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Regional Relief and Recovery Fund (RRRF) — funding requests over $40,000

We are receiving a significant volume of applications and are processing as quickly as possible. You will receive an email with the status of your application as soon as it is assessed. Our call centres have no further information on your application.

To ensure that small businesses have access to the capital they need to see them through the current challenges resulting from COVID-19, Western Economic Diversification Canada (WD) will provide eligible businesses with interest free repayable funding of up to $1,000,000 under the Regional Relief and Recovery Fund (RRRF).

Guides and help


Apply to the RRRF

Who can apply for RRRF

The Regional Relief and Recovery Fund is open to any business that operates in Western Canada.

Businesses must meet the following mandatory criteria:

  • Have less than 500 full-time employees (FTEs)
  • Operate in Canada
  • Were operational as of March 1, 2020
  • Are located in Western Canada (defined as British Columbia, Alberta, Saskatchewan or Manitoba)
  • Have suffered financially because of the COVID-19 pandemic
  • Can demonstrate 2019 revenue, or be pre-revenue businesses that received angel or venture capital funding
  • Have applied for funding from other federal COVID-19 support measures, such as the Business Development Bank of Canada’s Co-Lending Program, and Export Development Canada’s Business Credit Availability Program
  • Intend to continue operations in Western Canada
  • Can describe the financial impact that COVID-19 has had on its operations, and outline how WD funding will help support the western Canadian economy to:
    • retain diverse and valuable talent
    • maintain sector knowledge and skills
    • maintain capital flow
    • maintain critical supply chains and increase capacity to withstand supply chain disruptions
    • protect technologies and processes that improve resilience, productivity, and/or competitiveness
    • protect vital intellectual property

Businesses that have received support from other Government of Canada relief funding measures, including the Business Development Bank of Canada’s Co-Lending Program, Working Capital Loan, and Oil and Gas Sector Capital Loan, as well as Export Development Canada’s Business Credit Availability Program, but require additional funding to mitigate liquidity pressures may still apply.

Sole proprietorships and not-for-profits are not eligible for RRRF.

You can also use the RRRF Eligibility Assistant to quickly determine if you can apply.

When to apply

Applications will be accepted on an ongoing basis and will be assessed as they are received. The RRRF will close once it successfully distributes funds to eligible businesses across Western Canada.

You will be notified by email with a decision on your application.

Funding is subject to availability.

How to apply

Businesses interested in applying to the RRRF must submit the following:

  • Completed application for relief funding (please note that this smart application form will customize the eligibility criteria based on the answers you provide)
  • Financial statements for the past two (2) years
  • Estimated 2020 cash flow needs from April 1, 2020, to September 30, 2020

Refer to the application guide for instructions on how to complete the form. Applications cannot be started and saved, so must be completed in one session. Incomplete applications will not be assessed and will be considered ineligible for funding.

Businesses are limited to the submission of one application for RRRF.

Under the RRRF, your funding request may be scaled to your operating deficit, but not be more than $1 million. For pre-revenue firms that have received angel or venture capital funding, requests will be scaled to 50% of annual operating costs to maintain operations for six months up to a maximum of $500,000, less other approved federal COVID supports.

Repayment terms

The following repayment terms will apply:

  • 100% of contribution must be repaid
  • No scheduled monthly repayments are required until after December 31, 2022
  • Three (3) year repayment period, beginning January 2023
  • The full balance of the contribution amount must be repaid no later than December 31, 2025

Disbursement of the contribution

If an application for funding is approved, you will be asked to review and accept a Contribution Agreement with WD, before funds will be disbursed (may include advanced payments).

The total amount of the contribution must be reported as income in the year in which the contribution is received.

Reporting requirements

Recipients will be required to attest that the full amount of the contribution was expended for fixed operating costs, such as rent, wages and salaries, utilities, insurance, debt expenses, professional fees, and property and business taxes.

Businesses will be required to submit a final report that includes:

  • Number of jobs maintained, as a result of RRRF
  • Confirmation that the business is continuing its operations
  • Other metrics as may be requested by WD

WD may request a copy of the Recipient’s financial statements.


Apply to the RRRF

More information and questions

For additional RRRF information, contact your nearest WD regional office.

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