The Canada Small Business Financing Program makes it easier for small businesses to get loans from financial institutions by sharing the risk with lenders. The maximum loan amount for a borrower is $1.15 million.
• Up to a maximum of $1,000,000 for term loans for any one borrower, of which no more than $500,000 can be used for purchasing leasehold improvements or improving leased property and purchasing or improving new or used equipment and of that amount, a maximum of $150,000 could be used for intangible assets and working capital costs.
• Up to a maximum of $150,000 for lines of credit.
Financial institutions deliver the program and are solely responsible for approving the loan. For more information download their PDF pamphlet or click here to find a lender near you.
Letter: Request for Federal Changes to Temporary Foreign Worker Program for Rural Employers to be applied to Northwestern Ontario Communities
Honourable David Piccini Minister of Labour, Immigration, Training & Skills Development Dear Minister Piccini: On March 13, 2026, the Honourable Patty Hajdu, Minister of Jobs and Families and Minister responsible for the Federal Economic Development Agency for...