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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Share of businesses
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Statista. (April 8, 2021). Businesses that were approved for or received various sources of funding or credit due to COVID-19 in Canada as of 2021 [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/statistics/1227567/funding-or-credit-due-to-pandemic-among-businesses-in-canada/
Statista. "Businesses that were approved for or received various sources of funding or credit due to COVID-19 in Canada as of 2021." Chart. April 8, 2021. Statista. Accessed August 25, 2024. https://www.statista.com/statistics/1227567/funding-or-credit-due-to-pandemic-among-businesses-in-canada/
Statista. (2021). Businesses that were approved for or received various sources of funding or credit due to COVID-19 in Canada as of 2021. Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/statistics/1227567/funding-or-credit-due-to-pandemic-among-businesses-in-canada/
Statista. "Businesses That Were Approved for or Received Various Sources of Funding or Credit Due to Covid-19 in Canada as of 2021." Statista, Statista Inc., 8 Apr 2021, https://www.statista.com/statistics/1227567/funding-or-credit-due-to-pandemic-among-businesses-in-canada/
Statista, Businesses that were approved for or received various sources of funding or credit due to COVID-19 in Canada as of 2021 Statista, https://www.statista.com/statistics/1227567/funding-or-credit-due-to-pandemic-among-businesses-in-canada/ (last visited August 25, 2024)
Businesses that were approved for or received various sources of funding or credit due to COVID-19 in Canada as of 2021 [Graph], Statista, April 8, 2021. [Online]. Available: https://www.statista.com/statistics/1227567/funding-or-credit-due-to-pandemic-among-businesses-in-canada/