Feds
Feds want equity or cash from companies applying for COVID-19 loan
Terms are designed to make sure companies using the program receive bridge loans, not bailouts.
Caution about Canada’s slow emergence from COVID lockdown
As of May 20, there were 80,081 cases of COVID-19, including 6,027 deaths.
Canada invests another $70M in F-35 development
No commitment to buy but staying in the program has advantages: partners get a purchasing discount.
Feds invest $2.5M to grow agri-food e-business during COVID-19
Will help provide consumers with access to a wide variety of food and agriculture products.
Federal wage subsidy payments to flow first week of May
Liberals hope the subsidy will prompt companies to rehire many of the 6 million workers who asked for emergency federal aid.
Climate, clean tech centre stage in federal economic recovery plans
Interest-free loans of up to $40,000 to install cleaner energy solutions such as solar panels and better windows are in the works.
Nearly 5.4M receiving emergency federal aid as requests climb
New loan program on the way to help eligible small businesses cover costs.
Feds pulled between bailing out oil and gas and moving to cleaner energy
Greenpeace hopes any direct aid will be tied to their willingness to show business plans in line with Canada’s climate targets.
Canadians can now apply for the Canada Emergency Response Benefit
Those who have already applied for Employment Insurance do not need to reapply.
Laid off? How to apply for the Canada Emergency Response Benefit
Offers a monthly $2,000 payment for a period of up to 16 weeks for those who wouldn’t otherwise be eligible for Employment Insurance.
How EI benefits for COVID-19 quarantines will work
Here is a quick overview of what these changes mean
Feds invest $2.3M in potato disease research
As part of the project, the Canadian Horticulture Council will survey potato fields to determine the levels of Potato Early Dying disease
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Feds invest $5.2M in CME tech program
Up to 175 manufacturers in southern Ontario will be provided with technology assessments.
Feds invest in two Quebec manufacturers
The funding consists of repayable contributions totalling $797,400.
Atlantic Canadian life science firms receiving $1.7M from feds
Four Halifax-based companies are part of a cluster of more than 100 locally-owned life sciences businesses
