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Funding or credit due to COVID-19 among businesses in Canada 2021

Published by Statista Research Department, Mar 11, 2024
As of 2021, most of the surveyed businesses in Canada were approved for or received the Emergency Business Account (54.3 percent). The Canada Emergency Business Account (CEBA) provides loans of up to 40 thousand Canadian dollars to small businesses and not-for-profits. In addition, some 34.6 percent of enterprises were eligible for the Canada Emergency Wage Subsidy (CEWS). The CEWS is addressed to businesses which suffered a loss in revenue due to the coronavirus pandemic. This subsidy is meant to cover part of the employees' wages.

Businesses that were approved for or received various sources of funding or credit due to COVID-19 in Canada as of 2021

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Release date

April 2021

Region

Canada

Survey time period

January 11 to February 11, 2021

Number of respondents

15,431*

Special properties

representatives from businesses

Supplementary notes

*795 of which were food services and drinking places

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