Canada Emergency Business Account

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The Government of Canada and the Export Development Canada (EDC) have launched the Canada Emergency Business Account (CEBA) loan program to support eligible businesses and non-profits with an interest-free, government-backed loan of $60,000 to help ease the financial stress experienced as a result of the economic challenges brought on by the COVID-19 pandemic.

Read below for more program information, updates, and how to apply below.


Update (Friday, December 11): The Government of Canada, alongside its partners EDC have expanded the Canada Emergency Business Account (CEBA) loan program to provide additional financial support to those eligible Canadian small businesses and non-profits who unprecedented economic challenge brought on by the COVID-19 pandemic to those eligible.


Under this expansion, the CEBA program will now provide access to an additional $20K to eligible borrowers who already received a $40,000 loan and $60,000 for new applicants to CEBA.

If you have an existing CEBA loan with your credit union and wish to apply for the additional financing, select your credit union below to begin the application process.

If you are a new applicant who has not previously applied or does not have ab application pending, and wish to apply for a CEBA loan, please complete the EDC pre-screening tool to see if you may be eligible.

Once you have completed the EDC pre-screening tool, please contact your credit union to open a business chequing/operating account here, and start your application by selecting your credit union using the menu below.

For more information and frequently asked questions on the CEBA Program, visit the Government of Canada website.


To apply for the program, select your credit union using the menu below.