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COVID-19 Resources for Business

The Cochrane & District Chamber of Commerce, in partnership with the Town of Cochrane, is closely monitoring and assessing new developments pertaining to COVID-19, as well as its impacts on local business.

As business owners, employers, employees, and citizens, we recognize that this rapidly changing situation with COVID-19 is causing worry and concern.

To support you through this uncertainty, we have gathered and prepared several resources that you can access easily in one place.

On this website, you can find access to:

  • Government Assistance
  • Small Business Support
  • Employment & Legal Assistance
CDCC Web Covid Info

Updated May 26, 2020

Monitor COVID-19

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.

Tools and Information


Recent Government Updates

As of May 20, 2020: Prime Minister Trudeau announced the commercial rent program application portal opens May 25th. To apply for commercial rent program, go to http://cmhc.ca

AS OF May 19, 2020: Prime Minister Trudeau announced CEBA (emergency business loan of $40,000) will soon be extended, some details have been provided.

The program will be available to a greater number of businesses that are sole proprietors receiving income directly from their businesses, businesses that rely on contractors, and family-owned corporations that pay employees through dividends rather than payroll.

To qualify under the expanded eligibility criteria, applicants with payroll lower than $20,000 would need:

  • a business operating account at a participating financial institution
  • a Canada Revenue Agency business number, and to have filed a 2018 or 2019 tax return.
  • eligible non-deferrable expenses between $40,000 and $1.5 million. Eligible non-deferrable expenses could include costs such as rent, property taxes, utilities, and insurance.

Expenses will be subject to verification and audit by the Government of Canada. Funding will be delivered in partnership with financial institutions. More details, including the launch date for applications under the new criteria, will follow in the days to come.

AS OF May 19, 2020: Prime Minister Trudeau announced CEBA (emergency business loan of $40,000) will soon be extended to cover sole owner-operators, businesses who rely on contractors, and family-owned businesses who pay employees through dividends. Minister Mary Ng is ‘working on potential solutions’ for business owners without a business account and new businesses that haven’t filed tax returns yet. No details on the timeline. Further details to come.

AS OF May 15, 2020: The Federal government confirmed the Canada Emergency Wage Subsidy (CEWS) will be extended by 3 months to the end of August 2020.