Financial incentives from the government
Tap into the government programs for businesses for tax breaks, wage subsidies or loan guarantees.
There’s government money available for your growing business. Why not take it?
Governments at all levels want your business to succeed, so they create programs to supply tax breaks, wage subsidies or loan guarantees. This article covers some of the more popular forms of business-boosting government assistance.
It can take a little digging, but chances are your business may be eligible for some form of financial support from government.
Federal, provincial and municipal governments collectively offer billions of dollars in financial incentives to small businesses in the form of grants, subsidies, loan guarantees, tax deductions and tax credits.
With a little research, you may find your business qualifies for one or more of these incentives, so check them out.
Find more information about these programs and incentives at the Government of Canada’s main business portal, called the Canada Business Network.
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