Many small businesses are struggling to keep their doors open with pandemic restrictions taking a toll on their finances. The province has launched an Ontario Business Costs Rebate Program to support businesses impacted by the current public health measures.
Eligible businesses will receive rebate payments for a portion of their property tax and energy costs that they incurred due to current capacity limits or temporary closures. The rebate will amount to 50-100% of the costs depending on the degree to which the business is subject to public health restrictions.
Which small businesses are eligible?
- restaurants and bars
- personal care services (hair or body)
- retailers (non-grocery, less than 50,000 sq ft)
- gyms and other indoor sports and recreational facilities
- places of worship
- indoor meeting and event spaces available for rent
For a complete list of the eligible businesses, please visit https://www.app.grants.gov.on.ca/obcrp/#/
To receive the grant, a small business from the list above must have been required to close due to public health orders that took effect on January 5, 2022, have fewer than 100 employees as of December 31, 2021, and be an active business as of January 14, 2022.
“Small businesses are the backbone of our economy and add tremendous value to our community in Mississauga-Malton,” said MPP Deepak Anand. “The rebate program supports business most impacted financially by public health restrictions as we work together to reopen the economy while keeping everyone safe”.
Online applications are open at https://www.app.grants.gov.on.ca/obcrp/#/. In the application, businesses will be required to submit proof of costs associated with property tax and energy bills. MPP Anand’s office is willing to provide assistance with the application.