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ARTICLE · 06 JULY 2020

Financing Opportunities During The COVID-19 Pandemic

Osler, Hoskin & Harcourt LLP
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Businesses in all industries and of all sizes have been impacted by the COVID-19 pandemic, resulting in unexpected liquidity challenges.

CanadaCoronavirus (COVID-19)
Joyce Bernasek
Joyce Bernasek
Bradley Lastman
Bradley Lastman
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Businesses in all industries and of all sizes have been impacted by the COVID-19 pandemic, resulting in unexpected liquidity challenges. In addition to private funding sources, the Government of Canada has introduced a number of funding programs for businesses. The programs are generally targeted to small- and medium-sized businesses – what qualifies as a "small or medium-sized business" is subject to determination by the lender. The following is a high-level summary of the programs being provided by the Government of Canada to businesses and industry sectors.

Business Credit Availability Program

Loan guarantees for small- and medium-sized enterprises

Program lead: Export Development Canada (EDC)

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