REALTORS® serving Calgary and area

As we navigate through the COVID-19 pandemic, we want to ensure Calgarians have access to the most current information. We've compiled this list of resources to help you:

Financial support for individuals

Canada Recovery Benefit (CRB)

The Canada Recovery Benefit (CRB) gives income support to employed and self-employed individuals who are directly affected by COVID-19 and are not entitled to Employment Insurance (EI) benefits. The CRB is administered by the Canada Revenue Agency (CRA).

If you are eligible for the CRB, you can receive $1,000 ($900 after taxes withheld) for a 2-week period.

If your situation continues past 2 weeks, you will need to apply again. You may apply up to a total of 19 eligibility periods (38 weeks) between September 27, 2020 and September 25, 2021.

Click here for more information on CRB.

Canada Recovery Sickness Benefit (CRSB)

The Canada Recovery Sickness Benefit (CRSB) gives income support to employed and self-employed individuals who are unable to work because they are sick or need to self-isolate due to COVID-19, or have an underlying health condition that puts them at greater risk of getting COVID-19. The CRSB is administered by the Canada Revenue Agency (CRA).

If you are eligible for the CRSB, you can receive $500 ($450 after taxes withheld) for a 1-week period.

If your situation continues past 1 week, you will need to apply again. You may apply up to a total of 4 weeks between September 27, 2020 and September 25, 2021.

Click here for more information on CRSB.

Canada Recovery Caregiving Benefit (CRCB)

The Canada Recovery Caregiving Benefit (CRCB) gives income support to employed and self-employed individuals who are unable to work because they must care for their child under 12 years old or a family member who needs supervised care. This applies if their school, regular program or facility is closed or unavailable to them due to COVID-19, or because they are sick, self-isolating, or at risk of serious health complications due to COVID-19. The CRCB is administered by the Canada Revenue Agency (CRA).

If you are eligible for the CRCB, your household can receive $500 ($450 after taxes withheld) for each 1-week period.

If your situation continues past 1 week, you will need to apply again. Each household may apply up to a total of 38 weeks between September 27, 2020 and September 25, 2021.

Click here for more information on CRCB.

Mortgage payment deferrals

According to the Canada Mortgage and Housing Corporation (CMHC), "Homeowners facing financial stress may be eligible for a mortgage payment deferral up to six months to help ease the financial burden." For more information, click here.

To determine your eligibility or request a mortgage payment deferral, contact your lender:

  • ATB Financial – 1-800-332-8383
  • B2B Bank – 1-800-263-8349
  • BMO – 1-877-895-3278
  • Bridgewater Bank – 1-866-243-4301
  • CIBC – 1-800-465-2422
  • CMLS Financial – 1-888-995-2657
  • CWB Optimum Mortgage – 1-866-441-3775
  • Equitable Bank – 1-888-334-3313
  • Connect First Credit Union – 403-736-4000
  • Chinook Financial – 403-934-3358
  • First Calgary Financial – 403-736-4000
  • First National Financial – 1-888-488-0794
  • Haventree Bank – 1-855-272-0051
  • Home Trust Company – 1-855-270-3630
  • HSBC – 1-888-310-4722
  • ICICI Bank – 1-888-424-2422
  • Manulife Bank – 1-877-765-2265
  • MCAP – 1-800-265-2624
  • Merix Financial – 1-877-637-4911
  • Marathon Financial – 1-855-503-6060
  • RBC – 1-800-769-2511
  • RFA Bank of Canada – 1-877-416-7873
  • RMG Mortgages – 1-866-809-5800
  • Scotiabank – 1-800-472-6842
  • Servus Credit Union – 1-877-378-8728
  • TD Canada Trust – 1-866-222-3456

Additional Links

Financial support for small businesses, startups and entrepreneurs

Canada Emergency Wage Subsidy (CEWS)

The Canada Emergency Wage Subsidy (wage subsidy) is a subsidy that was initially available for a period of twelve weeks (made up of three 4 week periods), from March 15, 2020 to June 6, 2020, that provides a subsidy of up to 75% of eligible remuneration, paid by an eligible entity (eligible employer) that qualifies, to each eligible employee – up to a maximum of $847 per week.

The government has since extended the wage subsidy to June 30, 2021. It has provided details for claim periods until June 5, 2021, for a total of 64 weeks consisting of sixteen 4 week periods.

Click here for more information and to apply for the CEWS. 

Canada Emergency Business Account (CEBA)

This program provides interest-free loans of up to $60,000 to small businesses and not-for-profits.

Repaying the balance of the loan on or before December 31, 2022 will result in loan forgiveness of 33 percent (up to $20,000).

As of December 4, 2020 approved CEBA applicants can now receive a $60,000 loan. CEBA applicants who have received the $40,000 CEBA loan may apply the CEBA expansion, which provides eligible businesses with an additional $20,000 of financing.

Click here to learn more about the CEBA.

Canada Emergency Rent Subsidy (CERS)

Canadian businessesnon-profit organizations, or charities who have seen a drop in revenue during the COVID-19 pandemic may be eligible for a subsidy to cover part of their commercial rent or property expenses, starting on September 27, 2020, until June 2021.

This subsidy will provide payments directly to qualifying renters and property owners, without requiring the participation of landlords.

If you are eligible for the base subsidy, you may also be eligible for lockdown support if your business location is significantly affected by a public health order for a week or more.

Click here for more information about CERS. 

Additional Links

Government COVID-19 information

Alberta Health Services (AHS)

Mental health

Home buyers and sellers

Local organizations