Who is covered by the Government of Canada's Business Credit Availability Program (BCAP)?

  • Small and medium-sized businesses directly or indirectly affected by COVID-19 that were previously financially viable;
  • With a particular focus on certain sectors including air transportation, tourism, and the oil and gas sector;
  • At this time, only exporting companies are eligible for the EDC’s Loan Guarantee for SMEs program.
  • To be eligible for the Canada Emergency Business Account, small businesses will need to demonstrate they paid between $50,000 to $1 million in total payroll in 2019.