Regional Relief and Recovery Fund

Regional Relief and Recovery Fund

The Regional Relief and Recovery Fund (RRRF) provides financial contributions (interest-free loans) to help support fixed operating costs of SMEs, where business revenues have been affected by the COVID-19 pandemic and they have been unable to access other Government of Canada measures.

The Fund, valued at more than $962 million nationally, is delivered by Canada’s six regional development agencies.

In southern Ontario, FedDev Ontario is delivering $252.4 million through the following initiatives:

Applicant toolkit

Applicant checklist

Eligible applicants for FedDev Ontario funding must:

Priority may be given to SMEs in the manufacturing, technology, tourism and other sectors key to the region, that are major employers in small communities or that support the government’s commitment to underrepresented groups.

Applications can be submitted for:

For more information, please view the program guidelines.

Next steps:

CFDC funding to support rural businesses with access to capital

To provide targeted assistance to the small towns and communities they serve, CFDCs will assist "main street" businesses, such as retail shops, restaurants and corner stores, etc., and businesses of strategic importance to their communities, with loans up to $40,000.

Next steps:

Applicants will not receive RRRF assistance from both their local CFDC and FedDev Ontario. Review the program guidelines to see which stream is right for you and contact us if you have any questions before applying.

Please visit our COVID-19 response page for information on additional support offered by FedDev Ontario and the Government of Canada.

Features

Tourism Industry Association of Ontario
Tourism Industry Association of Ontario

Support for southern Ontario's tourism sector

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