Economic Development Office

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

News and Updates

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Support from the Town of Newmarket - Newmarket Economic Recovery Action Plan

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. 

Stage 3 - Re-opening Your Business

The Town of Newmarket, along with the rest of York Region, was permitted to enter Stage 3 of re-opening as of 12:01am, Friday, July 24, 2020.  

In Stage 3 of re-opening, nearly all businesses and public spaces can gradually re-open with public health and workplace safety restrictions in place to keep everyone safe.  The Town of Newmarket will continue to take a cautious approach to reopening with the health and safety of our community as our priority. For updates on the Town's re-openings please visit


Re-opening Guidance: 

The Newmarket Chamber of Commerce has put together a document to assist businesses in planning their re-opening.  It includes specific resources for industries as well as guides for employee health and safety, communications and physical distancing. The Chamber's resource is available here.

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. 

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. All requests for assistance as they pertain to COVID-19 are being processed through our Business Assistance Concierge Program.  This program connects you directly with a case manager who can provide updates on programming, funding and on-going support during COVID-19. 

To take advantage of the services offered by the BAC please fill visit our landing page, or contact Alex Al-jbouri at  905 895 5193 ext 2753. 

Mentorship Access ProgramThe Town of Newmarket Mentorship Access Program (MAP) provides businesses access to a directory of fellow business leaders who are open to providing mentorship on items such as business planning, marketing, employee engagement and more.  Businesses in Newmarket have extensive knowledge of their industry. This program seeks to augment the business owners' expertise with an objective partner in brainstorming and business planning.  Business owners wishing to connect with a mentor should do so by filling out the form at 

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 relief program and we will update the public when more information becomes available. 

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.

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. 

  • Digital Main Street Funding Programs. Digital Main Street has launched a "Shop Here" funding program that covers the full cost of developing, launching, and operating (for three-months) a digital website for eligible small Ontario businesses. Interested businesses should click on the link provided to submit a short online application to determine eligibility. An additional funding program to fund the operation of the webpage after the initial 3-month funding period will also be launched shortly.
  • York Region Economic Development list of Government and Industry contacts and support
  • York Small Business Enterprise Centre (YSBEC): Effective immediately, where possible, the YSBEC will be moving all in-person consultations to phone consultations. Consultations that cannot be completed by phone will be postponed until further notice.  For information please email:

Federal Programs

Canadian Emergency Response 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.

    More information on the Canada Emergency Response Benefit, including how to access the benefit, can be found at this link

CANADA Emergency Wage Subsidy
  • The Canada Emergency Wage Subsidy (CEWS) is available to eligible Canadian employers whose business has been affected by COVID-19.  Employers may be eligible for a subsidy of 75% of employee wages for up to 24 weeks, retroactive from March 15, 2020, to August 29, 2020. This wage subsidy will enable you to re-hire workers previously laid off as a result of COVID-19, help prevent further job losses, and better position you to resume normal operations following the crisis.

  • Wage subsidy of 75% on the first $58 700 earned by an employee ($847/week).  

  • The subsidy is available to businesses, not-for-profits and charities whose revenue has decreased at least 15% in the month of March and 30% in each of the following qualification periods due to COVID-19

Business 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 $20 000 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 - The Regional Relief and Recovery Fund is now open to small and medium sized businesses to apply. This funding supports businesses that have been unable to obtain funding through other federal COVID-19 response measures
  • Large Employer Financing Facility – provides bridge financing to Canada’s largest employers whose needs during the pandemic are not met by conventional financing. More details to come
  • 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
  • Province of Ontario: List of Non-Essential Businesses
  • Province of Ontario: Ontario Together portal for businesses who can offer products, services and ideas to combat COVID-19
  • The Province of Ontario announced its plan for supporting commercial tenants and landlords through COVID-19.  
    • Small businesses who have had to close or who have experienced a decrease of 70% in revenue due to COVID-19 AND who pay $50 000 or less in rent per month are eligible for the program
    • The Province will cover 50% of rental payments, while tenants and landlords will cover the other 50%, with tenant businesses paying a maximum of 25%

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