Provincial Supports
LOANS AND GRANTS
The Province will begin accepting applications on Friday, Aug. 27, 2021, to support B.C.-based events through the new Fairs, Festivals and Events Recovery Fund.
The Government of B.C. is providing up to $12.9 million in one-time grants to eligible event organizers to support their efforts to resume safely. Grant amounts for each event will be up to 20% of the total event budget, to a maximum of $250,000 per application.
Eligible events include sport, arts and culture events, community celebrations, agricultural fairs, rodeos and exhibitions. Applications submitted by organizations will be required to demonstrate local or regional support and show the economic and social benefits for the community.
WAGE AND RENT SUPPORT
The B.C. Increased Employment Incentive offers a refundable tax credit for all private sector B.C. employers to encourage the creation of new jobs for B.C. workers or increased payroll for existing low or medium-income employees.
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The tax credit is calculated at 15% of the amount that the employer's qualifying B.C. remuneration exceeds the employer's base B.C. remuneration
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Remuneration increases over the last quarter of 2020 (October to December) are eligible
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Applications are open