Saskatchewan is providing $50 million in financial support to small and medium-sized businesses that have had to temporarily close or curtain their operations as a result of the coronavirus pandemic.
The aid was announced Wednesday by the government of Saskatchewan. The funding is through the new Saskatchewan Small Business Emergency Payment (SSBEP).
Grants will be paid based on 15 per cent of a business’s monthly sales revenue to a maximum of $5,000. “We have heard from our business community and understand the unprecedented challenges that they are facing,” Premier Scott Moe said in a statement. “Our government is providing critical support for businesses that have had to fully or partially close their doors to protect public health and