Canada Emergency Business Account Request

Before getting started:

  • The individual making the request is an authorized signatory and therefore has the ability and authority to bind the company.
  • The company has a federal tax registration.
  • The company has an active commercial current account with the Laurentian Bank, which is its primary financial institution. This account was opened on or prior to March 1, 2020 and the company was not in arrears on existing borrowing facilities with Laurentian Bank by more than 90 days as at March 1, 2020.
  • The company is an operating company registered in Canada and operating on March 1, 2020.
  • The company’s total employment income paid in the 2019 calendar year was between Cdn.$20,000 and Cdn.$1,500,000.
    Or for applicants with Cdn.$20,000 or less in total employment income paid in the 2019 calendar year:
    • The Borrower has a Canada Revenue Agency business number and has filed a 2018 or 2019 tax return.
    • The Borrower has eligible non-deferrable expenses between Cdn.$40,000 and Cdn.$1,500,000. Eligible non-deferrable expenses could include costs such as rent, property taxes, utilities, and insurance. Expenses will be subject to verification and audit by the Government of Canada.
  • No request for the Canada emergency account program for Canadian businesses has been submitted to another financial institution. If so, the federal government could initiate legal action.
  • The company acknowledges its intention to continue to operate the business or to resume operations.

Documents required to fill out your form:

  • General information about the business
  • Canada Revenue Agency Business Payroll Number (BN) (15 characters), as reported at the top of the company’s 2019 T4 Summary of Remuneration Paid (T4SUM) or CRA Business Number (BN) (9 digits) if the company declares no employment income was paid in 2019
  • The sum of all employment income reported on all employee T4s for 2019 or business income as reported on its tax return of 2018 or 2019
  • Commercial current account number held at Laurentian Bank

For additional information, please visit ceba-cuec.ca

Important: To be valid, you must complete all 3 parts of the request form. Make sure you go all the way to the last page where you will submit your request.

Please select the situation that applies to your company:

The total employment income paid by the company during the 2019 calendar year was between Cdn. $ 20,000 and Cdn. $ 1,500,000.

The company paid total employment income of Cdn. $ 20,000 or less in the 2019 calendar year or declares no employment income was paid in 2019.