Throughout the COVID-19 pandemic, NSFA’s main goal has been ensuring Nova Scotians have access to safe, healthy, high-quality food. NSFA continues to work on behalf of our farmers during these unprecedented times in an effort to minimize the impact of COVID-19 on your operations.
Like many sectors throughout Canada, COVID-19 has had an impact on the agriculture industry here in Nova Scotia. Some of the key concerns that have been raised in relation to the COVID-19 pandemic are the arrival of temporary foreign workers, ensuring meat inspectors are able to continue working through this time, and the impact social distancing is having on farm profit.
During this time, NSFA has been working hard to keep our members up to date on our actions and providing them with new information as it comes available. Through social media and our email distribution we are doing our best to keep you informed! If you aren’t signed up for our eNews you can do so here.
COVID-19 Financial Relief Measures Guide *Updated November 25, 2020, reflecting the following changes:
- Information on the Canada Emergency Rent Subsidy (CERS) and how to apply.
November 4, 2020, update:
- Mandatory Isolation Support for Temporary Foreign Workers Program (MISTFWP) is extended again until November 30, 2020.
- Bill C-9, An Act to Amend the Income Tax Act (Canada Emergency Rent Subsidy and Canada Emergency Wage Subsidy), was introduced and includes the following business supports:
• The new Canada Emergency Rent Subsidy, provides direct rent/mortgage interest support to tenants and property owners until June 2021. It supports businesses, charities, and non-profits that have suffered a revenue drop by providing up to 65% of eligible expenses until December 19, 2020.
• The new Lockdown Support, provides an additional 25% through the Canada Emergency Rent Subsidy for qualifying organizations that are subject to a lockdown and must shut their doors under a public health order.
• Extension of the Canada Emergency Wage Subsidy until June 2021. It remains at the current rate of up to 65% of eligible wages until December 19, 2020.
October 28, 2020, update:
- Emergency On-Farm Support Fund: Applicants are eligible for federal assistance and a provincial top-up, for up to 75 per cent of eligible project costs, to a maximum of $50,000.
- Canada Emergency Business Account (CEBA): As of October 26, 2020, eligible Canadian businesses that currently operating through a personal bank account will be able to apply for CEBA. CEBA support is being expanded from $40K to $60K.
- Mandatory Isolation Support for Temporary Foreign Workers Program (MISTFWP): Last chance as applications close October 31, 2020. The MISTFWP will provide a maximum non-repayable contribution amount of $1,500 for each temporary foreign worker.
*We continue to monitor all federal, provincial, and municipal business assistance programs relevant to agriculture and agri-food businesses in Nova Scotia. This guide is updated as programs are revised.