Canada Emergency Business Account

Start your Application

TCU Financial Group is now accepting applications for the Canada Business Emergency Account (CEBA). Our dedicated, local Business Solutions Team is here to help. Contact us today to find out more about CEBA.

To begin your application, please contact our Business Solutions Team

The Government of Canada is currently making changes to CEBA. Eligibility and application deadlines may change as a result. If you have questions or concerns please contact our Business Solution's team.

Program Details

CEBA is a program created by the Government of Canada in partnership with Export Development Canada (EDC) to provide small businesses access to capital to help them through the current challenges of COVID-19.

CEBA provides a $40,000 interest-free loan to small businesses and not-for-profits to help cover their operating costs where revenues have been temporarily reduced due to the economic impacts of COVID-19.

Small business owners who repay the balance of the loan on or before December 31, 2022 will receive a loan forgiveness of 25% (up to $10,000).

For more information about Government of Canada COVID-19 programs visit their website.

How do I prepare for my application? Expand/Collapse


We recommend you compile these documents before starting your application.  

  • Locate your 2019 T4 Summary of Remuneration Paid statement. You can contact the Canada Revenue Agency to have them re-issue your 2019 statement
  • Your employer account number, as reported at the top of your 2019 T4 Summary of Remuneration Paid
  • Your employment income reported in Box 14 of your 2019 T4 Summary of Remuneration Paid
  • A copy of your 2019 T4 Summary of Remuneration Paid may be requested by TCU Financial Group and the Government of Canada
 

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