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ARTICLE · 02 JULY 2021

LEEFF Loan To Sunwing For Traveller Refunds

Borden Ladner Gervais LLP
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On June 25, 2021, the Canada Enterprise Emergency Funding Corp. (CEEFC) announced that it has made a repayable loan of up to $100 million to Sunwing, under the Large Employer Emergency Financing Facility (LEEFF),...

CanadaCoronavirus (COVID-19)
Howard Silverman
Howard Silverman
Frank Callaghan
Frank Callaghan
Christine Mason
Christine Mason
Charlotte Chien
Charlotte Chien
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On June 25, 2021, the Canada Enterprise Emergency Funding Corp. (CEEFC) announced that it has made a repayable loan of up to $100 million to Sunwing, under the Large Employer Emergency Financing Facility (LEEFF), to enable Sunwing to provide refunds to eligible Sunwing customers.

As a result of this repayable loan, Sunwing will expand its refund policy to provide refunds to eligible customers who were issued a travel credit due to vacation cancellations resulting from the COVID-19 pandemic. Sunwing will make customers aware of its updated refund policy through public announcements and direct outreach to customers. Sunwing will launch an online portal for customers to request refunds; customers will have until August 27, 2021, to request refunds under these updated terms.

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