Regional Relief and Recovery Fund: Overview
Ongoing support to help affected businesses and communities cope with the impacts of the pandemic
As part of Canada’s COVID-19 Economic Response Plan, the Regional Relief and Recovery Fund (RRRF) is providing over $1.5 billion in assistance to businesses and communities that may require additional support to cope with and recover from the pandemic.
The fund will help to:
- mitigate the financial pressure experienced by businesses and organizations to allow them to continue their operations, including paying their employees; and
- support projects by businesses, organizations and communities to prepare now for a successful recovery.
In the Fall Economic Statement 2020, the government proposed to top up the RRRF with an additional $500 million. This proposed top-up will replicate the newly announced loan limit increases in the Canada Emergency Business Account program.
If approved by Parliament, the top-up would bring total RRRF funding to over $2 billion.
Other support measures are available to you! Visit Managing your business during COVID-19 to learn more.
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
Canada Economic Development for Quebec Regions (CED)
For businesses located in Quebec
Federal Economic Development Agency for Southern Ontario (FedDev Ontario)
For businesses located in Southern Ontario
Federal Economic Development Initiative for Northern Ontario (FedNor)
For businesses located in Northern Ontario
Western Economic Diversification Canada (WD)
For businesses located in Alberta, British Columbia, Manitoba and Saskatchewan
Canadian Northern Economic Development Agency (CanNor)
For businesses located in the Northwest Territories, Nunavut and Yukon
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