Apply Now – Regional Relief and Recovery Fund (RRRF)

COVID-19 INFORMATION

Community Futures West Yellowhead staff are working and able to assist you. However, our office is closed to the public. We are not facilitating in-person meetings, training and/or workshops until further notice.

If you would like to speak to a staff member about our programs and services, please contact our office at (780) 865-1224, or use the ‘Book A Virtual Appointment’ link above to make an appointment.

Latest news

WB Central Biz - Flood & COVID Recovery Resources - Shop Local!

Navigating Our Recovery Together


WB Central is your main go-to for business resources and support. Get access to local programs and initiatives actioned by the Business Recovery Task Force. WBCentral.BIZ

Regional Relief and Recover Fund - NEW

New Funding Available to Rural Businesses in Western Canada

Small and medium size businesses in rural communities have been hit hard by COVID19. Until now, many have not qualified for federal government funding supports such as the Canada Emergency Business Account (CEBA) or Business Credit Availability Program (BCAP). That is about to change. 

Rural businesses will be able to apply for loans of up to $40,000 from the $95.7 million earmarked for Western Canada through the Government of Canada’s Regional Relief and Recovery Fund.  For more information, please contact Community Futures Wood Buffalo at 780-791-0330 ext. 2 or by cfwbmanageratalbertacf.com (subject: Regional%20Relief%20and%20Recovery%20Fund%20-%20Inquiry) (email).

Regional Relief and Recovery Fund and Community Futures Facts Sheet 

News Release - Western Economic Diversification Canada 

News Release - Community Futures PanWest

Fort McMurray Flood Recovery of Commercial Spaces Begins

Damage assessment teams, consisting of building and safety codes inspectors have been rapidly deployed to inspect each commercial property in the indirect flood-zone. These damage assessments will provide a better idea of the extent of damage to commercial properties.

After these commercial damage assessments are completed, business owners who are deemed crucial for providing re-entry resources, and who are approved by the Regional Emergency Coordination Centre, will be able to return to their properties to assess damages, and begin the recovery process.

Although these properties are located in zones that were not directly affected by flood waters, there is a strong possibility that damage could be present.

The facilitation of access for crucial re-entry resources will begin today.

Officials within the Regional Emergency Coordination Centre have determined a specific list of these re-entry resources, and will be in direct contact with these resources. Critical re-entry resources include key government infrastructure, grocery stores, hardware stores, gas stations, hotels, and pharmacies.  At this time, other requests for access for assessment are not being granted.

Further details on the recovery plan will be provided regularly on the RMWB Website.

Regional Relief and Recovery Fund (RRRF)

On behalf of the Community Futures Network of Canada and the 268 Community Futures Organizations located in rural areas and territories across Canada, we applaud the Prime Minister's announcement from Friday, April 17th where $287M dollars have been allocated to the Community Futures Network.

This funding will be allocated towards smaller employers and businesses located in rural parts of the country who do not qualify for the recently announced wage subsidy or loans or still need assistance in managing their operations through these challenging times.

As Canadians work together to limit the spread of COVID-19, the severe financial impacts of the pandemic and physical distancing measures have ben particularly challenging for rural communities and the small businesses that they rely on to provide essential goods and service. The loss of one of these businesses in a small community, where there are no other local options, can be devastating. And we know that some of the greatest impacts, in seasonal industries like tourism, are yet to come.

That's why we are so appreciative of the supports announced today by Prime Minister Trudeau.

The higher operating costs faced by rural small businesses and the smaller markets that they serve mean that the current loss of revenues is felt harder, and that their road to recovery will be longer and more challenging. The funds announced today will go a long way towards making that road easier to travel.

The Government of Canada RRRF

COVID-19 Support for Small Business

Canada Emergency Business Account (CEBA) 

We wanted to share some additional details about the Canada Emergency Business Account (CEBA), which was announced by the Government of Canada on March 27.

What is the Canada Emergency Business Account (CEBA)?

To ensure that small businesses have access to the capital they need to see them through the current challenges, the Government of Canada has announced the launch of the new Canada Emergency Business Account, which will be implemented by eligible financial institutions in cooperation with Export Development Canada (EDC).

This $25 billion program will provide interest-free loans of up to $40,000 to small businesses and not-for-profits, to help cover their operating costs during a period where their revenues have been temporarily reduced, due to the economic impacts of the COVID-19 virus.  This will better position them to quickly return to providing services to their communities and creating employment. 

To learn more about CEBA, please refer to the Department of Finance Canada website.  To enrole online, please see the Royal Bank of Canada.

 

Business Credit Availability Program (BCAP)

We live and work right here in Fort McMurray just like you, and we are standing ready to provide financing and support to local businesses through these uncertain times. 

While developments are happening quickly, we are offering the following information to help you plan and respond to this rapidly changing situation. 

The Government of Canada established this program to further support financing in the private sector through the Business Development Bank of Canada (BDC) and Export Development Canada (EDC).

Businesses seeking support through BCAP should first contact their financial institutions for an assessment of their situation.
If you are an existing Community Futures client reach out to us and we'll help you assess your situation.
Existing BDC clients should reach out to their account manager for additional information.

Canada’s COVID-19 Economic Response Plan

On March 18, 2020, the Prime Minister announced a new set of economic measures to help stabilize the economy during this challenging period. These measures, delivered as part of the Government of Canada’s COVID-19 Economic Response Plan, will provide up to $27 billion in direct support to Canadian workers and businesses.

 

Supporting Employers & Employees

Alberta Government Resources

Respiratory viruses and the workplace: OHS information for employers, supervisors and workers

Employment standards rules

Pandemic Business continuity planning (PDF, 319 KB)

WCB COVID-19 worker fact sheet (PDF, 57 KB)

WCB COVID-19 employer fact sheet (PDF, 70 KB)

POSTERS: Help Prevent the Spread

 

Federal Government Resources

Employment and Social Development Canada

Work-Sharing program

CFIB Small Business Resources

Helpline to all business owners including non-CFIB members for advice on managing COVID-19 situations in the workplace.
Call at 1-888-234-2232.

Keeping your employees safe - (Canadian Federation of Independent Business)

 

Business Preparedness

General Small Business Resources

Alberta Pandemic Preparedness checklist for business

The Canadian Chamber of Commerce Pandemic Preparedness website

Continuity Plan Toolkit for Entrepreneurs - Business Development of Canada (BDC)

Economic Development Resouces

Tips for Alberta Business and Community Leaders – Economic Developers Alberta

 

If you need assistance, reach out to us. We are here to help!  780-791-0330   CFWBadminatalbertacf.com

 

Resources for Employers and Staff During COVID-19

GOVERNMENT OF CANADA RESOURCES

Find ongoing general updates from the Government of Canada.

For general business information.

Work-share Program:  The Government of Canada offers the Work-Sharing Program, which is designed to help employers and employees avoid layoffs when there is a temporary reduction in the normal level of business activity that is beyond the control of the employer.

For more info, check out the Work-Sharing program website or call the Employer Contact Centre at 1-800-367-5693.

Employment Insurance Program:  The Government of Canada offers benefits for individuals who may qualify if they have lost their job.  

COVID EI claims can be made at:  1-833-381- 2725.
 

GOVERNMENT OF ALBERTA RESOURCES

Current COVID updates.

Information for employers and employees:
     
Income Support Program

Income Support can help you and your family with basic living costs and other necessities. Depending on your needs and situation you may be eligible to receive assistance through Alberta’s Income Support program.  It is income/asset tested for your entire household and “ongoing” and/or “emergency benefit” streams.

Income support policy and contact information.  

Note: your local office may be assessing via telephone, not in person at this time.   

Information on employment rules for layoffs and terminations.

ADDITIONAL LINKS

• Canadian Chamber of Commerce.

• Flexibility regarding filing Taxes.

• Fort McMurray Chamber of Commerce is updating their websites regularly with very good information.

VALUABLE INFORMATION FOR SMALL BUSINESS IN CANADA

The Canadian Federation for Independent Business has an extensive database of information through their COVID-19 Small Business Help Centre. Access it by clicking here.

 

Stay healthy & hopeful.

Alberta Business Impact Survey

As part of Community Futures Wood Buffalo's response to the current climate, we want to ensure our clients and community partners have a voice through the The Economic Disaster Recovery Program.

The Business Impact Survey developed by the Ecomomic Disaster Recovery Program has been designed to gather data specific to the effect the COVID-19 pandemic is having on Alberta businesses.

Read more and take the survey here

 

Business Scale-up and Productivity - Funding Opportunity

Western Economic Diversification Canada (WD) makes strategic investments in key economic sectors and also supports the development of leading industry geographic clusters through its Business Scale-up and Productivity (BSP) program.  BSP supports high-growth* businesses that are scaling up and producing innovative goods, services or technologies. It offers interest free repayable funding to incorporated businesses.

Expressions of interest (EOIs) to request funding support will be accepted during the following intake periods:

September 15 to October 14, 2020
January 15 to February 16, 2021

For more information about the program check out the Government of Canada Website

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Community Futures Wood Buffalo
9912 Franklin Ave
Suite 105
Fort McMurray, AB T9H 2K5

780-791-0330

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Communities Served

Anzac, 
Chard, 
Cheecham, 
Conklin, 
Devenish, 
Draper, 
Fort Chipewyan, 
Fort Fitzgerald, 
Fort MacKay, 
Fort McMurray, 
Gregar, 
Janvier, 
Leismer, 
Lynton, 
Margie, 
Mariana Lake, 
Pingle, 
Quigley, 
Saprae Creek, 
Tar Island, 

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