person working on a laptop

COVID-19 Response Plan - Quebec Government - Support for Canadians

COVID-19 Response Plan - Quebec Government - Support for Canadians

Synopsis
7 Minute Read

COVID-19 Response Plan Quebec Government – Support for Canadians Last updated June 24, 2022, 4:00 pm MST

Insight
Insight

QC Support for Businesses

Emergency Assistance to Small and Medium-Sized Enterprises (PAUPME)

Eligibility

  • Companies from most sectors of activity are eligible for the program, as well as social economy enterprises (including cooperatives and non-profit organizations carrying out commercial activities)
  • To be eligible, the business must:
    • Have been in business in Quebec for at least six months
    • Be closed temporarily, likely to close or show warning signs of closure
    • Be in a context of maintaining, consolidating or relaunching its activities
    • Have demonstrated a cause and effect link between their financial or operation problems and the COVID-19 pandemic

Benefit

  • Loans of less than $50,000
  • 3% interest rate, moratorium on principal and interest repayment until September 1, 2021
  • Businesses subject to a closure order starting from December 20, 2021 can submit another application

Action Needed

  • Application period is closed
  • Moratorium on repayment of principal and interest related to financial assistance granted under this program is extended until June 30, 2022
  • More information can be found here

 

Federal Support for Canadians

  • For our summary of the Federal support programs for businesses and individuals, please visit HERE

Insights

  • Confidence

    August 28, 2025

    Retail Payment Activities Act: What you need to know

    On September 8, the Retail Payment Activities Act comes into effect, introducing new compliance requirements for payment service provider

  • Agility

    August 28, 2025

    10 game-changing lessons for transformation success

    Boards and leaders face growing pressures to transform. Explore 10 practical lessons to drive progress and create lasting change.

  • Agility

    August 27, 2025

    The human edge Skills that will never be automated

    Technology is getting faster and smarter. And it begs the question: where do humans have the edge?