Government Grant, Repayable Contribution

Emergency assistance to small and medium-sized businesses (COVID-19) | Aid to businesses in regions on maximum alert (AERAM)

In order to support establishments targeted by a closure order, the Assistance to Businesses in Regions on Maximum Alert (AERAM) component allows loan forgiveness (non-refundable financial assistance) under the following conditions:

• it applies to loans granted under the PAUPME after December 20, 2021;
• it covers the portion of eligible fixed costs not claimed under another government program and disbursed for the closure period in question, namely:
  • municipal and school taxes,
  • the rent,
  • interest paid on mortgages,
  • costs related to public services (e.g. electricity and gas),
  • the insurance,
  • telecommunications costs,
  • permits and association fees.

• 4.5/5.0
• Québec
• All levels
• Last updated 3 months ago
• English