COVID-19 has forced businesses across Canada to shut their doors indefinitely and bar owners are being shunned from financial compensation, according to Montreal’s Crescent Street Merchants Association.
On Monday, Trudeau announced the new Business Credit Availability Program, which will provide more than $10 billion in additional support to businesses through the Business Development Bank of Canada and Export Development Canada.
According to the association, the reaction was positive at first when bar owners found out they’d be eligible for compensation.
But that quickly took a turn for the worst. The Business Development Bank of Canada’s (BDC) application for financing excludes the following businesses: “Really?