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CLOSED – COVID-19 Nova Scotia Support Programs

CLOSED – COVID-19 Nova Scotia Support Programs

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CLOSED – COVID-19 Nova Scotia Support Programs COVID-19 Response Plan - Nova Scotia Government - Support for Canadians Last updated May 24 , 2022, 11:00 a.m. MST

Insight
Insight

NS Support for Businesses

Small Business Impact Grant Part 3 (closed)

Eligibility

  • Eligible businesses include:
    • Dine-in restaurants
    • Bar or licensed drinking establishments
    • Fitness, recreational and leisure facilities
    • Independent retailers with a physical location
    • Personal services businesses like hair and nail salons, barbershops and spas
    • Organizations offering live performing arts
  • Businesses must have experienced decrease in revenue of 30% or more compared with prior period

Benefit

  • Funding includes 2 parts: a one-time revenue-based grant and an additional one-time grant of $5,000

Action Needed

  • Online application

Small Business Real Property Tax Rebate (closed)

Eligibility

  • Eligible businesses must have received benefits under the NS SBIG (Part 1 or 2) or the Small Business Reopening and Support Program

Benefit

  • Businesses can claim a rebate equal to either:
    • $1,000 or 50% of the commercial real property taxes paid for the final 6 months of the 2020-21 tax year
 Action Needed

Tourism Accommodations Real Property Tax Rebate Program Part 2 (closed)

Eligibility

  • An operator must own (or lease) and operate a qualified roofed accommodation that requires the operator to pay all or a portion of the property taxes
  • The accommodation must have 5 or more rooms available for rent to the public and be assessed as a commercial property

Benefit

  • Eligible operators may receive a one-time 50% rebate of the first six months of commercial property taxes paid for 2021-22

Action Needed

  • Online application

Small Business Impact Grant (SBIG) (closed)

Eligibility

  • Small businesses, non-profits, or charities ordered to cease or substantially curtail operations by Order of the Chief Medical Officer of Health. Businesses must also:
  • have an anticipated revenue loss for April 2020 of 30% or more
  • have been established on or before March 15, 2020

Benefit

  • Benefit is a one-time upfront grant of 15% of sales revenue from either April 2019 or February 2020, up to a maximum of $5,000
  • Can be used for any purpose

Action Needed


Small Business Impact Grant Part 2 – Restaurant, Bar, and Fitness and Leisure Business Stream (closed)

Eligibility

  • Businesses must be operating in the area of Halifax County or Hants County and be:
    • Full service, dine in restaurants
    • Bar or licensed drinking establishments
    • Fitness and leisure establishments
  • Must be registered as a sole proprietorship, partnership, corporation, society, social enterprise, not-for-profit, charity in business, or other similar organization
  • Pay the small business corporate tax rate on income taxes, if incorporated
  • Have annual taxable capital of $15,000,000 or less
  • Be experiencing a 30% or more decrease in revenues in November or December 2020

Benefit

  • Eligible businesses can receive a one-time grant equal to 15% of the business’ revenue from sales for the month of April 2019 or February 2020
  • Businesses that started after March 15, 2020 are eligible; grant will be 15% of sales revenue for a benchmark calendar month of their choosing, between April and October 2020

Action Needed

  • The following information must be provided on application:
    • Unaudited income statement for April 2019 or February 2020
    • Business number (unless sole proprietor)
    • Recent tax document (T1, T2, etc.)
    • Banking information and image of void cheque

Government Loan Payment Deferral (closed)

Eligibility

  • All government loans, including those under the:
    • Farm Loan Board
    • Fisheries and Aquaculture Loan Board
    • Jobs Fund
    • Nova Scotia Business Fund
    • Municipal Finance Corporation
    • Housing Nova Scotia

Benefit

  • Government will defer payments until June 30, 2020

Action Needed

  • No action required

COVID-19 Agriculture Response Program (closed)

Eligibility

  • These businesses and organizations can apply to the program:
    • Farms
    • Agri-business
    • Agricultural industry associations

Benefit

  • Four streams for funding; finding does not need to be repaid
  • Stream 1: COVID-19 adaptation
  • Stream 2: COVID-19 strategic projects

Action Needed

  • Application period closed March 1, 2022

COVID-19 Emergency On-Farm Support Fund Program (closed)

Eligibility

  • Farms can apply to the program if they:
    • Are currently registered under the Farm Registration Act
    • Have an owner who is at least 19 years old
    • Report gross commodity income of at least $30,000
    • Have at least 5 employees
    • Adhere to the Federal Quarantine Act
  • Eligible project costs include:
    • Adjustments to farm operations to ensure worker safety during the COVID-19 pandemic
    • Personal protective equipment
    • Costs related to training workers on COVID-19 protocols

Benefit

  • Applicants are eligible for assistance of 75% on eligible project costs to a maximum of $50,000
  • Disposable personal protective equipment is capped at 10% of eligible project cost, to a maximum of $7,000

Action Needed

  • Claim deadline is February 1, 2021

Small Business Credit Support (closed – program has ended)

Eligibility

  • Small businesses that do not qualify for the federal CEBA program
  • Decline of at least 30% in revenue

Benefit

  • Guaranteed loan through the Credit Union
  • Cash grant of up to $1,500
  • Free professional advice to help adapt and recover from the effects of COVID-19

Action Needed

  • Application period is closed

 

NS Support for Individuals

NS Student Assistance COVID-19 Support Grant (closed)

Eligibility

  • All students receiving NS Student Assistance in 2020-21 

Benefit

  • One-time $750 grant will help students cover lost earnings and other unexpected costs related to their studies

Action Needed

  • No application necessary
  • Most students will receive their grant in January 2021
  • Students beginning studies in spring or summer of 2021 will receive grant then

Worker Emergency Bridge Fund (closed – program has ended)

Eligibility

  • Nova Scotian residents who:
    • are 18 years of age or older;
    • are laid off or out of work because of COVID-19, on or after March 16, 2020;
    • who don’t qualify for Employment Insurance; and earn between $5,000 and $34,000
    • Have applied for (or plan to apply) for the Canada Emergency Response Benefit (CERB)

Benefit

  • Benefit is a one-time payment of $1,000; it can be combined with the CERB

Action Needed

  • Apply by calling 1-800-863-6582 to speak with a Canadian Red Cross agent
  • Documentation will need to be provided with application (Record of Employment for employees; SIN, CRA business number and 2018 personal income tax return if self-employed)

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