Economic Development Office

395 Mulock Drive P.O. Box 328 Station Main, Newmarket, Ontario
L3Y 4X7

News and Updates

Sign up for our weekly COVID-19 Business Updates on Municipal (local), Provincial, Federal and community information. Sign-up today. 

For information on what Newmarket is doing in response to COVID 19, how to access services and what supports available to residents visit

Support from the Town of Newmarket

The Newmarket Economic Development team will continue to support businesses during this difficult time. To ensure the health and safety of our clients and staff, all business support activities will be conducted via phone and online.  To assist us in answering your question please fill out the form at the following link. 

Business Recovery

The Newmarket Economic Development office is committed to supporting the immediate and long-term economic success of the business community in the wake of the COVID-19 pandemic. 

Please note that resources being made available provincially, federally and at the local level are changing each day.  As an Economic Development team, we endeavour to provide the most up-to-date information and to create information resources for companies operating locally to assist in business continuity.

York Region put together a checklist of things that businesses should do FIRST when looking at business recovery.  The details can be found here.

The Northern Six (N6) municipalities of York Region and the York Region Economic Development Strategy Office are working together to assist local businesses through this crisis.  Please feel out the form at the following link to request information on the changing resources available to companies in Ontario.  You should also fill out this form if you require direct assistance from an Economic Development Officer.  

Request Information and assistance from an Economic Development Officer.

Property Tax Relief

After declaring a state of Emergency in the Town of Newmarket, Council took immediate action to waive all fees and interest related to late payment of property taxes for the March and April instalments, for all residents and businesses. Council also approved a tax deferral program and will update the public when more information becomes available. 

Many people have suggested further measures that should be considered. Please know that further work is being done at all levels of government and the Town will continue to look for ways to do more to support businesses and residents who are economically challenged during these difficult times.

For more information, visit our frequently asked questions webpage on property taxes and options for residents during COVID-19. 

Businesses on Pre-Authorized Payment Plans 

Currently, the Town is withdrawing PAP payments as scheduled. If your business is currently on a pre-authorized payment plan (PAP) and you need more time to pay for the April 28 tax payments, you will need to notify the Town in writing by emailing Doing so will stop all PAP withdrawals and cancel your participation from the PAP program. 

If you wish to return to any PAP plans in the future, you will need to re-apply and pay any remaining balance on your account must be $0. This applies to all Pre-Authorized Payment Plans (10-month - Plan B, Plan D, Plan E and Installment Plans). 

For more information, visit our frequently asked questions webpage on property taxes and options for residents during COVID-19. 

Support for Community Groups

Newmarket is also taking significant action to help support the most vulnerable in the community. Council has approved $25,000 in support of community meal programs, enhanced community food bank operations and other community needs. The Town is working with community groups on contingency planning to ensure they are able to meet the needs of the community as the COVID-19 pandemic continues to unfold. 

The Town of Newmarket is working with many local organizations who are helping to support the community throughout the COVID-19 pandemic. For more information on how you can help, please contact us at 905-895-5193.

Utility Bill / Newmarket Hydro

Newmarket Hydro customers who pay Time of Use electricity rates will now be charged the off-peak rate of 10.1 ¢/kWh for all electricity usage, 24 hours a day, seven days a week. This change is for a temporary period of 45 days. This change was made by the Province of Ontario on March 24, 2020 to assist residents when we are practising safe social distancing at home. 

Business Recovery Task Force
The Town is in the process of formalizing a Businesses Recovery Tasks Force. Newmarket’s Economic Development Team is constantly communicating with key stakeholders like the Chamber of Commerce, the BIA and other local business representatives to continue to look for ways to support local businesses in Newmarket during the COVID-19 Pandemic. More information will be provided to the public when available.
Noise Bylaw Exemption to allow for 24-hour Service Delivery
Newmarket Council reviewed its Noise By-law and it currently meets the requirement to allow all service or delivery trucks, who are providing essential services to continue with their business outside of current daytime hours. This will ensure all essential services and stores will be stocked for our community.

Newmarket Chamber of Commerce Business Support 

Information and Resources
The Newmarket Chamber of Commerce is offering business support during the COVID-19 Pandemic. Their website includes information on Federal and Provincial loans, stimulus funding and other important resources. Visit for details. 

The Chamber of Commerce hosted a Facebook live panel on Friday, March 27, 2020 with President Tracy Walter MP Tony Van Bynen, Minister Christine Elliott and Mayor John Taylor. Newmarket Chamber members and the broader business community to asked questions and heard what each level of government is doing to support businesses during this time. View an archived video of this panel. 

The Chamber is also sharing resources on their Facebook page including videos and live conversations on items such as topping up employee EI and working from home.

York Region Business Support

Information and Resources

York Region provides a variety of programs designed to attract and support business, large and small. Learn more below. 

Federal Programs

Canadian Emergency Response Fund Benefit

Canadian Emergency Response Benefit: $2000 per month for all Canadians, including the self-employed and others who do not qualify for Employment Insurance (EI) facing unemployment

The new Canada Emergency Response Benefit will provide a taxable benefit of $2,000 a month for up to 4 months to:

    • workers who must stop working due to COVID19 and do not have access to paid leave or other income support.

    • workers who are sick, quarantined or taking care of someone who is sick with COVID-19.

    • working parents who must stay home without pay to care for children that are sick or need additional care because of school and daycare closures.

    • workers who still have their employment but are not being paid because there is currently not sufficient work and their employer has asked them not to come to work.

    • wage earners and self-employed individuals, including contract workers, who would not otherwise be eligible for Employment Insurance.

    The Canada Emergency Response Benefit will be accessible through a secure web portal starting in early April. Applicants will also be able to apply via an automated telephone line or via a toll-free number.

Emergency Wage Subsidy (more details to come)
  • Wage subsidy of 75% on the first $58 700 earned by an employee ($847/week).  Retroactive to March 15th.  

  • The subsidy is available to businesses, not-for-profits and charities whose revenue has decreased at least 30% due to COVID-19

  • Finance Minister Bill Morneau to provide further updates shortly.

Bussiness credit availability program
  • Canada Emergency Business Account (CEBA) will provide interest-free loans for one year of up to $40 000 to small businesses and non-profit organizations.

  • Businesses must demonstrate that they paid between $50 000 and $1 million in payroll in 2019
  • Up to $10,000 may be forgivable if 75% repaid within one year
  • Transitions into a 3-year loan at 5% interest after 1 year
  • The program will be rolled out through financial institutions in the weeks following March 27
  • SME Loan and Guarantee program

  • Government has made available up to $6.25 million under this program
  • Loans available through financial institutions at the commercial interest rate
  • Ten year repayment period 

Other Federal Assistance for Businesses
  • BDC (Business Development Bank of Canada) - Support for entrepreneurs through financing
  • Canadian Chamber of Commerce - Pandemic preparedness guide for business 
  • Export Development Canada - EDC stands ready to support Canadian exporters impacted by COVID-19
  • FedDev Ontario - COVID-19 support for tourism operators and small to medium-sized business or organizations
  • Government of Canada: Opportunities for suppliers to provide the government with products (eg. face masks, gloves, etc.) and services in support of Canada's response to COVID-19 
  • Canada Revenue Agency: Income tax filing and payment dates have been extended.
    • June 1, 2020 (file), September 1, 2020 (payment) for individuals
    • June 15, 2020 (file) and September 1, 2020 (payment) for self-employed individuals and their spouse 
    • June 1, 2020 (file) and September 1, 2020 (payment) for corporations with filing dates after March 18 and before June 1, 2020.

Provincial Programs 

Information and Resources

Other Resources 

Industry Organization Support

Industry organizations have provided guidelines to help their members and businesses, in general, respond to COVID-19. Visit the links below for more information:

Resources to Support the Workplace

COMMUNITY Resources*

Note: Community Resources are provided by external organizations and not affiliated with the Town of Newmarket