On August 31, 2020, the government of Canada announced an extension to the deadline for CEBA applications from August 31 to October 31, 2020.
Also, the government is exploring ways to make the program available to those that have so far been unable to apply due to not operating from a business banking account. Further details on these changes will be released in coming days, including a new business account opening process.
Finally, it was announced that the Business Credit Availability Program (BCAP) is extended to June 2021.