Feds Launch New $600-Million Lifeline For Small Businesses

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'We need to keep our innovation and our competitive edge, notwithstanding the pandemic.”

Economic Development Minister Melanie Joly, second from left, takes part in a press conference on Parliament Hill amid the COVID-19 pandemic in Ottawa, Thurs. June 11, 2020.

The measure announced today by Economic Development Minister Melanie Joly brings total support through the Regional Relief and Recovery Fund to more than $1.5 billion. Watch: Half of women business owners feared they would have to shut down forever during the pandemic. Story continues below.The relief and recovery fund, administered through federal regional development agencies, is intended to help enterprises that might not be eligible for other pandemic-related assistance.

 

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