COVID-19: Economic Relief Measures Announced to Date

  • The Commission des normes, de l’équité, de la santé et de la sécurité au travail (CNESST) announced that employers have until August 31, 2020, to pay their Statement of Account related to their CNESST contribution. In addition, no penalty or interest will be charged during this period.
  • For more information, see the CNESST’s news release (in French only).[258]

Loans and loan guarantees

  • In order to support businesses affected by the impacts of COVID-19, flexibility for outstanding loans and loan guarantees are being put in place by the Fonds local d’investissement (“FLI”).
  • A six-month moratorium has been put in place for the repayment (principal and interest) of loans already granted through the FLI. Interest accrued during this period will be added to the loan balance. This measure is in addition to the moratorium already in place under most investment policies in effect, which can be as long as twelve months.
  • For more information, see the Government of Québec’s “Ministère de l’Économie website (in French only).[259]

Loan repayments to the Fiancière Agricole du Québec

  • The Financière Agricole du Québec allows clients to request a six-month moratorium on loan repayments.
  • For more information, see the Financière Agricole du Québec’s website.[260]

Tourism Development Strategy Support Program

  • The Government of Québec announced that businesses that have received a confirmation of financial assistance under the Tourism Development Strategy Support Program will benefit from a postponement of the start or end date of the work. The deadline for businesses that must complete the financial setup of projects within a prescribed period is also postponed.

  • The Government of Quebec announced that will give 806,544$ to the regional tourism association ( RTA) in Centre-du-Québec, The funds are to help support projects to develop the tourism offering of businesses in the region that are suffering the effects of COVID-19.

  • For more information, please see the Government of Québec’s assisting the tourism industry website and news release (in French only) of July 14, 2020.[261][262]

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113

Share