Regional Relief and Recovery Fund (RRRF)
Frequently Asked Questions
Choose from one of the themes below:
1) What is the Regional Relief and Recovery Fund (RRRF)?
The Regional Relief and Recovery Fund (RRRF) is an initiative launched by the Government of Canada to assist SMEs and NPOs affected by the economic impacts of COVID-19 and that do not have access to all the assistance that they need from the government of Canada. The RRRF is offering them emergency financial assistance if they have limited cashflow, to help them to remain operational.
The RRRF is a national initiative worth close to $1 billion, including $211 million for Quebec. It is being implemented across Canada by the six regional development agencies, thus by CED in Quebec. The RRRF includes two components:
- $140 M in financial support for vulnerable SMEs ineligible for measures already in place and facing cashflow problems.
- $71 M to support SMEs and NPOs by giving them key access to capital and technical assistance in rural communities served by Community Futures Development Corporations (CFDCs) and Centres d'Aide aux Entreprises (CAE).
2) What other support measures are available to SMEs or the self-employed in the context of the COVID-19 pandemic?
For information on other CED and Government of Canada programs in the context of the pandemic, consult the Frequently Asked Questions - COVID-19.
3) The RRRF is addressed to whom?
The RRRF targets SMEs and NPOs affected by the economic impacts of COVID-19 and who do not have access to the assistance they need from the government of Canada. Review the detailed eligibility conditions.
4) What are the eligibility criteria for this initiative?
The RRRF is intended for all of Quebec’s economic sectors (aviation, food production, manufacturing, retail, technology, tourism, etc.). Community organizations or social not-for-profit organizations are not eligible for funding. Certain eligibility restrictions apply to self-employed workers and sole proprietorships.
The general eligibility criteria are as follows:
- You are an SME or an NPO registered in Quebec.
- You are short on cashflow due to the economic aftermath of COVID-19.
- You are ineligible, have been refused under other measures from the government of Canada, or have an additional need for working capital.
Review the detailed eligibility conditions.Back to top
5) Are contributions to SMEs under the RRRF repayable or non-repayable?
The contributions are repayable. For those under $40,000, a portion of the support could become non-repayable (maximum of 25%) under certain conditions if 75% of the contribution is repaid by December 31, 2022.
6) What will you do to support SMEs in the tourism sector?
The RRRF will also support SMEs and organizations in the tourism sector.
7) To assist retail businesses and local, will you offer this support only in rural areas through CFDCs/CAE?
No. We do support these types of clients when then are located in urban areas, either directly or indirectly.Back to top
8) Starting when/how can I submit a request under the RRRF?
You may submit a request right now. You can consult the eligibility criteria and submit a request online.
9) How will requests for support be analysed?
Requests will be processed on an ongoing basis.
10) Can a client make more than one request?
A single client can submit only one request for support throughout the duration of the initiative.
11) Will you give priority to businesses in certain sectors of activity?
No, but priority could be given to companies and organizations that have not received assistance.
12) Who can I speak to if I have other questions on the RRRF?
A telephone line (1-800-561-0633) is available to you for any additional questions.Back to top
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