Small businesses in Canada are the backbone of the country but it’s not always easy for Canadians that run them. The pandemic had a major effect on how people spend their money now as many people lost their jobs or were laid off. This has caused many small businesses to lose customers and reduced the amount of money made. The good news is the Government of Canada understands how important small businesses are for every community. This is why there are various government grants to support small business owners.
The government grants across the country are available for all business types and may vary depending on the province and specifics. For example, in isolated areas of the country, you’ll see special grants that promote business and services for the area. These grants are non-repayable and can help your business grow and recover for long term stability.