Canada Emergency Business Account
Learn more about the Canada Emergency Business Account (CEBA) for small business.
What is CEBA?
The Canada Emergency Business Account (CEBA) is a $40,000 limited-time, interest-free loan for your business until December 31, 2022.
What was your organization’s payroll expense in the 2019 calendar year?
Up to and including $20,000 (includes businesses with no payroll expenses in 2019)
If your payroll in 2019 was $1,500,000 or more, you do not qualify for CEBA. However, there are other relief measures that you may qualify for. Please visit our Small Business Banking Relief site to find out more, or contact your Small Business Advisor, Branch Manager, Agriculture Specialist or Healthcare & Professional Specialist, if your business is experiencing financial hardship as a result of COVID-19.
We will work with you, individually, to offer advice and assistance with liquidity and financial covenant relief, including temporary lending payment deferrals or other forms of short-term support to customers who meet required qualifications.