This is the Oakville Chamber of Commerce’s central hub for business resources and updates regarding COVID-19. Please visit this page often as we continue to provide the most up-to-date information.
Order of Information Listed:
1. Oakville Chamber Updates
2. Recent Government Updates for Business
3. Direct Financial Support for Business
4. Direct Financial Support for Workers
5. Access to Capital
6. Tax Relief
7. Other Support Measures
8. Resources for Business: Health & Safety, Re-opening Guidelines, HR, Marketing & Operations
The Mayor’s Economic Task Force
Welcome Back Oakville Campaign
The Mayor’s Economic Task Force (the Oakville Chamber of Commerce, Oakville’s Business Improvement Areas, Visit Oakville, and the Town’s Economic Development Department) launched #WelcomeBackOakville to encourage residents to safely explore Oakville and support local business.
The campaign includes an interactive map to see what businesses are open or if they are offering modified services. The map also includes a list of local PPE Suppliers.
Oakville businesses can use the easy to share graphics to join the campaign on social media, using the hashtag #WelcomeBackOakville.
Recent Government Announcements
Government of Ontario announces The Resilient Communities Fund – August 5, 2020
Paid parking resumes in Oakville beginning August 4, 2020 – July 31, 2020
Ontario implements additional measures at bars and restaurants to help limit the spread of COVID-19 – July 31, 2020
Toronto and Peel Region to enter Stage 3 – July 29, 2020
he Region of Halton to move forward into Stage 3 as of 12:01am on Friday, July 24th.
CRA announces an extension to the payment deadline and offers interest relief on outstanding tax debts during COVID-19 – July 27, 2020
- Amusement parks and water parks;
- Buffet-style food services;
- Dancing at restaurants and bars, other than by performers hired by the establishment following specific requirements;
- Overnight stays at camps for children;
- Private karaoke rooms;
- Prolonged or deliberate contact while playing sports;
- Saunas, steam rooms, bath houses and oxygen bars;
- Table games at casinos and gaming establishments.
Effective July 22, 2020, wearing a non-medical mask or face covering is mandatory in certain enclosed indoor public places in Halton region. Some individuals are exempt. Please be kind and support each other. The by-law is in effect until November 30, 2020, unless extended by Regional Council. To learn more, read the by-law , media release , watch the webinar on the by-law, or frequently asked questions. There are also posters and a sample mask policy available for businesses on the Halton Region website.
Halton Regional Council approves Temporary Mandatory Face-Covering By-Law effective July 22nd – July 15, 2020
Support for Business
Direct Financial Support for Businesses
Direct Financial Support for Workers
Access to Capital
Business Credit Availability ProgramThrough the Business Development Bank of Canada (BDC) and Export Development Canada (EDC), the new Business Credit Availability Program will increase the credit available to small, medium and large Canadian businesses, providing more than $65 billion in direct lending and other types of financial support.
Large Employer Emergency Financing Facility (LEEFF)
The government’s support for large employers through LEEFF will be delivered by a subsidiary of the Canada Development Investment Corporation (CDEV), in cooperation with Innovation, Science and Economic Development Canada (ISED) and the Department of Finance. Visit the CDEV website. Broader sectoral dynamics for LEEFF applicants will be considered through processes led by Innovation, Science and Economic Development Canada. Learn more.
Financial Relief Offered by Canadian BanksBanks will provide financial relief to businesses affected by the economic consequences of COVID-19. The Bank of Montreal, CIBC, National Bank of Canada, RBC Royal Bank, Scotiabank and TD Bank will work with personal and small business customers, on a case-by-case basis, to provide flexible solutions to help them manage challenges, such as pay disruption, childcare disruption due to school closures or those facing illness from COVID-19.
Bank of Canada Interest RateThe Bank of Canada cut its overnight rate to 0.25% – the interest rate at which major financial institutions borrow and lend one-day (or “overnight”) funds among themselves.
The Canada Revenue AgencyThe Canada Revenue Agency (CRA) is extending the payment due date for individual, corporate, and trust income tax returns, including instalment payments, from September 1, 2020, to September 30, 2020. Penalties and interest will not be charged if payments are made by the extended deadline of September 30, 2020. This includes the late-filing penalty as long as the return is filed by September 30, 2020.
The CRA is also waiving interest on existing tax debts related to individual, corporate, and trust income tax returns from April 1, 2020, to September 30, 2020 and from April 1, 2020, to June 30, 2020, for goods and services tax/harmonized sales tax (GST/HST) returns. While this measure for existing tax debts does not cancel penalties and interest already assessed on a taxpayer’s account prior to this period, it ensures that a taxpayer’s existing tax debt does not continue to grow through interest charges during this difficult time.
Deferred Provincial Taxes
Beginning April 1, 2020, the Government of Ontario is providing flexibility to about 100,000 businesses in Ontario to help manage their cash flows during this challenging time. This will continue for a period of five months, up until August 31, 2020.
For this period, the Province will not apply any penalty or interest on any late-filed returns or incomplete or late tax payments under select provincially administered taxes, such as the Employer Health Tax, Tobacco Tax and Gas Tax.
Additional Assistance For Business
Canada Emergency Commercial Rent Assistance Program
The Government of Ontario in partnership with the Government of Canada, is helping small businesses enhance their online presence through the Digital Main Street Platform.
Digital Main Street
1. shopHERE powered by Google:
The program will hire highly skilled and trained students to build and support the launch of online stores for businesses that previously did not have the capacity to do so themselves.
2. Digital Main Street Grants:
3. Future-Proof Main Street:
Sign-up for the Digital Main Street Program.
Distantly.ca is an online donation platform that allows community members to make direct donations to small businesses.
Recovery Activation Program
The Recovery Activation Program (RAP) is an immersive online workshop program that connects businesses with industry experts for guidance, mentorship and practical advice about process modernization and end-to-end digital transformation. It is completely free for businesses and supports firms of any size across Ontario. Learn more.
The Government of Ontario has launched a toll-free line 1-888-444-3659 to provide support to Ontario businesses who have questions about the province’s recent emergency order to close at-risk workplaces following recommendations by Ontario’s Chief Medical Officer of Health.
Stop the Spread Business Information Line
Help is available from Monday to Sunday, from 8:30 a.m.―5:00 p.m. A complete list of essential services is available on the Government of Ontario’s website.
The Government of Canada has enhanced its Work-Sharing Program to support employers and their workers who are experiencing a downturn in business by expanding the program from 38 to 76 weeks and by streamlining processes to improve access.
WSIB Deferred Payments
The Workplace Safety and Insurance Board (WSIB) will allow employers to defer payments for a period of six months. This will provide employers with $1.9 billion in financial relief.
All employers covered by the WSIB’s workplace insurance are automatically eligible for the financial relief package. Schedule 1 employers with premiums owed to the WSIB will be allowed to defer reporting and payments until August 31, 2020. The deferral will also apply to Schedule 2 businesses that pay WSIB for the cost related to their workplace injury and illness claims. In addition, no interest will be accrued on outstanding premium payments and no penalties will be charged during this six-month deferral period.
Resources for Business
Navigating the support programs for business
- Canadian Business Resilience Network – Canadian Chamber of Commerce and the Government of Canada
- COVID-19: Making Sense of Federal and Provincial Business Support Programs – Ontario Chamber of Commerce and MNP LLP
- New Details: The Canada Emergency Response Benefit and the Canada Emergency Wage Benefit – Comparison by the Oakville Chamber of Commerce
- 1-888-444-3659 for Provincial business enquiries
- Support for your business: Find COVID-19 support and other programs and services – Innovation Canada
- Where to start for COVID-19 Support – The Office of the Minister of Small Business, Government of Canada (March 25, 2020)
Business Continuity and Recovery
- Roadmap to Recovery – Canadian Business Resilience Network
- National Reopening Government Regulation Tracker (listed regulations by Province/Territory) – Canadian Business Resilience Network
- Toolkit for Reopening Canada’s Economy – Canadian Business Resilience Network
- Business Continuity and Recovery Plan – Canadian Chamber of Commerce
- Post-Pandemic Business Playbook – Workplace Safety & Prevention Services
- Pandemic Recovery: Return to Business Checklist – Workplace Safety & Prevention Services
- Business Recovery and Resilience Guide – Export Development Canada
Business Services, Operations and Marketing Support
- #WelcomeBackOakville Marketing Campaign – Welcome Back Oakville
- eBay: Register as a new Canadian business seller on eBay before August 22nd, 2020 and receive an all-in-one online business solution to get more out of the eBay marketplace and millions of buyers. Learn more.
- Ontario Made program for Ontario Manufacturers – Government of Ontario
- Canada Post – Think Small Program.
- Until August 31st, re-connect with your community with a mailing to inform customers that you’re open, re-opening or incentives to visit you: choose from the Shared Mailer, or the Solo Mailer.
- Until October 31st, take advantaged of an integrated marketing campgin to help keep your business top of mind: choose from a Canada Post Smartmail Marketing partner, or use Snap Admail.
- Learn more.
Health & Safety, and Security
- Mandatory Mask By-Law and Resources for Business – Region of Halton
- Guide on How to Develop a Workplace Safety Plan – Government of Ontario
- COVID-19 General Information for Halton Workplaces – Halton Public Health
- COVID-19 Recommendations for Grocery and Retail Stores – Halton Public Health
- Commercial Business Security and Safety Tips – Halton Regional Police Service
- Resources to prevent COVID-19 in the Workplace – Government of Ontario
- Training for joint health and safety committee members – Government of Ontario
- COVID-19 Workplace Safety Posters – Workplace Safety & Prevention Services
- COVID-19 Sector-Specific Health and Safety Guidelines – Workplace Safety & Prevention Services
- COVID-19 Small Business Centre – Workplace Safety & Prevention Services
- PPE Supply Hub – Government of Canada
- Essential Services Contingency Reserve – Government of Canada
- Workplace PPE Supplier Directory – Government of Ontario
- Welcome Back Oakville Map – Oakville’s Economic Task Force
- PPE Rapid Response Platform – matches supply with demand, simplifying supplier discovery during the procurement process.
- Halton Region Chambers of Commerce PPE Procurement Portal
- What to do if you can’t acquire the PPE your workplace needs – Workplace Safety & Prevention Services
- Chambers Plan: COVID-19 Business Resource Centre – The Chambers Plan
- Mental Health Resources – Canadian Mental Health Association
- Mental Health Resources – Workplace Safety & Prevention Services
- Payroll and COVID-19 – Canadian Payroll Association
Stay up-to-date on the rapidly evolving situation, and on the nature of the virus itself, by frequently checking municipal, provincial, and national websites.
- Halton Region Public Health
- Ontario Ministry of Health
- Government of Canada Public Health
- Centre for Disease Control (CDC) and Prevention: COVID-19 Resources
- World Health Organization (WHO): COVID-19 Updates