Canada Small Business Financing Program

July 2022 update: The amendments to the Canada Small Business Financing Regulations and Canada Small Business Financing Act came into force on July 4, 2022. They provide lenders and small businesses with additional financing products, new class of loans, increased loan amounts and terms, improved loan conditions and decreased administrative burden. Financial institutions are currently in the process of rolling out these changes to start offering all of the enhanced features shortly. The Canada Small Business Financing Program makes it easier for small businesses to get loans from financial institutions by sharing the risk with lenders. Term loans can be used to finance the following costs: purchase or improvement of land or buildings used for commercial purposes purchase or improvement of new or used equipment purchase of new or existing leasehold improvements, that is, renovations to a leased property by a tenant intangible assets and working capital costs Lines of credit can be used to pay for working capital costs, that is, day-to-day operating expenses of the business. The maximum loan amount for any one borrower is $1.15 million. Contact your nearest lending agency, or agency of choice to learn more: Credit Unions East Coast Credit Union Limited 1168 East Margaree Road Margaree NS St. Joseph’s Credit Union 3552 Highway 206 Petit De Grat NS New Waterford Credit Union 3462 Plummer Avenue New Waterford NS Sydney Credit Union 95 Townsend Street P.O. Box 1386 Sydney NS Bank of Montreal 37 Union Street Glace Bay NS Bank of Nova Scotia 765 Main Street Sydney Mines NS 299 Commercial Street P.O. Box 40 North Sydney Ns 125 Commercial Street Glace Bay NS 634 Reeves Street Unit 18 Port Hawkesbury NS Canadian Imperial Bank of Commerce 11 Keltic Drive Sydney River NS 15 Dorchester St. Sydney NS Toronto Dominion Bank 292 Charlotte Street Sydney NS

Canada-United States-Mexico Agreement (CUSMA)

On November 30, 2018, Canada, the United States and Mexico signed the new Canada-United States-Mexico Agreement (CUSMA), on the margins of the G20 Leaders’ Summit in Buenos Aires. Parties are now undertaking their domestic process towards ratification and implementation of the CUSMA. The CUSMA outcomes preserve key elements of this trading relationship and incorporate new and updated provisions that seek to address 21st-century trade issues and promote opportunities for the nearly half a billion people who call North America home.

Canadian Association of Insolvency and Restructuring Professionals

Members of the Canadian Association of Insolvency and Restructuring Professionals (CAIRP) are recognized as “specialists,” not only in bankruptcy/proposal and traditional insolvency work but also in the area of turnaround and restructuring initiatives. They are recognized as Chartered Insolvency and Restructuring Professionals (CIRP).

Canadian Commercial Corporation

The Canadian Commercial Corporation (CCC) helps Canadian exporters sell products and services abroad — and helps foreign governments purchase Canadian solutions to satisfy their national procurement priorities. For Canadian exporters looking to sell to foreign government buyers, our government to government contracting approach improves access to senior procurement decision-makers, enhances proposal credibility, accelerates the procurement process, and reduces contract and payment risk. We also make it easy for government buyers in other countries to connect with qualified Canadian suppliers so they can undertake urgent acquisitions faster, access expertise not available from domestic suppliers, and reduce the risk of bribery and corruption in the procurement process.

Canadian Heritage – Young Canada Works in Both Official Languages

Your incorporated private business or non-profit organization may be eligible for a wage subsidy to hire a bilingual summer student. To be eligible you must:   Offer 30-40 hours a week of work for a period of 6-16 weeks Conduct activities in both official languages   Once enrolled, you will have access to a pool of talented and innovative youth.

Canadian Intellectual Property Office- Calendar of Events

Find events to help you with your intellectual property questions.

Canadian International Innovation Program

The Canadian International Innovation Program (CIIP) supports Canadian companies to pursue international research and development (R&D) collaboration with a foreign partner on projects that have the potential for commercialization. CIIP can help you find R&D partnerships in: Brazil China India Israel South Korea Who Can Apply? Canadian companies that are: incorporated, for-profit small or medium-sized enterprise seeking to develop new or improved products, services, or processes with a high potential for commercialization ready to collaborate on a R&D project with a foreign partners

Cape Breton Partnership

The Cape Breton Partnership is Cape Breton-Unama’ki’s private sector-led economic development organization that supports companies and entrepreneurs by promoting our island as a great place to live, work, and invest; growing a culture that values and celebrates creativity, innovation and entrepreneurship; and connecting entrepreneurs and companies to the resources they need to succeed.

Cape Breton Partnership – Atlantic Immigration Program

The Atlantic Immigration Program (AIP) is a pilot project that attracts and retains skilled immigrants in Atlantic Canada. This program helps employers who are looking to hire full-time, non-seasonal international candidates (from inside or outside of Canada).

Cape Breton Partnership – Connector Program

The Connector Program matches community and business leaders (Connectors) with immigrants, international and local graduates (Connectees) in their industry of expertise. The Connector Program is a simple and effective networking program that connects driven individuals with industry leaders who can help facilitate the growth of their careers here in Cape Breton.