDC) Business Credit Availability Program (BCAP)
The EDC BCAP is an EDC-guaranteed loan to help either domestic or export-oriented Canadian companies impacted by COVID-19.
For more program details, please read the FAQ, contact your relationship manager or visit the EDCOpens a new window in your browser..
Read our latest news releaseOpens a new window in your browser.
The EDC BCAP Mid-Market Guarantee Program
The EDC BCAP Mid-Market Guarantee Program is available to provide liquidity support to Canadian businesses to sustain operations during COVID-19. Qualified applicants can access between $12.5 million and $80 million CA ($8.75 million to $56 million US) to cover business operating costs.
For more program details, contact your relationship manager or visit the EDCOpens a new window..
The Highly Affected Sectors Credit Availability Program
HASCAP will provide qualifying Canadian businesses facing ongoing impacts from COVID-19 with term loans up to $1 million over extended terms. Businesses will be allowed to make interest only payments for the first 12 months.
To find out more contact your relationship manager or visit the BDC Opens in a new window..
For additional details on these programs, visit the Government siteOpens a new window in your browser..
Canada Emergency Commercial Rent Assistance (CECRA)
The CECRA provides relief for small businesses experiencing financial hardship due to COVID-19 and offers forgivable loans to eligible commercial property owners.
For more program details, visit the Canada Mortgage and Housing CorporationOpens a new window in your browser..
Subsidy programs
Canada Emergency Wage Subsidy (CEWS)
Canada Revenue Agency (CRA) has launched the Canada Emergency Wage Subsidy to help employers keep and re-hire workers during the challenges posed by the COVID-19 pandemic.
The government is now accepting online applications for the CEWS programOpens a new window in your browser..
For a faster funding experience, register for direct deposit with CIBC’s CRA Direct Deposit available through CIBC Cash Management OnlineOpens a new window in your browser. or CIBC Online Banking® for BusinessOpens a new window in your browser..