Bank of Montreal, CIBC, National Bank of Canada, Royal Bank of Canada, Scotiabank and TD Bank have made a commitment to work with personal and small business banking customers on a case-by-case basis to provide flexible solutions to help them manage through challenges such as:
This support will include up to a six-month payment deferral for mortgages and the opportunity for relief on other credit products.
Canada Emergency Rent Subsidy: Rent and mortgage support for qualifying organizations affected by COVID‑19.
Grants, training and resources provided through the Toronto Main Street Recovery and Rebuild Initiative aim to assist small businesses in Toronto to recover from the impacts of COVID-19. The initiative includes the Retail Accelerator Program, Main Street Innovation Fund, CaféTO – Commercial and Industrial Property Improvement Program, Commercial Space Rehabilitation Grant Program, Little Jamaica/Eglinton West and plazaPOPS.