Are grants and loans for small businesses the only way the government helps entrepreneurs in Canada?
Although grants and loans are perhaps the most common way the government can help eligible small businesses in Canada, it also offers seminars, education courses, tax considerations, and other forms of assistance. Canadian government recognises the long term benefits of helping sustain small businesses in Canada rather than letting them collapse. This is because such grants and loans programs help create jobs in Canada and other areas where the funding is available, not to mention other benefits such as increasing tax revenue and drawing foreign interest or increasing tourism.
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You can also take advantage of the Small Business Startup Assessment Tool below and see the tools and resources you need to succeed at launching your business. It takes just a minute and will also tell you if there may be any funding programs available.
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