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For businesses

Government assistance programs and financial relief measures

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During this period of uncertainty, entrepreneurs have many questions regarding how to stay in business or determine the financial difficulties this pandemic could cause.

Each business or organization is different and requires personalized solutions tailored to its own situation. Before making decisions that will affect your financing or the future of your business, please contact one of our account directors today to discuss your situation. We will help you identify the measures available and guide you in the days ahead based on your business strategies.

Federal assistance programs

A number of government assistance programs and relief measurements are available to support businesses during this time.

Canada's COVID-19 Economic Response Plan
Under Canada's Economic Response Plan, a number of measures have been put in place for businesses.

The Emergency Wage Subsidy has been established to assist businesses in retaining their current employees or rehiring them while they face the challenges brought on by the COVID-19 pandemic.

  • Canada Emergency Wage Subsidy: Possible subsidy of 75% of wages
  • Temporary Wage Subsidy: Possible subsidy of 10% of wages
  • Please consult the following infographic to find out how eligible businesses can benefit from the Canada Emergency Wage Subsidy.


    1. My Business Account
    2. Details of processing and payment - Eligible businesses with a gross payroll of $25M and over must be registered for direct deposit as well as the Large Value Transfer System (LVTS).
    3. Reduction of revenue during the eligibility period
    4. Confirmation of eligibility
    5. Online application for clients – UNI Payroll Management

    Note: If you receive the Canada Emergency Wage Subsidy (75%) conditional on a minimum loss of income, you will not be eligible to receive the Temporary Wage Subsidy during this period. However, if your business situation changes during another eligible period, you may qualify for one or more of the subsidies. Assessing your eligibility for each period is important.

    Businesses using UNI's Payroll Management Service that are eligible for the Temporary Wage Subsidy can find the information in the online payroll management tool. Businesses not registered for this service can call 1-800-567-1318.

    If you are not registered for CRA direct deposit, do so now to benefit quickly from the Canada Emergency Wage Subsidy. Register through AccèsD Affaires or "My Business Account". Important: this enrolment does not constitute an application for the Canada Emergency Wage Subsidy. You must apply through the Government of Canada's website.

    Eligibility criteria for the Emergency Wage Subsidy are evolving rapidly. Please refer to the Government of Canada's website for information on your eligibility during the targeted timeframes.

    You have until October 31, 2020, to apply for CEBA funding.
    If you have any questions, you can now contact the government call centre regarding the CEBA at 1-888-324-4201, Monday to Friday, between 9 a.m. and 10 p.m.
    Eligibility criteria expanded for Government of Canada's Canada Emergency Business Account (CEBA) program. Please review them before proceeding with your application.

    On March 27, the Government of Canada established a new Canada Emergency Business Account for Canadian businesses affected by the COVID-19 situation. Since then, the criteria have been expanded with version 3.0 now available at

    This program is designed to help small businesses and non-profit organizations cover operating costs by providing them with a $40,000 loan during a period of temporary reduction in revenue. Twenty-five per cent (25%) of the amount of the loan ($10,000) is forgivable if the business repays $30,000 by December 31, 2022. If the business is unable to repay this amount by December 31, 2022, the balance may be converted to a three-year term loan with an interest rate of 5%. UNI is proud to be accredited to offer this assistance to eligible businesses.

    Eligibility criteria :

    • The Borrower is a Canadian company in operation since March 1, 2020.
    • The Borrower holds federal tax registration status.
    • The Borrower has an active business chequing account or an active business operating account with the Lender which serves as its principal financial institution. Such account was opened on or before March 1, 2020, and was not in arrears in the payment of its credit arrangements with the Lender, if any, for at least 90 days as of March 1, 2020.
    • The Borrower has never used the CEBA before and will not seek financial assistance under the CEBA through another financial institution.
    • The Borrower acknowledges its intention to continue or resume its business.
    • The Borrower agrees to participate in post-financing surveys to be conducted by the Government of Canada or its agents.

    Version 3.0 of the CEBA now includes two options for which companies may be eligible:

    • Option 1: The total payroll paid by the Borrower during the calendar year 2019 was between $20,000 and $1.5 million.
    • Option 2: Applicants with total payroll of $20,000 or less in the 2019 calendar year must meet the following criteria:
      • The borrower must have a Canada Revenue Agency Business Number and have filed an income tax return for 2018 or 2019;
      • The borrower must have eligible non-deferrable expenses totalling between $40,000 and $1.5M. These expenses may include rent, property taxes, utilities and insurance. They will be subject to audit and verification by the Government of Canada.

    To find our more, consult our frequently asked questions (FAQ).

    Want to apply for financing?


    For any questions, call 1-888-359-1357. As we are currently experiencing a high call volume, we thank you in advance for your patience.

    The Business Credit Availability Program (BCAP) is a $65-billion federal program for small and medium-sized enterprises (SMEs). Export Development Canada (EDC) and UNI are working together to offer the program during the COVID-19 pandemic.

    Get the loan you need to cover short-term operating costs such as employee wages or your rent through a BCAP guarantee from EDC. This loan cannot be used to pay back or refinance current debt (other restrictions apply to other eligible expenses). No export sales are required to be eligible.

    EDC's BCAP guarantees 80% of the total value of your loan. By sharing the risk, we are better able to provide the funds you need to meet your immediate financial obligations. Please note that the guarantee is remitted to UNI, not to your business. You will be responsible for repaying the total amount of the loan.

    For more information on this program or to learn more about current assistance measures, please contact your account manager to help identify solutions for your needs.

    You may also call 1-855-842-2511. As we are experiencing a high call volume, we thank you in advance for your patience.

    Other payment deferral measures and support are available:

    • Deferral on preparing income tax returns
    • Deferral of tax payments
    • Support for the self-employed through the Canada Emergency Response Benefit (CERB)
    • Deferral of GST/HST tax payments

    We encourage you to follow developments in these assistance measures on the Government of Canada website.

    Provincial assistance programs

    The Government of New Brunswick is working on various financial assistance programs and relief measures to support businesses during this time.

    Financial relief and support measures will allow small businesses to maintain their working capital, including:

    • Case-by-case analysis of late payments of property taxes due May 31, 2020
    • Case-by-case analysis of payments of capital and interest for existing loans from Government of New Brunswick departments
    • Financial support to businesses

    Details on the various assistance programs are evolving. We will continue to monitor these programs and update the information available.

    For this reason, we encourage you to contact your account manager for information on the current assistance measures available and for help identifying solutions based on your needs.