Canada Emergency Business Account Now Open to Businesses Using Personal Bank Accounts

OTTAWA: Gerald Soroka, Member of Parliament for Yellowhead, is pleased to inform constituents that the Canada Emergency Business Account (CEBA) will be available to businesses that have been operating out of a non-business banking account. This change will greatly help farmers and smaller businesses that were not previously eligible.
To be eligible, businesses must:
• have been operating as a business as of March 1, 2020
• must successfully open a business account at a Canadian financial institution that is participating in CEBA, and
• meet the other existing CEBA eligibility criteria.
The deadline to apply for CEBA is December 31, 2020.

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