Language selection

Search

Regional Relief and Recovery Fund: Overview

From: Innovation, Science and Economic Development Canada

Ongoing support to help affected businesses and communities cope with the impacts of the pandemic

The Regional Relief and Recovery Fund (RRRF) is providing assistance to businesses and communities that may require additional support to cope with and recover from the pandemic. The RRRF is part of Canada’s COVID-19 Economic Response Plan.

The fund will help to:

Recognizing the importance of the RRRF in supporting small businesses, the government is increasing the fund by up to $500 million. The funds will go to regional development agencies and the Community Futures Network of Canada, bringing total funding to over $2 billion—25% of the funding is earmarked for the struggling tourism sector.

This expanded funding allows the RRRF to continue to be a backstop for eligible firms. It mirrors the support offered by other federal programs such as the Canada Emergency Business Account (CEBA) or the Business Credit Availability Program (BCAP) as they evolve to meet the needs of businesses. Businesses that are already receiving support from the RRRF could now receive up to $20,000 in additional funding if they meet the eligibility criteria.

To review RRRF eligibility requirements and to apply for support, contact your local regional development agency:

Atlantic Canada Opportunities Agency (ACOA) 
For businesses located in New Brunswick, Newfoundland and Labrador, Nova Scotia, and Prince Edward Island
1-800-561-7862

Canada Economic Development for Quebec Regions (CED)
For businesses located in Quebec
1-800-561-0633

Federal Economic Development Agency for Southern Ontario (FedDev Ontario)
For businesses located in Southern Ontario
1-866-593-5505

Federal Economic Development Initiative for Northern Ontario (FedNor)
For businesses located in Northern Ontario
1-877-333-6673

Western Economic Diversification Canada (WD)
For businesses located in Alberta, British Columbia, Manitoba and Saskatchewan
1-888-338-9378

Canadian Northern Economic Development Agency (CanNor)
For businesses located in the Northwest Territories, Nunavut and Yukon
1-855-897-2667

Other support measures are available to you! Visit Managing your business during COVID-19 to learn more.

Date modified: