Changes to CEBA (Canada Emergency Business Account) eligibility

On May 19, the Prime Minister announced expanded eligibility of the Canada Emergency Business Account (CEBA)The program will now be available to a greater number of businesses that are sole proprietors receiving income directly from their businesses, businesses that rely on contractors, and family-owned corporations that pay employees through dividends rather than payroll. 

The expanded criteria also now includes businesses who previously were not eligible due to payroll lower than $20,000 if they meet the following requirements: 

  • a business operating account at a participating financial institution 
  • a Canada Revenue Agency business number, and to have filed a 2018 or 2019 tax return. 
  • eligible non-deferrable expenses between $40,000 and $1.5 million. Eligible non-deferrable expenses could include costs such as rent, property taxes, utilities, and insurance. 

It is expected that the launch date for applications under this new eligibility criteria will be available in the coming days, and that funding will continue to be delivered in partnership with financial institutions. 


HGA Recommends 

Watch your emails for updates from your primary financial institution and HGA. If you previously did not qualify for CEBA, you may now qualify under the expanded eligibility criteria. 

HGA will continue to update our COVID-19 resource centre with information about the CEBA and other benefits and programs and more information is released.  

You can find our resource centre here
If you have any questions, please contact your HGA Advisor or Natalie Pon at