Portal for Federal Subsidies for Period 24 (December 19, 2021, to January 15, 2022)
The federal government announced that the application portals for business subsidy programs will open on the following dates:
Period 24: February 7, 2022
Period 25: March 1, 2022
Regulatory changes announced in December temporarily expand eligibility for wage and commercial rent support for businesses and other organizations under the Local Lockdown Program. These changes would:
Apply to claim periods 24 and 25 (December 19, 2021, to February 12, 2022)
Allow those entities to qualify if they are subject to a capacity-limiting public health restriction of 50 per cent or more
Reduce the current-month revenue decline threshold requirement to 25 per cent for those entities
As a reminder, the federal subsidies available are: