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The federal government of Canada is focused on assisting Canadians and organizations through this tough time that is economic. We shall continue steadily to protect the safe practices of Canadians, while supporting families and companies and maintaining our economy strong when confronted with doubt.
The Prime Minister, Justin Trudeau, today announced extra measures that are new help smaller businesses working with the commercial effects associated with pandemic. These measures may help Canadian companies protect the jobs that Canadians depend on, and spend their staff and bills of these times that are difficult.
TodayвЂ™s statement is an integral part of the governmentвЂ™s Economic Response Plan, which currently commits $107 billion in help to Canadians for them to purchase food, pay rent, and take care of their nearest and dearest, and in addition supports organizations through this hard time.
The Government of Canada will to further support small businesses
These investments that are new help CanadaвЂ™s banking institutions supply the credit and liquidity choices that a selection of Canadian companies need instantly.
The us government of Canada realizes that some sectors have already been disproportionally influenced by the pandemic. We’ll continue steadily to very very carefully monitor all developments, and take further action into the near term. WeвЂ™re all in this together, additionally the federal Government of Canada will work 24 / 7 to make sure all Canadians and smaller businesses have the support they should weather this crisis.
вЂњSmall companies are the backbone of our economy, plus a source that is important of jobs across this nation. They’ve been dealing with financial difficulty and uncertainty during the pandemic, and that’s the reason we are following through now to assist them to have the monetary help they have to protect their staff and spend their bills.вЂќ
The Rt. Hon. Justin Trudeau, Prime Minister of Canada
вЂњThe measures that we have been using to safeguard Canadians and our economy through the impacts for the pandemic remind us that extraordinary times need extraordinary actions. Because of the brand new measures we have been announcing right now to help organizations, our company is showing yet again we must to ensure that workers and businesses are supported through the outbreak, and therefore our economy stays strong when confronted with adversity. that individuals can do exactly whatвЂќ
The Hon. Bill Morneau, Minister of Finance