WD Regional Relief and Recovery Fund (RRRF) – Application Guide

The Regional Relief and Recovery Fund (RRRF) will provide interest-free repayable contributions to help support businesses that have suffered a financial hardship resulting from the COVID-19 pandemic. The support will assist small- and medium-sized enterprises that are unable to access other federal COVID-19 relief measures. Western Economic Diversification Canada (WD) is delivering RRRF in British Columbia, Alberta, Saskatchewan, and Manitoba.The RRRF will support businesses in two unique ways. It will:

  1. Provide up to $40,000 in repayable contributions to businesses that are not eligible to access the Canada Emergency Business Account (CEBA) or the RRRF – Community Futures Stream. Repaying 75 percent of the contribution (up to $30,000) on or before December 31, 2022 will result in forgiveness of 25 percent of the contribution (up to $10,000).
  2. Provide up to $1,000,000 in repayable contributions to businesses that can demonstrate a meaningful contribution to the western Canadian economy, and are experiencing liquidity issues. These companies may not have accessed other Government of Canada relief programs, or may have accessed them, but require additional funding to mitigate cash flow pressures. This contribution is fully repayable.

This guide provides instructions to applicants on how to complete WD’s Application for the RRRF. Refer to WD’s website for information on program objectives, eligibility criteria, funding, and the application review process.