Added support for your small business with the Canada Emergency Business Account

< Back

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.

Learn about the program, get the latest updates, and find information on how to apply below.

Update (March 31, 2021): The Government of Canada, alongside its partners EDC has announced that the application deadline for the Canada Emergency Business Account (CEBA) program has been extended to June 30, 2021.

If you are interested in applying for a CEBA loan and have not previously applied or does not have an active application pending, 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 or reach out to your local credit union.

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